All eyes on Washington as trade talks wrap up Markets will focus on trade today, as another round of US-China talks wraps up Euro looks to Germany’s Ifo survey and remarks by ECB’s Draghi Meanwhile, antipodeans are mixed amid headlines out of China and the RBNZ All eyes on Washington as another round of trade […]
Continue ReadingDollar ticks up after Fed minutes; aussie sinks Dollar ticks up after Fed minutes keep possibility of rate hikes alive European PMIs and ECB minutes highlight today’s agenda Aussie torpedoed as Chinese port bans Australian coal imports High-level trade talks resume in Washington Dollar crawls higher as Fed minutes aren’t as dovish as expected The […]
Continue ReadingChances for a Euro recovery after last week’s declines are easing. After having capitalized on the dollar’s weakness, the Euro retreated amid the recent slowdown in growth and weak economic releases in the euro zone, and now deepened the decline amid political glitches and the same time pressured by European Central Bank’s decisions. Political risks […]
Continue ReadingDollar retreats ahead of Fed minutes; pound soars Greenback pulls back on expectations for ‘dovish’ Fed minutes today Pound outperforms, soars back above $1.30 without Brexit news Gold sails past 10-month highs amid a quiet flight to safety Dollar retreats as traders brace for ‘dovish’ Fed minutes The dollar gave up some early gains on […]
Continue ReadingMarkets quiet as trade talks resume Markets quiet as new round of trade talks kicks off Sterling unfazed as Labour MPs split, looks to UK jobs data today Yen ticks down after BoJ chief teases further easing Subdued market moves ahead of fresh negotiating round Stocks in Asia are mostly in the green on Tuesday, […]
Continue ReadingThe latest British employment data are due for release on Tuesday, at 09:30 GMT. Forecasts point to some further acceleration in wage growth during December, which is encouraging and could support the pound on the news. That said, with less than six weeks left until the UK exits the EU, and still no agreement in […]
Continue ReadingStocks & commodity currencies cheer trade optimism Risk sentiment buoyed by signs of “progress” in US-China trade talks ECB’s Coeure sends the euro lower, but single currency bounces back US and Canada closed for today, attention may be on Brexit Stocks rally alongside commodity currencies amid trade “progress” Encouraging headlines around the US-China trade talks […]
Continue ReadingDollar, stocks retreat as data and trade talks disappoint Dollar and equities pull back after US retail sales plummet and trade talks seem likely to disappoint Pound underperforms as PM May loses another Brexit vote Euro/dollar stabilizes somewhat, supported by rate differentials UK retail sales and early US data for February coming up today Dollar […]
Continue ReadingMarkets climb on trade euphoria; dollar rally revitalized Stock markets grind higher as trade hopes grow, but caution warranted Dollar bulls back in the driver’s seat as core inflation beats forecasts Aussie and kiwi outperforming on Chinese data; focus on trade talks Trade euphoria keeps markets afloat as talks commence, but mind the risks US […]
Continue ReadingKiwi roars back as RBNZ disappoints the bears Kiwi skyrockets after RBNZ refrains from signaling rate cuts, but downside risks linger Trump’s trade comments reinvigorate risk appetite UK and US inflation data highlight the agenda today RBNZ fails to live up to market’s dovish expectations, kiwi explodes up As expected, the Reserve Bank of New […]
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