2019

The flash manufacturing data from the IHS Markit showed that manufacturing PMI contracted. This was the first contraction for the first time since 2009. The manufacturing PMI fell to 49.9 in August. This was below expectations of 50.5 and…
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Overnight, we could get the most important economic data from New Zealand for the week. And an important indicator of what we might expect for their dollar in the future! Unlike most other countries, the Kiwis track retail sales only on…
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Markets saw little activity after the release of the Fed’s meeting minutes yesterday. The central bank, in its minutes, revealed that the rate cut in July was a mid-cycle adjustment. The Fed minutes put the Fed in a position of not being…
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The European Central Bank will be releasing the meeting minutes from the July 25th monetary policy meeting. Typically, meeting minutes don't reveal much information during periods where the central bank is maintaining the status quo.…
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This is the week for the Fed, with two major events that have the markets on tenterhooks. Later we have the release of the minutes from the last meeting. These will give us some valuable insight into what to expect from the FOMC going…
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The monthly existing home sales report is due today by the National Association of Realtors. The data will provide estimates of the value of the existing home sale conditions in the US economy. The existing home sales data is a monthly…
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Following a rather slow week as far as the economic data is concerned, the Fed meeting today will be one to watch. Investors are likely to remain on the sidelines in the run-up to the release of the FOMC minutes today. The data comes as…
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Later today, we have an important data release from New Zealand; the bi-weekly GDT Price Index. The figure plays an important role in determining the evolution of the currency. There has also been quite a lot going on lately that needs to…
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