Yearly Archives
2019
USD Gains, Retail Sales Data on the Docket
The US dollar index was seen posting gains on Thursday. This came despite import prices falling 0.3% on the month while the weekly unemployment claims rose higher than forecast. Investors look to the monthly retail sales report due later in…
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Last Data Before BOJ Meeting
The yen has had a busy couple of weeks on the economic front, with a host of data coming out to help drive the currency.
But, after tomorrow, we get a few days rest where we can expect the currency to move chiefly on technicals. Then we…
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Crude Remains Under Pressure Following API, EIA
US Oil Inventories Continue Rising
Crude oil prices fell again on Wednesday on weak demand and lingering fears of an economic slowdown, the Energy Information Administration reported for the week ending June 7.
US inventories continued…
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Market Risk Aversion Returns on Various Themes
Risk aversion was back in the markets with the safe haven assets outperforming. The US dollar index was also seen rising on the day on Wednesday. Trade spats from Washington and Beijing lowered the prospects of any trade deals that could be…
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Trade War Risks Prompt More Chinese Stimulus
Trump Takes Positive Vide Away
Up until now, it has been unclear whether the failure to reach a trade agreement between the US and China was attributed to China's lack of experience when it comes to trade matters.
Sources close to…
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Upcoming Swiss Rate Decision
Tomorrow we have one of the most important events on the economic calendar for the Swissie, and that is the interest rate decision with related data from the SNB.
Because the Swiss central bank meets less frequently than others, when it…
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Trade Idea – Gold 2019-06-12
This week we are looking at Gold on the daily and monthly charts!
Check out our weekly Trade Idea and tap into the market trend!
Disclaimer: This material is intended for marketing/information purposes only and does not contain,…
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Markets mixed as investors wait for further clues
The markets were seen trading mixed on Tuesday as equities paused in their rally and gold managed to post some modest gains on the day. With the producer prices index coming out lower than expected, focus turns to today’s inflation report.…
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US Inflation Data in Focus After Disappointing NFP
The US Department of Commerce will be releasing the monthly inflation report today. Following last Friday’s weak jobs report, focus turns to the consumer price index data.
Investors will likely assess the pace of growth in inflation as…
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