Articles

Gold It’s been a quiet week for metals despite plenty of developments to note. As of writing, gold prices are just a little below the weekly open and have yet to break the range of the prior week. The week started with a weaker tone to… Read More

The US Dollar was knocked lower again this week as a further bout of data weakness has put a fresh focus on a potential rate cut at the upcoming October FOMC. September's retail sales were heavily disappointing. The headline figure printed… Read More

The Philadelphia Fed manufacturing index report is due for release later today. Economists forecast that manufacturing activity as measured by the index will fall to 7.3 for October. This comes after the index stood at 12.0 in September.… Read More

The US dollar fell for the second consecutive day. The retail sales report for September was weaker than expected. Headline retail sales fell 0.3% while core retail sales fell 0.1%, missing estimates. Data for the previous month was revised… Read More

Dollar Higher on Trade Deal Concerns The US dollar has been a little firmer over the European morning on Wednesday as equities markets have seen a mild pullback. Uncertainty around Brexit negotiations as well as the pending signing of the… Read More

In its latest World Economic Outlook released this week, the International Monetary Fund gave a rather downbeat assessment of global financial conditions. The IMF warned that global growth is projected to fall to just 3% this year. This… Read More

The International Monetary Fund issued another grim warning for global growth. It said that the US-China trade war would cut 2019 global growth to the lowest levels since 2008 - 2009. The IMF stated that the global outlook could darken… Read More

The monthly US retail sales report is due to come out today. Data from the Commerce Department is forecast to show that retail sales will rise by 0.3% on both the headline and the core. In August, headline retail sales rose 0.4% while… Read More

Overnight and tomorrow we have a set of data releases that could directly affect the price movement of major currencies. The NZ inflation data is especially interesting since it's only published once per quarter. And investors are really… Read More

USD in Demand The US dollar has been a little firmer over the European morning so far on Tuesday. Fluctuations in risk appetite around trade war and Brexit headlines continue to impact the safe-haven flows seen for USD. Fed rate cut… Read More