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Forex
And Now Brexıt!
The US and China signed a partial deal yesterday, putting a temporary stop to global uncertainty! Are emerging markets affected by the fresh rhetoric, or should we just focus on #monetarypolicy? Markets are now looking at the EU and UK.… Read More
What to Expect from China GDP
Tonight we have the biggest event for Asian markets for the week - probably even for the month!
We are expecting a host of economic data from China, chief among them quarterly GDP. The Asian giant is expected to close out the year just… Read More
EIA Reports Unexpected Inventories Decrease
Crude Inventories Rise
The latest data from the Energy Information Administration showed an unexpected decrease in US crude stores. Over the week ending January 10th, US crude inventories were lower by 2.5 million barrels.
This… Read More
US Retail Sales to Recover
Retail sales figures for the United States, covering the month of December will be coming up today.
The data released by the Commerce Department will show how much Americans spent at retail stores over the holiday month.
In November,… Read More
WTI: 60.85 Likely To Complete Zigzag Correction
The current USOIL structure points to the cycle degree wave c of an a-b-c-d-e triangle.
Crude could slide move down to form wave d. Keeping in mind the corrective formation, we are likely to see a ‘three’ pattern. However, the current… Read More
Markets Sensitive to Deal Details
Markets Sensitive to Deal Details
Gold’s recent muted performance has been owed to trade deal details! With the text likely to surface following the official sign-off today, market participants will see exactly what’s been agreed and… Read More
US/China Trade Deal Signing Today
USD Mixed Following CPI Miss
The US dollar has started the day with a mixed tone. The USD index has now spent the week consolidating just below the recent 97.26 highs. US inflation data released yesterday was a little lackluster with… Read More
German CPI & Potential for ECB Action
There are two major economic events tomorrow which could drive the euro.
First, we have the release of German inflation data. We generally expect this to affirm the flash number provided at the beginning of the month.
Then we have the… Read More
Is the US/Iran Crisis Over?
US Kills Top Iranian General
The hostilities between the US and Iran have subsided for now. However, it would be foolish to deem the crisis as having “ended”.
The year began with President Trump ordering the assassination of a top… Read More
USD Maintains Modest Gains
The US dollar held onto gains as the index struggles to break out from the current highs near 97.50.
Economic data from the United States saw inflation data disappointing.
Headline inflation rose 0.2%, while core inflation rose just… Read More