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Forex
UoM Consumer Sentiment to Rise After Falling to 97.2 in April
The University of Michigan’s consumer sentiment index is forecast to rise in May following the decline in April. Economists forecast that consumer sentiment will improve to 97.8 for the current month. This follows the declines in April… Read More
Australia’s Unemployment Rate Rises to 5.2%
The latest monthly jobs report from Australia saw the unemployment rate rising unexpectedly to 5.2%. Economists had forecast that the unemployment rate would fall to 5.0%. Revisions to March’s report saw the unemployment rate being revised… Read More
US Building Permits to Remain Subdued in April
The monthly building permits data will be released by the Commerce Department today. According to economists polled, building permits are forecast to rise 1.298 million in April.
This follows a modest increase from March. Building… Read More
Commodity Currencies Collapsing As Trade War Woes Take Hold
US Retail Sales on Watch
It was another muted session for the US dollar over the European morning on Wednesday. Markets await the first tier-one US data of the week later today. April Retail Sales are due today. The index is trading midway… Read More
UK PM Announces Fourth & Final Brexit Vote By Early June
May Brings Vote Forward
Brexit negotiations have once again swung into the spotlight. UK Prime Minister Theresa May has announced that she will put her Brexit deal before parliament in a vote in early June.
May has been engaged in… Read More
GOLD Looks Bullish Above $1290!
In today’s market insights Stavros explains why his view on XAUUSD favors the bulls and what he expects from now on! Watch as he provides his technical insights also on USOIL and identifies levels where the correction could perhaps, finally… Read More
Markets Recover From Sell-Off
The panic sell-off in the markets which led to a risk aversion earlier this week stabilized on Tuesday. Equity markets were showing signs of a rebound as the risk appetite was slowly building up.
The economic docket remains muted against… Read More
Retail Sales Set to Moderate Following the Gains in March
The monthly retail sales report will be released today. The official data from the US Census Bureau is forecast to show that consumer spending in retail could slow in April.
This comes after retail sales rose the most in two years in… Read More
Markets Stabilize Following Explosive Moves Yesterday
Little to Report in USD
The US dollar was slightly higher over the European morning on Tuesday. The index rose to 97.16 last, keeping its head above the 97.10 level. Looking ahead to today’s US session, there is very little on the data… Read More