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Markets Mixed on Trade & Monetary Policy Narrative
After a quiet start to the week, the markets were treated to two major themes on Tuesday.
Equities posted some gains after reports that President Trump will be meeting with Chinese Premier Xi on the sidelines of the G-20 summit. There is…
5 Things To Watch Out For From The Fed This June
Investors turn their attention to the FOMC meeting this Wednesday. At the conclusion of the two-day event, the Federal Reserve will be releasing its monetary policy statement.
It will also include the updated economic forecasts and the…
Commodity Currencies Continue Rally As Powell Talks Down USD
Fed Talks Down The Dollar
The US dollar has been lower over early European trading today following comments from Fed’s Powell yesterday in Chicago. The Fed chairman reassured investors that the Fed would do all it could to sustain US…
Trade of the Day – EURJPY – Moving lower within the corrective channel
Further downside is expected and we prefer to set shorts in early trade.
Coming up: Canada Housing and NZ Spending
Housing is one of the premier measures of real-world effects of monetary policy and changes in interest rates. It's also a gauge of disposable income. This is why traders are keeping an eye on the Canadian housing market since it often…
Oil Rally Pauses As US Crude Production Hits Record Highs
Amidst the broader, ongoing rally, crude prices were knocked slightly lower mid-week as the latest industry data highlighted an unexpected build in stockpiles. The weekly Energy Information Administration report, covering the week ending…
SPX500 Surges As US/China Trade Talks Enter “End Game” Stages
Risk assets have traded strongly this week. Expectations are growing around a potential US/China trade deal which could put an end the damaging, year-long trade war. The war soured world growth all throughout 2018.
US and Chinese…
Over the weekend: China PMI
One of the more anticipated data bits from this weekend is scheduled for release early on Sunday. This will be the official PMI data from China.
With so much speculation around potential world economic weakness, the first insight into…