Orbex - Forex Trading Library

Tomorrow we get the first major economic data release out of the UK for the week. Thanks to Brexit,  the underlying economic performance and what moves the currency doesn't get as much coverage as it deserves. One of the main indicators…
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The markets were trading mixed by Friday’s close after the tariffs on goods imports from China were hiked from 10% to 25%. This came as the US and China trade talks fell apart. However, investors are hopeful that there is still a chance …
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The week ahead is expected to be somewhat slower as far as economic reports are concerned. The major economic events over the week will focus on the labor market reports from Australia and the UK. The ongoing trade war tussle between the…
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The importance of an inversion in the bond yield curve is in its reputation. Of the last nine recessions, it correctly predicted nine of them (or ten, if you count the economic slowdown in the mid-'60s). There isn't any other economic…
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The risk sentiment in the market was improving on Thursday, but investor concerns remain. With the passing of the deadline, the US administration did not make any official announcement on raising the tariffs on Chinese goods. Meanwhile,…
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The monthly labor market report from Canada will be coming out later today. Data from Statistics Canada is forecast to show that the economy added 44.1k jobs in April. The unemployment rate, meanwhile, is forecast to remain steady at…
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The US and China trade war took a new turn yesterday. President Trump tweeted that Chinese delegation would be coming to the US to make a deal. This kept the risk-off sentiment in check. However, the Washington administration was also…
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The Labor Department will be releasing the monthly producer prices index report later today. A poll of economists shows that the median estimates point to a somewhat weaker pace of increase in the PPI. Economists expect headline PPI to…
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