RBNZ_Kiwi

The markets head into a slow week. From the US Fed speakers include Janet Yellen who will be speaking next week. A rather busy week from the US will see the GDP revisions for the second quarter alongside the core PCE price index data. In the eurozone, preliminary inflation numbers from Germany, Spain, and France will culminate with the flash i...

2017-10-22 John Benjamin Read more
Bank of Canada

In May, Canada's GDP report showed that the economy expanded 0.6% on a month over month basis. This marked a seventh consecutive month of increase in economic activity. On a year over year basis, Canada's GDP expanded 2.6% during the first quarter of 2017. This was also the fourth consecutive quarterly expansion in the GDP. May's GDP report bea...

2017-08-31 John Benjamin Read more
RBA

As the currency markets progress into the final weeks of July, the main highlights of the week include the FOMC meeting on Wednesday. The Fed is expected to keep monetary policy on hold. Investors are likely to focus on any forward guidance that will be issued by the Fed this week. Questions still remain on the pace of rate hikes as well the bal...

2017-07-26 John Benjamin Read more
Eurozone_EU Inflation

The markets will be moving into the final trading week of the month of March, and the economic calendar is somewhat light, which increases the risk sentiment based on politics. Some of the important economic events that stand out this week include the GDP figures from the U.S., UK, and Canada while preliminary PMI's and inflation figures will ...

2017-03-27 John Benjamin Read more
Dollar rallies_Currency wars

USD Index Above 100.0 Barrier The last trading day of last week showed a dramatic change, leading the US Dollar Index to breakthrough 100.0 barrier all the way back to 99.80’s. However, this was for a limited time, before the index managed to gain some momentum and was able to rebound above that strong support, closing last week around 100.50’s...

2017-01-30 Nour Eldeen Al-Hammoury Read more
Canada_rates_1910_BOC

Latest inflation report from Statistics Canada released on Thursday showed that the total CPI declined 0.4% on the month pushing the 12-month pace to 1.2% in November, down from 1.5% previously. The decline in inflation was larger than the expected 0.2%. Gasoline prices fell 4.3% during the month which was the main factor in pushing inflation lo...

2016-12-23 John Benjamin Read more
Shinzo Abe, BoJ, Yen

The markets will be looking to a final trading week of the year in the week leading to Christmas. After last week's events saw the Fed pushing the short term fed funds rates higher, the focus turns to GDP reports from New Zealand, U.S., UK, and Canada. A particularly slow week from the eurozone while among the central bank meetings next week, th...

2016-12-19 John Benjamin Read more
Payrolls

Market Summary Japan housing starts rise 0.80% in July Japan industrial production see flat in July after rising 2.30% in June Germany retail sales rises 1.70%, beating estimates French inflation seen weaker, rising 0.30% in August Eurozone preliminary inflation at 0.20% in August; Core CPI rises 0.80% ADP private payrolls ...

2016-08-31 John Benjamin Read more
Eurozone

Japan’s industrial production was weaker, falling 2.30% on the month. In the Eurozone inflation was positive for the first time in five months. UK’s GDP for the first quarter remained unchanged, but business investment fell. Today’s Economic events UK Gfk consumer confidence -1 vs. -2 Japan industrial production preliminary m/m -2.30%...

2016-06-30 John Benjamin Read more
FX_Charts

The Pound Sterling was the weakest currency last week losing 4.79% against the US dollar. The declines in GBPUSD came as the UK shocked the world by voting to leave the EU membership which sent ripples across the financial markets. GBPUSD fell to multi-decade lows on the news but managed to recover following the initial reaction. The shocking ou...

2016-06-27 John Benjamin Read more