The attention of the whole world will shift to the US next week as the country elects its 45th President. The markets remain in a jittery mode with the outcome of the polls likely to swing in either direction in a short trading week. US and Canadian markets are closed on Friday. Many still project that the Democratic candidate, Hillary Clinton w...
The FX markets got off to a jumpy start on Monday as the markets opened to the second US presidential debate. It was another victory for Democratic presidential candidate, Hillary Clinton as her opponent Trump was hit by fresh scandals. Although the Clinton camp had to defend itself against the Wikileaks release showing Clinton favoring trade an...
The currency markets will be looking to a slow start next week with Japan, US and Canada closed for business on Monday. However, the action kicked off early with the second US Presidential debate late Sunday (Eastern Standard Time). On the economic front, the FOMC meeting minutes and Fed Chair Janet Yellen’s speech on Friday will be the most ant...
The currency markets opened on Monday on a quiet note with most of the trading confined to the Asian and European sessions. The US and Canadian markets were closed on Monday. Economic data during the day was confined to the services PMI across various economies. In the Eurozone, the composite PMI fell to a 19-month low at 52.9 and falling below ...
Market Summary China CPI eases in July, PPI continues to fall, but at a slower pace Yen stays muted to BoJ officials' comments on monetary policy assessment Germany exports rise in June, recovering from May’s slump German imports rise for the first time in four months UK industrial output rises surprisingly in June UK manuf...
The US dollar managed to recover last week with most of the gains being attributed to last Friday's payrolls report which managed to revive the dollar bulls. Still, the Japanese yen was the strongest currency last week, gaining 0.52% against the US dollar and emerging as the strongest currency overall. This was followed by the Australian dollar ...
Market headlines China inflation slows to a 5-month low, rising 1.90% in June In Japan, Abe wins the parliamentary upper house elections Expectations for economic stimulus builds. Nikkei225 jumps over 3% Bank of England is the central bank to watch for in Europe as expectations of rate cut builds Today’s Economic events ...
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