Eurozone

Although Switzerland is most known for its financial sector, exports are a major component of the economy. In 2016 the country's exports amounted to $279 billion, or just under 42% of the economy. Not bad for a landlocked country composed… Read More

Germany, the Eurozone's largest economy cut its economic growth forecasts on the back of a shortage of skilled workers and uncertainty from global trade tensions. The slash in growth forecasts signaled the increasing vulnerability to the… Read More

Investors got a brief glimpse of how markets could react to positive remarks from the European Central Bank. The 10-year bond yields rose to the highest level since mid-June on Monday. The spike in the bond yields came after the ECB… Read More

Business activity in the private sector was seen picking up steam last month, official data showed and the pace of solid growth continued. However, the global trade war uncertainty was seen keeping optimism in check and further indicating… Read More

Daily Forex Market Preview, 03/09/2018 The U.S. dollar was seen gaining ground on Friday as the markets closed the month of August. Economic data on the day showed that the flash inflation estimates for the Eurozone rose at a slower pace… Read More

The European Central bank released the meeting minutes from the July 26 monetary policy meeting. Central bank officials noted that protectionism and the uncertainty from the global trade war remained the biggest risks for the Eurozone… Read More

Daily Forex Market Preview, 24/08/2018 The U.S. dollar was seen recovering from the losses on Thursday. The reversal came following the release of the FOMC meeting minutes. Economic data on the day showed that the ECB officials were… Read More

Summary: GDP rises 0.5 % on the previous quarter (price, seasonally and calendar-adjusted) GDP rises 2.3 % on the same quarter a year earlier (price-adjusted) GDP rises 2.0 % on the same quarter a year earlier (price-and… Read More

Daily Forex Market Preview, 15/08/2018 The U.S. dollar maintained its dominance on Tuesday. Economic data showed China's industrial production rising 6.0% on the year. The data missed estimates of a 6.3% increase. Retail sales in China… Read More

Daily Forex Market Preview, 14/08/2018 The U.S. dollar index was seen trading flat on Monday with the technical pattern confirming a doji close. A bearish follow through from here on could signal a near-term correction. Economic data for… Read More