ECB meeting minutes paint a dovish picture

The European Central Bank released its monetary policy meeting minutes last week for the meeting that was held earlier in March this year. Policymakers expressed concerns on the risks of a full fledged trade war against the United States and also showed concern on the rising exchange rate. The ECB's meeting minutes covered the monetary policy...

2018-04-19 John Benjamin Read more
BoE

The US dollar started the week on a strong note, keeping the gains from last Friday. Investors were spooked as the reality of the Fed's decision edged closer surrounding the uncertainty of the central bank's next policy move. Economic data on Monday was very limited leaving most of the markets unchanged. In Asia, data from Japan saw producer pri...

2016-09-16 John Benjamin Read more
The British Sterling_Uk

Market Summary New Zealand GDP rises 0.90% in Q2, less than forecast New Zealand Q1 GDP revised higher to 0.90% Australia unemployment rate falls to 5.60% Swiss National Bank leaves LIBOR rate unchanged at -0.75% UK retail sales fall 0.20% on the month in August; July revised higher Eurozone headline CPI confirmed at 0.20%;...

2016-09-16 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_EU Inflation

On Wednesday, the USD/JPY pair fell to a two-week low hitting 111.31. The reason for the drop was the poor data release in the US service sector and less-than-expected new home sales. Across the markets, the greenback was going down due to latest PMI (Purchasing managers' Index) in service - for the month of February, coming in under the forecas...

2016-02-26 Adrian Filip Read more
Gold_market_Orbex

On Monday we found out that the Eurozone’s CPI (Consumer Price Index) ticked higher in October, surprising markets for the better. Eurostat’s release puts the 19-nations block’s inflation at 0.1% for the month that has just passed, up from September’s -0.1%. In comparison, 2014’s October had a 0.4% inflation. Mom (month-on-month) the CPI went up...

2015-11-18 Kira Vessiari Read more
volatile

The currency markets practically went nowhere this week in a clear indication in the run up to the high impact news releases this week. However, today marks one of the busiest days for the currency markets in the week with some major news releases lined up from across the globe. No doubt, volatility is likely to creep into the markets today. Her...

2015-06-18 John Benjamin Read more