German exports posts the biggest decline

Exports from Germany fell sharply in February marking the biggest monthly decline since 2015 as the trade surplus narrowed. Official data released on Monday showed that growth in Europe's largest economy might have slowed towards the end of the first quarter. On a seasonally adjusted basis, German exports fell 3.2% on a month over month basis...

2018-04-19 John Benjamin Read more
China_USDCNH_0805

Earlier this morning and during the first trading session of this week, some economic figures were released from China, which had a significant impact on the markets, along with the impact of the French election outcomes. The Chinese figures today can be considered positive. However, the Chinese equities closed lower, losing nearly 1%. Trade...

2017-07-26 Nour Eldeen Al-Hammoury Read more
forex weekly forecast_China_economic

A new week with lack of fundamentals from Europe and the US. Yet, the market volatility increased ahead of the President Elect Donald Trump press conference later this week. However, the US Dollar lost some of its Friday’s gains, which seems to be a short term play ahead of the press conference. In Asia today, some economic figures were released...

2017-01-10 Nour Eldeen Al-Hammoury Read more
NFP results_0512

On Friday, all eyes were on the US again as the last jobs report was released for this year. However, the outcomes came in with mixed signals but could be enough for the Federal Reserve to go ahead and hike the Fed Fund Rate in December's meeting. Yet, there is still some confusion regarding the labour market in the US, which we will address in ...

2016-12-05 Nour Eldeen Al-Hammoury Read more
Chinese Yuan_0112

During the Asian session today, there were a collection of economic releases from China, which had a notable impact on the markets. This is aside from the impact of the historical decision by OPEC and Non-OPEC members to cut the oil production for the first time since 2007, leading to a sharp rally in Crude Oil prices by more than 8% in few hour...

2016-12-01 Nour Eldeen Al-Hammoury Read more
China's economy Great Hall

The Chinese Trade Balance was released during the early morning hours today, showing some mixed data. However, the impact has been muted as it’s the election day in the US; therefore, today’s economic releases are more likely to be overshadowed by the election developments. Definitions Trade Balance: This figure calculates the difference...

2016-11-08 Nour Eldeen Al-Hammoury Read more
Services PMI's_2102

What is Manufacturing PMI? It is called the Purchasing Managers Index, which is considered a leading indicator of the economic health of the manufacturing sector. It measures the level of a diffusion index based on purchasing managers in the manufacturing industry. How is it Calculated? It is calculated by a survey distributed to about 400 ...

2016-10-03 Nour Eldeen Al-Hammoury Read more