government shutdown

USD bulls were left with little to get excited about from the latest data this week. The US ISM Non-Manufacturing index for January came in below expectations at 56.7 versus 57 expected. This latest reading shows that the services sector… Read More

There is no doubt that Trump’s speechwriters have an interesting job. When they aren’t busy helping the controversial president conjure up the sort of headline-grabbing rhetoric he has become famous for, Trump’s writers are also occupied… Read More

According to the economic schedule, we are supposed to get the release of key housing data tomorrow, including housing starts, building permits and existing home sales. However, we will only be getting the last of those, because of the… Read More

The big event on the American economic calendar today was supposed to be the release of retail sales data by the Census Bureau at 08:30 EST (14:30 CET). However, due to the shutdown, the data won't be released and has been rescheduled until… Read More

Trump Looking For $5.7 Billion The US government shutdown has now rolled through its eighteenth day making this current gridlock tied in second place for the longest ever shutdown. The shutdown began due to the failure between President… Read More

Despite the US government shutdown, we are still expecting the release of the US Non-Farm Payroll data at 8:30 EST (14:30 CET), along with its accompanying myriad of important employment data. Is the downturn in the stock market just an… Read More

Deadlock Dissolves Following a tense three days of deadlocked negotiations, the market was relieved today to hear that President Trump has now signed a spending bill, agreed upon by both the democrats and republicans. Bringing to an end… Read More