Italian elections and US revised GDP

The week ahead will be marked with investors turning their attention to the Italian elections and US revised GDP. Although the risks are limited as far as the euro currency is concerned, any surprise results could indeed bring volatility to the markets. On the economic front, data this week will focus on the revised GDP estimates from the U.S. W...

2018-03-23 John Benjamin Read more
Euro_ECB_Draghi

Eurozone Business Conditions Improving 2017 has seen a sharp improvement in business conditions for Eurozone manufacturers. Output growth remained firm at December’s 32-month record high, supported by the biggest increase in new business and job growth since the first half of 2011. However, price pressure continued to strengthen with the rate o...

2017-02-02 James Harte Read more
manufacturing PMI

USD Index Review Yesterday, despite the fact that the US economic releases came in with mixed outcomes, but mostly negative, the US Dollar was gaining momentum, trading near the session high around 100.40. However, Donald Trump decided to pressure the US Dollar again, saying “other countries take advantage by devaluation. So much for the strong...

2017-02-01 Nour Eldeen Al-Hammoury Read more
Italian Referendum

Frosinone, Italy - November 8, 2016 - The election campaign of Matteo Renzi for the constitutional referendum This week, OPEC's bi-annual meeting in Vienna will take the center-stage for the markets as traders await the decision from the OPEC meeting on potential production cuts. In economic news, the week will mark the transition into December...

2016-11-28 John Benjamin Read more
US Economic Data

The last trading week of the third quarter closed with risk aversion led by weakness in the banking sector. Wells Fargo and Deutsche Bank remained in the forefront, erasing gains from the surprise decision by OPEC to limit production levels. Looking ahead, the economic data this week that stands out will be the ISM surveys and the September jobs...

2016-10-03 John Benjamin Read more
manufacturing PMI

Market Summary China official manufacturing PMI slips into contraction, Caixin manufacturing PMI beats estimates China’s non-manufacturing PMI rises for the third consecutive month Eurozone manufacturing PMI falls to 52.0 in July, better than UK manufacturing PMI UK manufacturing PMI falls to 48.2 in July Markit manufacturing ...

2016-08-01 John Benjamin Read more