Japan_Tankan_Survey_0507

The manufacturing activity, based on the survey of manufacturers surged during the second quarter, data from the Bank of Japan's quarterly Tankan survey showed. What is the BoJ Tankan survey? The data showed that confidence in the manufacturing sector rose to the highest level in more than three years. The positive data added to the optimisti...

2017-07-26 John Benjamin Read more
The Forex

The markets look to the final trading week of the year although it is unlikely to expect to see much volatility as traders take a break for the holiday season. For the most markets, Monday was a holiday making this week a short trading week. Economic data across the board is also very sparse, made up mostly of second tier data that is unlikely t...

2016-12-26 John Benjamin Read more
Brexit

Image © European Union 2016 - European Parliament After last week's market turmoil, the financial markets opened Monday, which saw a follow through in risk aversion. The British pound extended its declines off Friday's lows, to open lower at 1.3427 as selling intensified as the day progressed. UK's Chancellor of the Exchequer, George Osborne, ...

2016-07-01 John Benjamin Read more
UK_Pounds

The US dollar continued to surge higher sending gold prices falling to a 7-week low after prices previously touched a yearly high above the $1300 an ounce handle. Oil prices were also trading higher, briefly testing the psychological $50 handle before giving back the gains. Oil prices gained as the weekly inventory data showed a more than expect...

2016-05-27 John Benjamin Read more