Retail sales

Economic data for the week ahead will slightly take a back seat with only a few central bank meetings lined up. The Swiss National Bank will be holding its quarterly monetary policy meeting this week. The 3-month LIBOR rate is expected to…
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After the US Jobs Report outcomes, which came in much better than expected, estimates were rising that the Federal Reserve will still be able to raise the Fed Fund Rate in September and probably in December. Such outcomes and the notable…
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The US Dollar Index tumbled last week, closing below 94.0 for the first time since August of the last year, which deepened the current bearish outlook. The main reason behind last week’s sharp decline came on the back of the news from the…
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For the past few years, if you were following the business news bulletins anywhere in the world, you should have noticed that many were warning of the situation in China. The headline is almost the same everywhere “China’s slowing down”.…
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After weeks and months of denying that the economic slowing down is transitory, we get more and more signs that the US economy is indeed slowing down, which in return would hold off the Fed from raising rates this year. Today, almost the…
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In the next few hours, we are expecting US economic figures to be released. This data is set to have a notable but limited impact on the markets, ahead of the Federal Reserve decision later tonight. During the US session ahead, we will be…
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In the coming few hours, traders will be watching further economic releases from the UK, which likely to have a notable impact on the markets. Retail Sales will be released today at around 09:30 GMT+. The estimates are encouraging,…
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The US Dollar advanced across the board yesterday, rising above 101.0 for the first time in two weeks. This is due to the Federal Reserve Chair Yellen testimony yesterday. Surprisingly, Janet Yellen kept the door open for a possible rate…
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After the ECB decision and the US economic releases during yesterday’s trading, which had a notable impact on the markets. Another set of economic figures were released from China, which also led to another wave of volatility until this…
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A few days ago, Mr. President-Elect Donald Trump made his first press conference since he got elected. What’s funny here is that he moved the market even though he did not go through economic discussions. The Federal Reserve itself haven’t…
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