Inflation, retail sales and GDP

Inflation, retail sales and GDP mark the major theme for the week ahead. The UK will be releasing the monthly inflation figures for January followed by retail sales data later in the week. The inflation data will come after the BoE voted to keep rates unchanged. Retail sales figures will be closely watched data as the previous month showed a 1.5...

2018-02-20 John Benjamin Read more
Clinton_debate_1010

The currency markets will be looking to a slow start next week with Japan, US and Canada closed for business on Monday. However, the action kicked off early with the second US Presidential debate late Sunday (Eastern Standard Time). On the economic front, the FOMC meeting minutes and Fed Chair Janet Yellen’s speech on Friday will be the most ant...

2016-10-10 John Benjamin Read more
BoE

The US dollar started the week on a strong note, keeping the gains from last Friday. Investors were spooked as the reality of the Fed's decision edged closer surrounding the uncertainty of the central bank's next policy move. Economic data on Monday was very limited leaving most of the markets unchanged. In Asia, data from Japan saw producer pri...

2016-09-16 John Benjamin Read more
GBP

The Japanese yen was again at the front coming out as the top performing currency last week. Gaining over 1.37% against the US dollar, the yen rallied mostly on the dollar weakness after last week's ISM services report. Following the yen was the Swedish krone which managed to keep its gains after the monetary policy meeting from the Riksbank saw...

2016-09-12 John Benjamin Read more
FED RBNZ_New Zealand Dollar

The US dollar opened on a bullish note this week, maintaining the gains from the NFP release from the last Friday. The economic calendar on Monday saw China's trade balance, rising more than expected in July to $52.32 billion, however, both imports and exports declined during the month. The Bank of Japan released the monetary policy meeting minu...

2016-08-12 John Benjamin Read more
RBNZ Museum

The US dollar managed to recover last week with most of the gains being attributed to last Friday's payrolls report which managed to revive the dollar bulls. Still, the Japanese yen was the strongest currency last week, gaining 0.52% against the US dollar and emerging as the strongest currency overall. This was followed by the Australian dollar ...

2016-08-08 John Benjamin Read more
Recession Japan stock

Japan’s industrial production was revised higher to 0.50%. In the UK, inflation numbers were tame, rising just 0.20% on the month. US retail sales were lower than April but better than forecasts with import prices also steadily rising. Today’s Economic events Australia NAB business confidence 3 vs. 5 previously Australia NAB business co...

2016-06-14 John Benjamin Read more
Euro coin

Japanese officials stepped up their rhetoric to weaken the yen this week after finance minister Taro Aso took a hard stand warning speculators of a one-sided trade. He said that the authorities could intervene in the markets if the yen continued to rise rapidly. The remarks came after the yen soared in early May after the Bank of Japan left mone...

2016-05-13 John Benjamin Read more