The Italian election is due to be held this coming Sunday, 4th of March 2018 and Italians are preparing to choose a new Parliament and Prime Minister. Italy is not well-known for its political stability given the fact that it has had more than 60 governments and numerous prime ministers since World War II. This […]
There’s plenty of speculation regarding the Bank Of Canada’s two day meeting taking place next week, the overwhelming expectation is for a rise from 1% to 1.25%. However, many analysts will offer up several reasons why the central bank may hold back. Most notably the Canadian dollar has already risen sharply versus its major trading
The first full trading week of 2018 witnesses a return to traditional economic calendar events effecting our: FX, equity and commodity markets. It’s a busy week for Chinese, USA and European data, including several inflation figures, most notably for China and the USA. The latest production figures for the U.K. will be analysed carefully, for
On Friday January 5th at 13:30 GMT, the first Non Farm Payroll data of the year will be published. The forecast, from the economists polled by the Reuters news agency, predicts a rise of 188k for December, a fall from the 228k jobs created in November 2017, which beat the expectation of 200k. The December
Our economic calendar begins to take on a more recognisable shape this coming week as our: FX, equity and commodity markets finally burst back into life, after the Xmas and new year holidays. Whilst there’s a concentration of global PMI readings published by: Markit, Caixan and the USA equivalent the ISM throughout the week, the
It’s a relatively quiet week for economic calendar news, due to the Xmas holiday period, however, Asian economic news (particularly from Japan), comes thick and fast and will include the latest CPI figure, which has remained extremely low at 0.2% annually, despite the various stimulus measures put in place as part of prime minster Abe’s
On Friday December 8th at 13:30pm GMT, the BLS department of the U.S. government will publish its latest NFP (non farm payroll) data reading and its last for 2017. Combined with this NFP data another crucial economic calendar metric, the latest unemployment data, will also be delivered, currently at 4.1% the forecast is for the
Will the final NFP reading of 2017 finish with a bang, or a whimper? Read More »
It’s that time of month again; when the NFP number is published on the first Friday of the new month. For novice traders they may wonder what all the fuss is about, however, traders who were involved in the markets during the Great Recession, when NFP numbers could show a loss of over 700k jobs
At 8:30am, on Friday September 29th, the UK’s official statistics body the ONS, will release the country’s latest (final) Q2 GDP figure. The expectation is for no change; both the QoQ figure is forecast to remain at 0.3% for Q2 and the annualised figure is expected to remain at 1.7%. Investors will be monitoring the
U.K. GDP and Eurozone CPI will come under close scrutiny on Friday 29th Read More »
A Pyrrhic victory is a victory that inflicts such a devastating toll on the victor, it’s tantamount to suffering an actual defeat. Someone who obtains a Pyrrhic victory has been victorious, although the heavy toll negates any true sense of achievement, or profit. Whilst not (by definition) a Pyrrhic victory, Angela Merkel, the current and
