Market Commentaries

On Friday March 8th, at 13:30pm U.K. time, one of the main American statistics agency, the BLS (Bureau Of Labor Statistics), will publish its latest data concerning jobs numbers. Referred to as the NFP data, non farm payroll numbers, this metric is one of the most closely watched data series on the economic calendar, pertaining […]

Australia’s trade surplus surged to $4.55 billion in January 2019, from an upwardly revised $3.77 billion registered in the previous month of December 2018. Beating the market forecast of a surplus of $3 billion, whilst printing the largest trade surplus in Australian history. Exports leapt by 5% MOM, to print a record all-time high of

At 12:45pm U.K. time, on Thursday March 7th, the Eurozone central bank, the ECB, will announce its latest interest rate decision. The widely held consensus is for the current key rate to be maintained at 0.00%, where it’s remained since July 2016, with the deposit rate held at -0.40%. After holding the rate steady in

The latest GDP growth figures for the Australian economy, missed the news agency forecasts, causing a sudden sell off in the Aussie dollar versus its peers, during the Sydney and Asian trading sessions. Reuters had forecast a 0.5% rise for Q4 2018, the figure came in at 0.2%, whilst annually the year on year growth

At 15:00pm U.K. time on Wednesday March 6th, Canada’s central bank, the BOC, will announce its decision regarding its latest interest rate decision. The current interest rate for the globe’s eleventh largest economy is 1.75%, a level which has been maintained since the BOC wrong footed analysts and FX traders in October 2018, as they

During the Asian session, the Chinese authorities at the annual Chinese National People’s Congress, announced a fall in the projected rate of annual GDP growth, from 6.5% to 6.0%, the lowest growth rate projected since 1990. The Chinese government announced a massive fiscal stimulus to counter the pressures, including: lowering corporate tax rates, reducing VAT

On March 5th, at 3:30am U.K. time, the central bank of Australia, the RBA, will announce their decision regarding the country’s key interest rate, referred to as the “cash rate target”. The forecast, after the Reuters news agency has polled its panel of economists, is for the rate to remain unchanged at 1.5%. This record