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Jun 6, 18 •
1529 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on US job openings rise to record high in April; Eurozone business activity slows down again in May; UK services PMI recovering from Marchs’ recent low
Majority of the investors had their eyes on the US ISM non-manufacturing PMI, which did not disappoint and the results came out better that expected with the non-manufacturing purchasing index rising to 58.6 in May, from 56.8 in the previous month. In other...
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Jun 5, 18 •
1753 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Euro zone morale at its lowest level since October 2016; Brexit influencing the UK’s construction industry
On Monday, we have witnessed again a detrition of the investor morale caused by the Italian anti-establishment government taking over, as well as the trade war with the US. The Euro zone Sentix investor confidence was expected to come at 18.6 reading, whereas...
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Jun 4, 18 •
1533 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Euro zone factory growth continuously slowing down; unexpected acceleration in the UK manufacturing sector; US NFP readings better than expected
On Friday we have seen various macroeconomic news releases, where the UK manufacturing PMI and the US NFP brought surprisingly better than expected readings. Starting with the news from the Eurozone, the factory growth evidently slowed down to a 15 month low...
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May 30, 18 •
1575 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Political uncertainty in Italy causes investors’ concerns
As Italy heads towards another election with all the chances that the anti-establishment parties will gain more strength, the country’s future role in the euro region is threatened. According to Bloomberg, the country went into political mayhem on Saturday...
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May 29, 18 •
2118 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Sparks seen at WTO between US and China
Yesterday at the World Trade Organizations, arguments between the US and China representatives emerged. The dispute was caused mainly due to the claims of the US President Trump that China is stealing US ideas. As soon as there was a hope that the US and...
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May 25, 18 •
1709 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on ECB in no hurry to change its monetary policy; US unemployment claims rise unexpectedly
Yesterday, the investors were closely monitoring the ECB Monetary Policy meeting for any signs of future change that may affect the markets. However, according to the April meeting, the banks are not rushing towards any change in their monetary stance as it...
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May 24, 18 •
1681 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Euro zone growth slowing down according to the recent PMI reports
Yesterday was not a good day for the EU economy, with the PMI reports from various euro-area countries came negative. The composite Purchasing Manager’s Index dropped to an eighteen month low in May. According to the HIS Markit report, the hiring and...
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May 23, 18 •
1683 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Trade war issue still a hot topic for Russia, Japan and Europe
Just as it was reported that the US an China have placed the trade war ‘on hold’, comes the news from Russia and Japan, where both countries have warned that they could strike back on the US tariffs on steel and aluminium, and impose sanctions with the...
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May 22, 18 •
1612 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on U.S – China trade war placed ‘on hold’
Yesterday, according to Reuters, China acclaimed a significant relief from the trade tension with the US over the past few months, where the government of China stating that the agreement is in the interest of both parties. Both China and the US have agreed...
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May 21, 18 •
1582 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Canadian retail sales higher in March, while overall inflation slowed down in April; President Trump imposes veto on all appointments of judges in WTO appeals chamber
On Friday, Canadian retail sales posted the highest gain in 5 months on auto sales. The numbers were up 0.6% during the month and according to Bloomberg, the sales in the auto sector jumped 3%, while the economists were expecting a 0.3% gain. However,...