China’s data beats forecast due to fresh stimulus, USA equity markets rise, US dollar falls as euro rises Most European, the Australasian and the Hong Kong markets were closed on Monday, in their absence the DJIA and SPX brushed off the unstable geopolitical issues and roared ahead, despite certain USA economic calendar event ‘soft’ data […]
U.S. Dollar falls as Trump labels the currency “too strong”, cable rises, USA equities slide, crude oil falls, whilst gold rises Economic calendar events deferred to the power of an unnecessary, shooting from the hip, gunslinger style comment, courtesy of the president of the United States Donald Trump, on Wednesday. His opinion; that the dollar
Yen rises to a five month high versus the U.S. dollar, whilst making gains versus most peers, as gold also reaches post USA presidential election highs Global geo-political fear appeared to grip the markets and focus investors’ attention during Tuesday’s trading session, as orthodox economic calendar events were (in many ways) sidelined. Investors appeared to
Sterling bounces back versus U.S. dollar, which inches lower versus peers, U.S. equities flat, whilst European markets sell off In a relatively quiet day for major economic news releases, geopolitical tensions appeared to dominate the talk amongst analysts and investors on broadcast services such as: the F.T., Bloomberg and Reuters on Monday. Tensions relating to
European Markit PMIs miss forecasts, USA equity markets rise tentatively as Trump issues threats, U.S. dollar recovers, whilst euro sells off versus most peers Politics dominated the economic calendar landscape on Thursday, with the key figures of Trump and Draghi taking centre stage. Moving on from the frustrations of not being likely to undertake reforms
USA markets sell off after Fed states equities are “quite high”, gold recovers losses ends day flat, sterling recovers, as services PMI data calms investors’ Brexit fears Wednesday provided plenty of fireworks, in terms on economic calendar events and political issues. Several ‘soft’ USA data publications missed forecasts, whilst later in the New York session
USA equity markets end the day close to flat, oil price spikes, gold and silver maintain recent gains, whilst sterling falls, as UK construction data misses forecast As widely expected and broadcast, via the RBA’s forward guidance, Australia’s central bank kept their interest rate level unchanged at 1.5%. Earlier, the Australian trade balance had come
Yen rises versus major peers, sterling falls due to Brexit fears, dollar slips, as do USA equities, before staging a late recovery The majority of the various Tankan surveys for Japan, published on Monday in the early Asian session, missed forecasts. This may have assisted yen rising versus its major peers, gains that were maintained
PMIs, FOMC minutes, political events and non-farm payroll data to dominate the week’s economic calendar landscape Sunday evening will witness the publication of the various Japanese Tankan surveys, these monthly metrics can have a significant effect on both Japan’s equity indices and the value of yen. Last week Japan published data revealing that, despite the
USA GDP rose to 2.1% in last Q. 2016, reflation trades are back on, sterling rises versus its major peers The USA main equity markets experienced positive gains on Thursday, apparently as a consequence of the suggested divergence in monetary policy between the ECB and the Fed; ECB representatives indicating a dovish stance (keeping interest
