TAG EUR

No Image

U.S Philly Fed Manufacturing Index

August 2018 Manufacturing Business Outlook Survey Growth in regional manufacturing activity slowed in August, according to results from this month’s Manufacturing Business Outlook Survey. All the broad indicators remained positive but fell from their readings in July. The survey’s respondents continued to indicate price increases for purchased inputs and their own manufactured products, but these […]

READ MORE 

No Image

Canada: Monthly Survey of Manufacturing, June 2018

Manufacturing sales rose 1.1% to $58.1 billion in June, following a 1.5% increase in May. The increase in June was mainly due to sharply higher sales in the petroleum and coal product industry, while sales were down in the chemicals and food manufacturing industries. In constant dollars, manufacturing sales were up 0.7%, indicating a higher […]

READ MORE 

No Image

DAX steady as US-China talks cheers investors

After recording sharp losses on Wednesday, the DAX index has reversed directions in the Thursday session. In the North American session, the pair is trading at 12,200 up 0.13% on the day.  On the release front, there was disappointing news on the inflation front. German Wholesale Price Index dropped to 0.0%, short of the estimate of 0.5%. The […]

READ MORE 

No Image

Turkish Lira erases its economic attack losses

Thursday August 16: Five things the markets are talking about This week, the mighty U.S dollar has gained traction from safe-haven investment flows on the back of trade disputes between the U.S and China. Nonetheless, investor risk sentiment has received a boost overnight on two-fronts – reports that China has accepted a U.S invitation to […]

READ MORE 

Phew! Turkey bashing takes a break for now

Tuesday August 14: Five things the markets are talking about Tuesday sees a tentative reprieve for global equities in the wake of Turkey’s induced turmoil and the forex market has managed to stabilize a tad, aided by reports this morning that the Turkish Finance Ministry has scheduled an investor call for Thursday, Aug 16. The…

READ MORE 

Euro rebounds as markets find relative calm

After the Monday Mayhem from the Turkey contagion, a sense of calm descended on FX markets during today’s Asian session. USD/TRY headed lower from its record high yesterday as the markets digested the impact and effectiveness of the central bank’s measures announced yesterday. Selling of emerging currencies eases The move in USD/TRY prompted other emerging…

READ MORE 

OANDA Market Beat Risk Aversion Boosts Dollar

OANDA Senior Market Analyst Alfonso Esparza reviews the major upcoming market news, macro analysis and economic indicator releases that will impact currencies, stocks other asset classes. Subscription available on iTunes https://goo.gl/TZEWRW and GooglePlay https://goo.gl/cRBk39. Tune in every Tuesday and don’t miss a beat as we cover the hottest trends impacting the markets in the week…

READ MORE