TAG forex

The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of volume of trading, it is by far the largest market in the world

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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 […]

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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 […]

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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 […]

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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 […]

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