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
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 […]
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 […]
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 […]
EUR/USD – Euro gains ground as China and US to hold trade talks
EUR/USD has posted small losses in the Thursday session. Currently, the pair is trading at 1.1372, up 0.24% on the day. On the release front, the German Wholesale Price Index dropped to 0.0%, short of the estimate of 0.5%. The eurozone trade surplus narrowed to EUR 16.7 billion, missing the estimate of EUR 17.0 billion. In […]
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 […]
Five Ways To Hedge Against The Market Risks
In 2008, Warren Buffet had one of his worst year’s in the market. His portfolio declined by more than 30%. In the same year, James Simmons – who runs Renaissance Technologies – had his best year, gaining by…
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Key Crude Oil Related Events to Pay Close Attention to
The commodities market has been going through a major problem this year with most of them seeing major declines. The crude oil and wheat market have been an exception as the WTI crude and Brent have gained by…
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Cryptocurrency Daily Roundup – Aug. 14
Cryptocurrencies are a sea of red Tuesday morning, as they extend their losses after Bitcoin fell below $6,000 late Monday. The top cryptocurrency recovered since then and is trading above $6,000 as of 10.20 am ET. Market capitalization also shrunk sha…
Poland GDP Growth Eases As Expected In Q2
Poland’s economic growth slowed slightly in the second quarter, in line with expectations, preliminary figures from the Central Statistical Office of Poland showed Tuesday.
Bulgaria Q2 Economic Growth Eases
Bulgaria’s economic growth slowed in the three months ended June, preliminary figures from the National Statistical Institute showed Tuesday.