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The Federal Reserve Bank of New York released its Nowcast forecast today. The Atlanta Fed GDPNow forecast was updated on July 14 and again on July 19.The GDPNow forecast is up from July 14, but way...
The US dollar lost ground against all the major currencies, save sterling, over the past week, and also fell against most emerging market currencies. There is little from a technical or fundamental...
DOW – 31 = 21,580SPX – 0.91 = 2472NASDAQ – 2 = 6387RUT – 6 = 143510-Y – .03 2.23%OIL – 1.25 = 45.67GOLD + 10.50 = 1255.50BITCOIN + 1.33% = 2703.19 USDETHEREUM +...
U.S. stocks finished the regular trading session well off the lows, but still in negative fashion amid a blank economic calendar, mixed earnings releases and lingering political and monetary policy...
(from my colleague Dr. Win Thin) South Korea proposed resuming military and humanitarian exchanges with North Korea. The European Union may sanction Poland over its controversial judicial...
The Federal Reserve meets this week for a scheduled policy meeting but with no change in rates expected, the focus will likely fall on the balance sheet reduction plan. Data-wise, second quarter GDP...
Euro hits two-year highAs investors mulled over the European Central Bank’s meeting the euro shot up to new heights. The single currency reached a high of $1.167 against the US dollar, adding...
Most investor’s favourite cryptocurrency, Bitcoin, has almost tripled in value over the last 12 months.However, recently the digital currency has hit a bump in the road, losing almost 60% since...
Friday July 21: Five things the markets are talking aboutThe EUR has surged to a new two-year high outright earlier this morning (€1.1679) while most major stock exchanges consolidated as the...
ECB President Draghi did not argue forcefully enough at yesterday's press conference to dampen the enthusiasm for the euro. The initial dip was quickly bought and the euro chased above last year's...
The US dollar softened against the majority of G10 currencies on FBI’s decision to expand the Trump investigation to his business ties. The US stocks were flat on Thursday, the S&P 500...
Euro claims two-year high after bullish ECB meetingThose who bought the euro at the beginning of the week will be feeling smug this morning – the single currency struck another year-to-date high...
FTSE flat at 7487DAX -7 points at 12440 CAC -7 points at 5192 Euro Stoxx -7 points at 3492 The euro resumed its rally even though the European Central Bank (ECB) President Mario Draghi said that...
Euro surged broadly overnight as markets took ECB President Mario Draghi's comments positively. EUR/USD is now in an important medium term resistance zone of 1.1615/1713 and is maintaining solid...
Market Movers Today The ECB's Survey of Professional forecasters is due for release today where focus will be on the longer-term inflation expectations. The survey-based inflation expectations have...