Yesterday Draghi speech Drag to fall the Euro,but today speech most hope for Euro to raise Thank you draghi for the trap. When everybody sell euro yesterday, now you make euro flying high. Thank god, i don't believe what draghi's word yesterday. www.ecb.europa.eu
Oil traded flat on Friday, hovering near a 10-month low in U.S. prices hit earlier this week, and remained on course for its biggest first-half decline in almost two decades as production cuts have failed to reduce oversupply. Oil prices have fallen about 20 percent this year despite an effort led by the Organization of the Petroleum Exporting Countries to cut...
It was also a tough day for the Canadian and Australian dollars. The loonie was trading well at the start of the NY session but turned sharply lower after the weekly oil inventory report. According to the U.S. Energy Information Association, crude supplies fell for the second week in a row by 2.5 million barrels. While a number of analysts anticipated a decline,...
The economic us still solid,the data housing still healthy look the official the fed you don't doubt about that, recession still far and the fed can rate hike if economic still healthy no wait until inflation up
CB did not seem overly concerned about a strong NZD. Instead they felt lower currency will help rebalance growth. A lower New Zealand dollar would help rebalance the growth outlook towards the tradables sector. Longer-term inflation expectations remain well-anchored at around 2 percent. This is a short term move, NZD is going DOWN technically, fundamentals...
All this matters less for sterling than Brexit negotiations, leaving GBPUSD increasingly range bound until we get a clearer steer on what sort of trading arrangement Britain and the EU is to strike. That could be a long time coming." Cable fell through the $1.27 handle to touch on $1.267 with investors seeing the tone as indicative of the Bank’s desire to leave...
Minutes of the Monetary Policy Meeting of the Reserve Bank Board Members noted that, although employment growth had been stronger in recent months, growth in total hours worked had declined. Nevertheless, the various forward-looking indicators pointed to continued growth in employment over the period ahead and a gradual erosion of the spare capacity in the labour...
US 10 year yields reverse losses on Dudley Comments Fed's Dudley: Wages and inflation should pickup, pleased with economy
now is best time to short eu Federal Reserve officials forged ahead with an interest-rate increase and additional plans to tighten monetary policy despite growing concerns over weak inflation. Policy makers agreed to raise their benchmark lending rate for the third time in six months, maintained their outlook for one more hike in 2017 and set out some details for...
Drop in U.S. Retail Sales Signals Uneven Consumer Spending www.bloomberg.com US CPI May 2017 Decrease... ! www.bls.gov
BoC's Wilkins hints at first rate hike in 7 years
www.cnbc.com BREAKING: British Pound sharply plunges vs USD after exit poll says Conservatives to hold 314 seats, down from 330
what the market was focusing on was the ECB's inflation expectations, and it was here that the ECB confirmed that the central bank with the world's biggest balance sheet has once again failed to stimulate inflation, slashing its forecast for 2017-2019 inflation across the board, blaming it on commodity prices. The new forecast is as follows: 2017: from 1.7% to...
ECB DRAFT FORECASTS SAID TO CUT INFLATION OUTLOOK THROUGH 2019; ECB SAID TO RAISE GDP OUTLOOK BY AROUND 0.1 POINT THROUGH 2019: BBG @zero hedge
Balance of Payments and International Investment Position, Australia, Mar 2017 www.abs.gov.au Can't wait to see the crap GDP figures tomorrow. likely to disappoint long AUD Bulls.