Aussie traders should be delighted considering the recent downtick in September unemployment rate that allows the currency to rebound from weekly lows, although the consequences of the trade dispute and the continued slowdown in real estate construction should keep the gauge at current level by y...
The year-on-year change in bottom-up consensus earnings per share (EPS) estimates currently stands at -4.1% for the quarter...
GBP optimism appears to turn as traders finally consider that a Brexit “technical extension” is the most likely scenario to be favored by negotiating participants as details of the arrangement would require two additional months...
Asian stock markets are celebrating the latest headlines that the first phase of a potential trade deal agreement is planned to be signed by mid-November 2019. Yet the trend does not support EU equities as the US is expected to announce tariffs of $7...
US September core CPI was lower than expected at 0.1% vs. 0.2% expected. This unexpected read challenges the view that core inflations are rising. This increases our confidence that the 30th October rate cut will move forward...
Sources close to the British PM Boris Johnson have accused German chancellor Angela Merkel of making a Brexit deal "essentially impossible", which prompted an angry reply from the EU Council President Donald Tusk who said that now was not the time to engage in "stupid blame games...
Considering the developing risks, markets are handling the news flow relatively well. Asia equity markets were mixed and European stocks are higher. UK-EU negotiation has devolved into a deadlock (agreements seem unlikely by 31st Oct...
Recent developments have put market participants in a difficult situation, wavering whether the US-China trade war as well as current geopolitical headlines or the publication of Fed minutes in a context of weakening economic activity should prevail...
Our base case is for only modest progress, and given the recent deterioration in economic data, we retain a tactical underweight position in equities while awaiting the result, preferring carry strategies...
The lull of the Turkish lira over the last four months following the G20 summit is likely to break as the country is in the spotlight...
The latest updates on the front of the US – China trade dispute have again given safe haven JPY a boost as China appears willing to narrow down the scope of upcoming trade talks taking place on Thursday and Friday 10 – 11 October 2019 in Washington...
Economic data in Germany continues to deteriorate. Factory orders in Germany declined by -0.6% m/m in August, below the expectations for a -0.3%. The annual rate was nothing had much better rate falling to -6.7% from revised lower by -5.0% in July...
As with most emerging countries seeking to boost economic growth, the members of the Board of Directors of the Reserve Bank of India unanimously voted in favor of a further rate cut. The RBI's repo rate is now at 5.15% (-1.35% year-to-date), a decrease of 0...
After a more than disappointing reading in ISM manufacturing last Tuesday (47.8 versus 50 median forecast and 49.1 in August), the non-manufacturing gauge received more attention than ever yesterday as market participants struggle to whether the US economy is heading towards a recession...
The foreign exchange markets may be thrilling and profitable for buying and selling should you completely perceive how you can purchase and promote currencies. For those who're drawn to this space, you would possibly even wish to make it your profession...
Global stocks fell on Wednesday as investors reacted to further signs of an economic slowdown. The immediate catalyst for the decline was the release of weaker US jobs data. September private payrolls rose at the slowest pace in three months and August job growth was revised lower...
Things seem to converge in favor of the Swiss National Bank when it comes to FX valuation. One might wonder why the safe-haven CHF depreciated in the past few days when demand for JPY only increased due to a broad risk-off sentiment...
The September 14 aerial attacks on Saudi oil facilities Abqaiq and Khurais triggered a spike in oil prices, with Brent crude jumping to around USD 69 per barrel...
