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Japan's northerly island Hakkaido hit by earthquake 16 June 2016 no danger of tsunami no immediate report of injuries or major damage no irregularities at Higasihdori or Tomari nuclear plants The latest quake comes two months after the major event that killed 49 people in Japan's most southerly i...
USDCHF: Having the pair rejected higher prices to weaken further on Wednesday, further downside pressure is expected in the days ahead. On the downside, support lies at the 0.9600 level. A turn below here will open the door for more weakness towards the 0.9550 level and then the 0.9500 level...
99.2% Probability Gold Will Reverse From Bullish to Bearish According to the Theory of Runs that I explained in a previous blog (HERE) their is a 99.2% probability that tomorrow Gold will end Bearish with a black falling candle. Here is the Daily chart...
How Fed estimates changed 2016 growth downgraded to 2.0% from 2.2% in the March projection 2017 growth downgraded to 2.0% from 2.1% It's officially a 2% economy (and the Fed has a history of overestimating) Unemployment forecasts for 2016 and 2017 unchanged...
Highlights of the FOMC interest rate decision June 15, 2016 Rates left unchanged in 0.25% to 0.50% range Labor market slowed since April meeting despite economic pickup Expects labor market indicators 'will strengthen' Repeats that economy to warrant only gradual hikes...
No chance of a hike today but the odds rise in the year ahead The Fed doesn't like those numbers so low. My best guess is that the Fed is a bit hawkish to preserve the possibility of a June hike. The non-farm payrolls report looks like an outlier...
Where the Fed stands "Against this backdrop, the Committee decided to maintain the target range for the federal funds rate at 1/4 to 1/2 percent. The stance of monetary policy remains accommodative...
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European stock market close 15 June 2016 FTSE +0.7% Cac +1.0% Dax +0.9% Ibex +1.5...
ECB's Jens Weidmann speaks in Frankfurt We must give agreed stimulus time to show effects Doesn't see any signs that ECB's credibility has been hurt by low inflation Inflation target is appropriate Expansive policy is needed for the foreseeable future...
If there's one thing that's featured heavily over the past few years, it is Fed excuses not to do something Weather, housing, jobs, international markets, dog ate the dot plot, you name it and they've used it...
Deutsche Bank: Mixed Message. We expect the tone of the June FOMC statement to be mixed: Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
NZDUSD broke out an old high at 0.705 last week. Since then, it has been showing weak action seen by the stalling prices and high volume, and today, a low volume rally to the breakout’s price...
An Ipsos Mori poll run in Scotland by STV For crying out loud can no one get these polls right. The figures from Mori are 58% stay 33% leave...
US MBA mortgage market index week ending 10 June 2016 Mortgage index 507.7 vs 520.4 prior Purchase index 237.6 vs 249.9 prior Refi index 104404 vs 2070.8 30yr mortgage rate 3.79% vs 3.83% prior...
FOMC Statement and Economic Projections will take place today at 7.00pm BST, shortly followed by the Press Conference at 7.30pm BST...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, June 15th GBP/USD has recovered slightly after six-day consecutive fall. After visiting nine-week low near area of 1...
Latest Chinese lending data out from the PBOC 15 June 2016 yuan lending yy +14.4% vs +14.2% exp new yuan loans 985.5bln yuan vs 750bln exp fx deposits $658bln vs 666.8bln end-April outstanding total social financing up 12.6% yy end-May...
Details from the May 2016 UK labour market report 15 June 2016 Prior -2.4k. Revised to 6.4k. Apr ILO unemployment rate 5.0% vs 5.1% exp. Prior 5.1% Apr average weekly earnings 2.0% vs 1.7% exp 3m y/y. Prior 2.0% Ex-bonus 2.3% vs 2.1% exp 3m y/y. Prior 2.1%. Revised to 2.2...