TifiaFX / Blog
After the National Bureau of Statistics of Great Britain presented disappointing data on the foreign trade balance of Great Britain, and also on the level of industrial production for May, the pound declined in the foreign exchange market...
After the unstable and insignificant growth last month, US stock indices seem to change their direction of movement and unfold "to the south...
This week, investors will closely monitor the publication of a number of important macroeconomic data...
According to data provided by Markit today, the index of supply managers (PMI) for the UK construction sector fell in June (54.8 against 56.0 in May and 55 according to the forecast). Nevertheless, the pound reacted rather sluggishly to this data...
Tomorrow at 04:30 (GMT), the RB of Australia publishes an interest rate decision. It is widely expected that the rate will remain at the same level of 1.5...
Oil prices continue to recover. The rise of the last days has become the longest since April. The price of Brent crude is growing for the seventh consecutive session. Prices received additional support from data on the reduction of oil production in the US last week by 100,000 barrels per day...
American stock indexes retain a positive trend against the backdrop of sales of government bonds. The yield of 10-year US government bonds, according to Tradeweb, rose on Wednesday to 2.223% from 2.198% on Tuesday. Investors remain confident that US economic growth is strong enough...
Statements made by ECB President Mario Draghi on Tuesday at a conference in Portugal provoked a sharp rise in the euro and a fall in European stock indices. Mario Draghi said that "all the signs now point to the strengthening and expansion of the basis for the recovery of the Eurozone economy...
With the opening of today's trading day, and especially at the beginning of the European session, the dollar is falling in the foreign exchange market. Published yesterday, data from the US Department of Commerce showed a reduction in orders for durable goods in May by 1...
Today, global stock indexes are growing. The stabilization of oil prices renders support to the stock market. In recent days, there has been a sharp drop in energy prices. The price of WTI oil last week fell by more than 20% from the February high...