July, 2018 | Forex robots store

Kudlow says Friday’s GDP number is going to be ‘big’

White House economic advisor Larry Kudlow predicted that the second-quarter GDP release Friday will live up to the mounting hype. “You’re going to get a very good economic growth number tomorrow. Big,” Kudlow, head of the National Economic Council, told...

AdminJul 26, 2018

Fundamental analysis of Forex market

British Pound Dips Despite Soft US Durables

The British pound has posted losses in the Thursday session, erasing the gains made on Wednesday. In the North American session, the pair is trading at 1.3149, down 0.31% on the day. On the release front, there are no British...

AdminJul 26, 2018

Fundamental analysis of Forex market

What Do Durable Goods Orders Say About GDP Tomorrow?

June durable goods orders increased just 1.0 percent, falling short of a consensus expectation of a 3.0 percent rise. But get under the hood of this report, and the engine of the factory sector is still running fine. Aside from...

AdminJul 26, 2018

Market overviews

Euro Mildly Lower after Balanced Yet Uninspiring Draghi, Dollar Picking Up Strength Slightly

Euro weakens slightly against Dollar after ECB left monetary policy unchanged as widely expected. President Mario Draghi delivered a balanced yet Uninspiring press conference. Fresh buying is seen in Dollar in early US session and the greenback has overtaken Yen...

AdminJul 26, 2018

Finance news

US core capital goods orders and shipments surge in June

New orders for key U.S.-made capital goods increased more than expected in June and shipments surged, pointing to solid growth in business spending on equipment in the second quarter. The Commerce Department said on Thursday that orders for non-defense capital...

AdminJul 26, 2018

Finance news

US jobless claims rebound from a more than 48 1/2-year low

The number of Americans filing for unemployment benefits rose from a more than 48 1/2-year low last week, but continued to point to a tightening labor market. Initial claims for state unemployment benefits increased 9,000 to a seasonally adjusted 217,000...

AdminJul 26, 2018

Finance news

Treasury Secretary Mnuchin says he’s ‘closely monitoring’ the weakening in the Chinese currency

Treasury Secretary Steven Mnuchin told CNBC on Thursday he’s “closely monitoring” the weakening in the Chinese currency. “What I’ve said over the last week [is] we are obviously closely monitoring the Chinese rmb and the weakening in that market,” Mnuchin...

AdminJul 26, 2018

Finance news

Mnuchin hopes to have a NAFTA agreement ‘very soon’

Treasury Secretary Steven Mnuchin told CNBC on Thursday a deal on NAFTA is coming in the near future. “We hope to have an agreement in principle, clearly, very soon. That’s the first priority,” Mnuchin said on “Squawk Box.” “I think...

AdminJul 26, 2018

Finance news

US-China trade war: Idaho may be the biggest victim, but not for its potatoes

Idaho is the state most exposed to fallout from the U.S.-China trade war, even though its most famous product, potatoes, has so far been spared from the wrath of Beijing’s retaliatory strikes, according to a new study. China, which buys...

AdminJul 26, 2018

Finance news

Mnuchin: Trump-Juncker talks pave way to ‘resolving a lot of these trade issues’

U.S. trade negotiations with the European Union formed the basis of a “real agreement” that will reduce tensions, Treasury Secretary Steven Mnuchin told CNBC on Thursday. Mnuchin spoke a day after the White House announced it had reached a general...

AdminJul 26, 2018

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Month: July 2018

Kudlow says Friday’s GDP number is going to be ‘big’

British Pound Dips Despite Soft US Durables

What Do Durable Goods Orders Say About GDP Tomorrow?

Euro Mildly Lower after Balanced Yet Uninspiring Draghi, Dollar Picking Up Strength Slightly

US core capital goods orders and shipments surge in June

US jobless claims rebound from a more than 48 1/2-year low

Treasury Secretary Mnuchin says he’s ‘closely monitoring’ the weakening in the Chinese currency

Mnuchin hopes to have a NAFTA agreement ‘very soon’

US-China trade war: Idaho may be the biggest victim, but not for its potatoes

Mnuchin: Trump-Juncker talks pave way to ‘resolving a lot of these trade issues’

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Month: July 2018

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