Skype: Signal2forex / Whatsapp: +79065178835
0$0.00

No products in the cart.

Day: August 17, 2018

S&P cuts Turkey credit rating deeper into junk territory

Standard & Poor’s took Turkey’s sovereign debt rating even lower on Friday. S&P had already rated Turkey’s bonds as “junk,” but on Friday lowered the the long-term foreign currency sovereign credit rating one notch to a “B+” and the long-term local currency rating to “BB-“. The credit rating firm also forecast a recession for Turkey …

S&P cuts Turkey credit rating deeper into junk territoryRead More

US stocks are again headed for new highs while rest of the world’s stock market struggles

The U.S. stock market is well on its way to better-than-average gains this year, but a quick glance at overseas markets reveals a more sobering story. Global stock markets are having a tough 2018. While the S&P 500 is up more than 6 percent and less than 1 percent away from new highs, the iShares …

US stocks are again headed for new highs while rest of the world’s stock market strugglesRead More

Morgan Stanley cuts its profits estimates for General Motors because of its exposure to China

Morgan Stanley’s outlook on General Motors shares has dimmed due to the escalating trade war between the U.S. and China. The firm reduced its price target to $46 from $50 for General Motors shares and cut its 2018 earnings per share estimate to $5.60 from $6.31 for the company. General Motors sold 1.8 million cars …

Morgan Stanley cuts its profits estimates for General Motors because of its exposure to ChinaRead More

Is Turkey a Canary in the Emerging Market Coal Mine?

Some other individual emerging market (EM) economies could have their own financial problems à la Turkey. But we think any financial crises in the EM world would be individual episodes rather than systemic. Are External Debt Problems in Developing Economies Systemic? Turkish assets have been hammered over the past few days due largely to concerns …

Is Turkey a Canary in the Emerging Market Coal Mine?Read More

Australia & New Zealand Weekly: Inflation Expectations Might be Anchored Despite the Official 2.5% Policy Target

Week beginning 20 August 2018 Inflation expectations might be anchored despite the official 2.5% target. RBA: Minutes, Governor Lowe and Deputy Governor Debelle speak. Australia: Westpac-MI Leading Index, construction work. NZ: real retail sales. US: Fed Chair Powell speaks at the Jackson Hole Symposium, durable goods orders. Flash Markit PMI’s for Japan, the Euro Area …

Australia & New Zealand Weekly: Inflation Expectations Might be Anchored Despite the Official 2.5% Policy TargetRead More

Week Ahead – Eurozone PMIs and Japanese Inflation Due; Jackson Hole Summit, Trade Updates & Turkey Could Steal the Show

Upcoming releases in the next seven days are pointing to a relatively quiet August week. Among the few stand-out readings are flash PMI prints out of the eurozone, Japanese inflation figures and US capital goods orders. In addition, the minutes relating to the Federal Reserve and Reserve Bank of Australia’s latest meetings will be made …

Week Ahead – Eurozone PMIs and Japanese Inflation Due; Jackson Hole Summit, Trade Updates & Turkey Could Steal the ShowRead More

Loonie Rallies Hard on Inflation Data

Canadian headline inflation this morning beat market expectations and printed a seven-year high last month, while the measure of core-inflation remained relatively stable. Canada’s CPI rose +3.0% y/y, following a +2.5% rise in June. Market expectations were looking for a headline print of +2.5%. On a month-over-month basis, prices rose +0.5% in July, after advancing …

Loonie Rallies Hard on Inflation DataRead More

Share this product!

Do you want to start trade profitably?
Earn 50-300% monthly!