Recession Update: Should We Worry?
“To expect the unexpected shows a thoroughly modern intellect.” – Oscar Wilde Executive Summary: Bright Sunshine in the Short Run, Clouds Are Gathering Over the Medium Term So far, 2018 shows interesting (and, to some extent, contradictory) developments. While the...
In Japan, Still Waters Merit Attention to Any Ripple
Executive Summary Even as many of the world’s major central banks have been steering toward normalization of monetary policy, the Bank of Japan (BoJ) has remained a holdout. The GDP report for the second quarter offers nothing that will compel...
U.K. Mid-Year Economic Outlook
Executive Summary Economic growth in the United Kingdom picked up modestly in Q2 after slowing in the first quarter. Real GDP rose 0.4 percent on a sequential basis, driven by solid growth in consumer and business spending. Inflation in the...
Weekly Economic and Financial Commentary: Lackluster Growth in Some Foreign Economies in Q2
U.S. Review Prices Continue to Advance Consumer prices increased 0.2 percent in July, advancing to 2.9 percent on a year-to-year basis, the strongest pace in six years. The core CPI index also rose a strong 0.2 percent, bringing the year-to-year...
Dollar Higher as Risk Appetite Vanishes
The US dollar appreciated versus most major pairs on Friday. The Japanese yen outperformed the greenback as a safe haven, but all other major currencies suffered heavy losses during the week. Tense trade developments between China and the US and...
The Weekly Bottom Line: Canada – Another Rate Hike on the Way
U.S. Highlights Global equity markets were hit Friday by fears that Turkey’s deepening economic crisis will spread. The Turkish lira plummeted as investors have lost confidence that the Erdogan regime will be able to steer Turkey through its current crisis....
Week ahead: EM Currency Crisis and Key UK Data
Another week has flown by and what a disastrous one it has been for the likes of the Turkish lira and to a lesser degree the British pound, but once again it has been a good for the US dollar....
Turkish leaders are ‘in a hole of their own making,’ ex-ambassador says
Economic conditions kicked off the lira’s tumble, and global tensions aggravated it, but one former ambassador says Turkey could tap out at any time — if President Recep Tayyip Erdogan swallows his pride. “Turkey doubled down, and now they’re in...
Turkey: Erdogan Chooses the Confrontation Path – TRY Collapses
The Turkish lira hit an all-time low as USD/TRY jumped almost 23.4% today following a speech by the President Recep Tayyip Erdoğan, where he spooked investors by choosing to continue his path of confrontation with the US and calling for...
Argentina: Caputo bows to the might of the IMF
COPYING AND DISTRIBUTING ARE PROHIBITED WITHOUT PERMISSION OF THE PUBLISHER: CHUNT@EUROMONEY.COM By: Published on: Monday, October 08, 2018 The resignation letter of Luis Caputo, until September 25 the president of Argentina’s central bank, is effectively the IMF’s receipt for the...
Signal2forex.com - Best Forex robots and signals




