Australia & New Zealand Weekly: RBA Shifts to a More Balanced View
Week beginning 11 February 2019 RBA shifts to a more balanced view. RBA: Head of Economics and Assistant Governor Financial Markets speak. Australia: Westpac-MI Consumer Sentiment, housing finance, NAB business survey. NZ: RBNZ meeting, RBNZ Governor Orr testimony, card spending,...
UK GDP Growth to Decelerate in Q4
The Bank of England joined its dovish counterparts on Thursday after leaving interest rates steady as expected amid mounting fears that Brexit coinciding with a global economic slowdown could further sink British markets. Of more importance, policymakers surprisingly decided to cut...
Week Ahead – Japanese & UK Q4 GDP in Focus; Kiwi Readies for Dovish Noises from RBNZ
Japan and the United Kingdom will be next to publish economic growth numbers for the final quarter of 2018, while the Eurozone will release its second GDP estimate for the period. Inflation data out of the US and the UK...
Weekly Focus – Signs of a German Sector Recovery
This publication has been prepared by Danske Markets for information purposes only. It is not an offer or solicitation of any offer to purchase or sell any financial instrument. Whilst reasonable care has been taken to ensure that its contents...
Canadian January Employment Bounces Back
Highlights: Employment jumped 66.8k which was up strongly from the 7.8k recorded in December and market expectations of a 5k increase. The solid increase in employment did not prevent an unexpectedly large 0.2 percentage point jump in the unemployment rate...
Relief Rally Overextended as Skepticism Grows on Trade and Growth
US stocks are poised for their worst week since December on trade worries and global growth concerns. Yesterday’s news that the President Trump is highly unlikely to meet President Xi before the March 1st deadline intensified trade worries. While expectations remain...
XAU/USD Outlook: Gold Recovers as Dollar Bulls Take Breather; 10SMA Would Be a Trigger
Spot gold holds positive tone for the second day as week-long dollar’s rally is losing traction and may take a breather on overbought conditions. Recovery extension hit high at $1315, retracing 50% of $1326/$1302 pullback and signaling formation of higher...
USD/CAD Outlook: Upbeat Canada Jobs Data Accelerate Pullback after Thick Cloud Base Capped Strong Advance
The pair accelerated lower on Friday following double upside rejection at strong barriers provided by the base of thick daily cloud and 55SMA (1.3317/32). Better than expected Canada’s Jan housing/labor data added to loonie’s fresh strength. Canada’s housing starts beat...
Canadian Dollar Jumps on Job Data, Risk Aversion Dominates on Trade War Worries
Risk aversion is the main theme in the financial markets today. Worries over US-China trade tension escalation resurfaced after Trump said he will not meeting Chinese President Xi this month. This came despite Trump’s schedule to meet North Korean leader...
Canada Starts 2019 with a Bang
The first month of 2019 saw 66.8k Canadian jobs created, on net. The unemployment rate rose to 5.8% as more Canadians were looking for work, sending the labour force participation rate 0.2 p.p. higher, to 65.6%. The composition of the...
Signal2forex.com - Best Forex robots and signals




