How to use the PPI in Forex Trading
Using PPI to trade forex: Talking points PPI stands for the Producer Price Index, which is an important piece of economic data PPI data is released during the second week of each month. Forex traders can use PPI as a...
As a Trade Deal Moves Closer, is China at Risk of Overstimulating its Economy?
Growth in China decelerated to the slowest pace since 1990 last year, underlining the challenges the country faces amid sluggish global demand and a more protectionist United States. China’s leaders haven’t been sitting on their hands, however, as an abundance...
Canada to Show No Employment Growth in December
Weighed by political jitters and disappointing GDP growth prints earlier this month, the Canadian dollar turns its sights to employment figures for direction. The results, however, published on Friday at 1230 GMT may extend economic uncertainty instead. After January’s impressive...
Trading the London Session: Guide for Forex Traders
The London trading session accounts for around 35% of total average forex turnover*, the largest amount relative to its peers. The London forex session also overlaps with the New York session throughout the year. Key talking points in this article:...
Sustainable Financing and Investing Survey
COPYING AND DISTRIBUTING ARE PROHIBITED WITHOUT PERMISSION OF THE PUBLISHER: CHUNT@EUROMONEY.COM By: Published on: Monday, June 03, 2019 Euromoney and its sister publication GlobalCapital are conducting a worldwide survey on the fast-growing area of sustainable financing and investing. Both issuers...
WTI OIL Outlook: Oil Price May Extend Lower if US Crude Stocks Rise
WTI oil price dipped to $55.80 on Wednesday, following double rejection at $57 zone on Mon/Tue, pressured by unexpected rise in US crude stocks (API report on Tuesday showed build of 7.9 mln bls compared to last week’s 4.2 mln...
This $1.3 trillion asset manager wants to end quarterly earnings and buybacks
Firms should stop share buybacks and end a fixation on short-term earnings, the chief executive of one of the world’s largest financial services companies told CNBC. In the United States, announced buybacks for 2018 hit a record $1.1 trillion as...
US Trade Deficit Ballooned to Decade High, Dollar Shrugs and Stays Firm
Yen and Dollar are trading as the strongest ones for today so far. Slightly lower than expected ADP job growth in February was offset by larger upward revision in January’s data. US trade deficit surged for 2018 as a whole...
Macaskill on markets: Apple and the IT spending serpent
Financial industry executives know they have to seem technology savvy nowadays. Digital labs are found in most banks and insurance firm Aviva even set up a digital garage in London’s hipster enclave of Hoxton Square, although that may have been...
US trade deficit surges to 10-year high in December, ends 2018 at $621 billion despite tariffs
The U.S. trade deficit ballooned in December to a 10-year high of $59.8 billion, well ahead of expectations, despite President Donald Trump’s efforts to reduce the number, the Commerce Department reported Wednesday. Economists surveyed by Reuters had been looking for...