US-China Tariffs Rollback in Question, Sterling Firm on Brexit Certainty
Sterling remains undoubtedly the strongest one for today, and the week, cheering Conservative’s landslide victory in UK elections. Boris Johnson pledged that “we will get Brexit done on time by the 31st of January, no ifs, no buts, no maybes.”...
US retail sales rose less than expected 0.2% in November
U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending, which could see economists dialing back economic growth forecasts for the fourth quarter. The Commerce Department said on Friday retail sales rose 0.2% last...
US import prices rebound, but the underlying trend remains weak
Shipping containers are stacked on a ship docked at Yusen Terminals on Terminal Island at the Port of Los Angeles in Los Angeles, January 30, 2019. Mike Blake | Reuters U.S. import prices rebounded modestly in November and the underlying...
Markets in Ecstasy on UK Election and US-China Trade Deal
Sterling strengthens broadly today as an important hurdle for Brexit is cleared with Conservative’s landslide victory in the UK election. Yen and Swiss Franc are broadly pressured on return of risk appetite, helped also by completion of US-China trade deal...
US weekly jobless claims race to a more than 2-year high
The number of Americans filing applications for unemployment benefits jumped to more than a two-year high last week, but that probably does not signal a pickup in layoffs as the claims data tends to be volatile in the period following...
Lagarde Carries On Draghi’s Legacy at ECB
At the first ECB led by Christine Lagarde, the members decided to leave the deposit rate unchanged at -0.5%. Meanwhile, the main refi rate and marginal lending rate also stay unchanged at 0% and 0.25%, respectively. The pace of the...
Euro Firm after ECB, Dollar Slightly Lower after Poor Jobless Claims
Both Euro and Swiss Franc are generally firm today after ECB and SNB rate decisions, as not much reactions are being triggered. Though, as for today, Australian Dollar is the strongest one so far. Sterling, on the other hand, pares...
US producer prices were unchanged in November; underlying inflation soft
A worker attaches a wiring harness to the chassis of an X model SUV at the BMW manufacturing facility in Greer, South Carolina, November 4, 2019. Charles Mostoller | Reuters U.S. producer prices were unexpectedly unchanged in November as increases...
Brazilian banking: Caution, unprecedented forces at work
OK, that might still be an exaggeration, just as we begin the decade. But the signs are clearly pointing to an end to Brazil’s famously high-cost banking system, and sooner rather than later. At the end of 2019, the Central...
Morgan Stanley gears up for the new decade with job cuts
The US firm is cutting just under 2% of its workforce, a reflection of what could be coming in 2020.
Signal2forex.com - Best Forex robots and signals




