RBNZ to Leave OCR Unchanged at 1% and Warn of Risks Associated with Coronavirus
RBNZ is widely expected to leave the OCR unchanged at 1%. Upbeat economic developments since the November meeting should warrant removal of easing bias in February. However, outbreak of coronavirus from China suggests that risks to global growth are greatly...
Dollar Jumped Broadly on Solid Batch of Economic Data, Coronavirus Fears Receded
Dollar ended last week as the strongest one as markets put China’s coronavius behind. Instead, strong risk sentiments lifted major US indices to new record highs. Friday’s pull back was likely due to pre-weekend profit taking only. Latest batch of...
Weekly Economic and Financial Commentary: A Solid Week To Be Sure, But Keep an Eye on the Details
U.S. Review A Solid Week To Be Sure, But Keep an Eye on the Details U.S. employers added 225K new workers to their payrolls in January, which handily beat expectations. But the factory sector shed jobs for the third time...
The Weekly Bottom Line: Green Shoots Threatened by Viral Outbreak
U.S. Highlights U.S. manufacturing activity expanded in January for the first time since July and the services sector was the strongest since August. The coronavirus outbreak continued to disrupt trade and supply chains, impact financial markets, and force multinational companies...
Canada GDP vs Labour Market Growth Trends Diverging? Again?
The spread of the coronavirus in China has continued to alarm markets abroad, although North American equity markets have largely bounced back after earlier jitters pushed investors to the side-lines. In part that’s because, aside from the go-forward risks of...
Week Ahead: Have We Seen the Top in Coronavirus Cases?
Next week will be a pivotal week in terms of discovering if the rate of increase has topped on the number of newly discovered Coronavirus cases. China’s National Health Commission said that as of Thursday, the total infection number was...
Stock market live Friday: Dow down 270, coronavirus names fall, Uber best day ever
This is a live blog. Check back for updates. 4:01 am: Dow suffers first decline in 5 days, down 270 points The Dow finished the session about 277 points lower, snapping a four-day winning streak. Still, the 30-stock benchmark rose...
China’s GDP growth this quarter will be 0%, according to top economist Ed Hyman
Edward ‘Ed’ Hyman, chairman of Evercore Partners Inc. Christopher Goodney | Bloomberg | Getty Images Evercore ISI Chairman Ed Hyman said he sees no economic growth in China in the first quarter due to the deadly coronavirus. The market pullback...
Antarctica registers hottest temperature ever at nearly 65 degrees Fahrenheit
A frozen section of the Ross Sea at the Scott Base in Antarctica on November 12, 2016. Mark Ralston | AFP | Getty Images Antarctica just broke its hottest temperature ever recorded at 64.9 degrees Fahrenheit as climate change continues...
eBay is more like the NYSE than Amazon, says Intercontinental Exchange CEO Jeffrey Sprecher
eBay’s headquarters in San Jose, California, U.S. Bloomberg | Getty Images The e-commerce giant eBay more closely resembles the New York Stock Exchange than it does Amazon, at least in the eyes of Intercontinental Exchange CEO Jeffrey Sprecher. “I’m not sure...
Signal2forex.com - Best Forex robots and signals




