Weekly Economic and Financial Commentary: U.S.-China Tensions Heating Back Up
U.S. Review Wait and See The re-opening of the country is getting underway, with all 50 states starting to roll back restrictions. It remains too early to assess the effect of the re-opening on coronavirus case growth, which continues to...
The Weekly Bottom Line: Markets Optimistic Ahead of Memorial Day
U.S. Highlights Stock markets were in an optimistic mood heading into the Memorial Day weekend, although the economic data continues to be atrocious. Jobless claims data suggest that more job losses are coming in May. More concrete good news came...
Forward Guidance: Rear-View Economic Data in Canada but Focus Forward
The past week continued to highlight some green shoots in economic data for May – not itself surprising given the increasing number of regions/countries beginning to ease COVID-19 containment measures. The early round of PMI measures for May generally were...
Week Ahead – Reopening Momentum and China in focus
Brewing geopolitical risks helped investors take some risk off the table heading into the long weekend. The dollar rallied against most of its peers as tensions remain front and center for the world’s two largest economies. Renewed unrest in Hong...
Can the EU Recovery Fund Change the Euro’s Fortunes?
The euro finally found its footing this week, bolstered by a Franco-German plan for a European recovery fund worth half a trillion euros to assist the economies most devastated by the crisis. Although the proposal is a step in the...
Hong Kong Leads Global Markets Lower As Tensions Spike
Risk aversion deepens as China announces new security laws in Hong Kong Dollar and yen edge higher, global stocks sell off on fears of US retaliation Range breakouts rejected across multiple charts – S&P 500, euro, aussie, loonie Hong Kong...
Australia’s Spat With China May Spell Doom for its Economy and the Aussie
Sino-Australian relations sank to a new low this week after China unexpectedly slapped 80.5% tariffs on Australian barley imports, possibly signalling a new front in the global trade war. China buys about 30% of Australia’s exports and its decision comes...
US Futures Consolidating, Watch EXPE, MDT, TTWO, BBY, LB
The S&P 500 Futures are facing a consolidation after they rebounded over 1% yesterday on growing optimism toward a quicker-than-expected recovery of the global economy from the coronavirus pandemic. Later today, U.S. Initial Jobless Claims (a decline to 2.400 million...
Euro Could Get Positive Boost from Flash PMI Figures; ECB Minutes on the Agenda too
The Eurozone’s flash PMI readings for the month of May will hit the markets on Friday at 08:00 GMT, likely showing a reviving business sector as most member states moved forward with their re-opening plans. The data are expected to...
Canada: Consumer Prices Down 0.2% Year-on-Year in April
The information contained in this report has been prepared for the information of our customers by TD Bank Financial Group. The information has been drawn from sources believed to be reliable, but the accuracy or completeness of the information is...
Signal2forex.com - Best Forex robots and signals




