US-China Trade: Ceasefire a Reality But No Quick Fixes to Reach a Deal
As widely expected, the Xi-Trump meeting ended with a ceasefire in the trade war. The export ban on Huawei was also lifted, at least partially. The ceasefire is good news in the sense that it confirms that both sides want...
Weekly Economic and Financial Commentary: Incoming Data Unlikely to Dissuade Fed Cuts
U.S. Review Incoming Data Unlikely to Dissuade Fed Cuts All eyes are on President Trump and Chinese President Xi as they meet at the G-20 meeting to see if they can hammer out a trade truce. Please see our Topic...
The Weekly Bottom Line: Healthy GDP and Sentiment, Early Canada Day Gifts!
U.S. Highlights A light week on economic data was filled with Fed speeches and a trickle of news flow on the upcoming meeting between Presidents Trump and Xi. We do not expect to see a major breakthrough this weekend, but...
Forward Guidance: Trade Concerns Remain, But Economic Backdrop Still Healthy
Attention remains focused on Saturday’s highly anticipated meeting of Presidents Trump and Xi as the two try to iron out their differences on the side-lines of this week’s G-20 meetings. The outcome of that meeting is still very much in...
Canada: Business Sentiment Surprisingly Improved
The BOS indicator popped into positive territory in Q2 Future sales expectations improved Capacity pressures increased though still down from 2018 The Q2 Business Outlook Survey showed a modest improvement in business sentiment, which was about the best we could...
US ISM Manufacturing PMI to Extend Slowdown But Eyes on G20 Summit
The manufacturing sector is remarkably important for the America’s technology and innovation leadership but also for the jobs market and thus any negative warning about the sector is a headwind to the economy and consequently to the dollar. The problem today is...
Australia: Credit Growth Weak ahead of RBA Rate Cut
Credit growth weak ahead of RBA rate cut. May: 0.2% mth, 3.6%yr. Credit growth was weak ahead of the RBA lowering interest rates on June 4, the first move in official rates since 2016. Credit growth has slowed to a...
MARKET WRAP: Stocks Moved Higher On Trade Hopes
Investors remained hopeful that Trump may avoid further escalation with China and this pushed the markets higher Stocks The S&P 500 Index is set to record the best month for 2019, the index jumped 0.40% as of 15:40 London time....
Crude Oil Price Rises After A Steeper Fall In US Investories
The price of crude oil rose in the Asian session after the EIA released inventories data yesterday. Data showed that there was a drawdown of more than 12 million barrels in the past one week. This was a bigger drawdown...
MARKET WRAP: Stocks Moved Back In Positive Territory
Tech stocks supported the markets while the gold price remained above the 1400 mark for now Stocks The S&P 500 Index recovered its losses and gained 0.21% as of 15:30 London time. The Stoxx Europe 600 Index failed to remain...
Signal2forex.com - Best Forex robots and signals




