First Impressions: Australian Q1 GDP
Q1 GDP: 0.4%qtr, 1.8%yr. A downside surprise, detail on the soft side – private demand contracting. Q1 GDP Sluggish output growth has extended into 2019, with Q1 printing at 0.4%qtr, 1.8%yr. This was a downside surprise and the detail was...
Australian Dollar Shrugs off RBA Rate Cut, Soft Retail Sales
AUD/USD has posted small gains in the Tuesday session, after starting the week with considerable gains. In North American trade, AUD/USD is trading at 0.6989, up 0.16% on the day. In economic news, Australia retail sales fell 0.1%, the first...
The US Dollar Is Declining Due To Global Risks
The US dollar weakened against a basket of major currencies due to the impact of trade conflicts on the country’s economy. The dollar index (#DX) closed in the negative zone (-0.62%). Global trade relations are escalating. Yesterday, the President of...
Aussie Improves to 3-Week High, Retail Sales Next
AUD/USD has moved higher in the Monday session. In North American trade, AUD/USD is trading at 0.6957, up 0.30% on the day. Earlier in the day, the pair touched 0.6966, its highest level since mid-May. On the release front, Australian...
DAX Has Dismal Week As U.S. Threatens Tariffs Against Mexico
The DAX has started the week with slight losses. Currently, the index is at 11,707, down 0.17% on the day. In economic news, German manufacturing PMI ticked lower to 44.3, down from 44.4. The eurozone indicator dropped from 47.9 to...
Weekly Economic and Financial Commentary: Markets Jitter as Trade War Escalates
U.S. Review Markets Jitter as Trade War Escalates Fear around the trade war remained top of mind for market participants this week, and helped instigate another inversion of the yield curve. There is no denying that the yield curve has...
The Weekly Bottom Line: Trade Tensions Still in the Spotlight
U.S. Highlights U.S.-China trade tensions continued to dominate headlines as both countries dig in for another round of negotiations under more strained circumstances. U.S. tariffs against Mexico appear to also be in the works. As trade tensions flare, investors have...
Forward Guidance: Near-Term Canadian Growth Trends Still Constructive
Near-term Canadian growth trends still constructive but risks of escalating trade tensions continue to dominate sentiment Current domestic economic data – including the release of high profile net trade and employment reports in the week – will continue to be...
Bitcoin Stabilizes on Trump Tariffs, But Downside Risks Remain Below $8K
Despite dubbing himself “Tariff Man,” President Trump still managed to catch markets off guard with last night’s decision to impose escalating tariffs on Mexico in retaliation to undocumented immigration. Not surprisingly, we’re seeing classic a classic risk-off move in effected...
Market Death by Tariffs; Safe-Havens Reign Supreme
Risk aversion ran wild as stock markets and other risk assets plummeted on global tariff escalation. The US dollar’s early gains during the end of May market rout is starting to reverse course on expectations the Fed may cut rates...
Signal2forex.com - Best Forex robots and signals




