Canada to Show No Employment Growth in December
Weighed by political jitters and disappointing GDP growth prints earlier this month, the Canadian dollar turns its sights to employment figures for direction. The results, however, published on Friday at 1230 GMT may extend economic uncertainty instead. After January’s impressive...
DAX Dips As Investors Look For Clues
The DAX index has posted slight gains in the Wednesday session, erasing most of the gains seen on Tuesday. Currently, the DAX is at 11,606, down 0.22% on the day. There are no eurozone or German events on the calendar....
Gold Teases Bulls With Its Potential To Mean Revert
Gold’s decline since its multi-month high has not gone unnoticed, yet there are indications that mean reversion could soon be on the horizon. Since August’s low, gold had gained increasingly bullish attention which saw it trade nicely within a tight...
ECB Meeting: Acknowledging Weakness, Hinting at TLTROs?
The European Central Bank (ECB) will conclude its policy meeting on Thursday at 12:45 GMT, with a press conference by President Draghi to follow at 13:30 GMT. The Eurozone economy is struggling, and market attention will thus be on whether...
Markets Could Shrug Off Weak Chinese Trade Data after Fiscal Boost and as US Deal Edges Closer
China will publish monthly trade numbers on Friday with exports seen to have fallen back in February after January’s unexpected surge. But with the country’s negotiators closing in on a trade deal with the United States and the government announcing...
Greenback Pushes Canadian Dollar above 1.33
The Canadian dollar remains under pressure in the Tuesday session. Currently, the pair is trading at 1.3337, up 0.25% on the day. On the release front, there are no Canadian events. The highlight in the U.S. is ISM Non-Manufacturing PMI,...
Strong German Services PMI, Retail Sales Fails to Boost DAX
The DAX index is showing limited movement in the Tuesday session, after considerable losses on Monday. Currently, the DAX is at 11,576, down 0.15% on the day. It’s a busy day in the eurozone, with the focus on services PMI...
ECB Preview: The Loan Time Is Running Out (TLTRO)
Executive Summary The ECB will probably downgrade its GDP and CPI forecasts at its announcement on Thursday. We do not expect any changes to forward guidance on interest rates. We will also be watching closely for any news on Targeted...
Markets Continue Mechanical Links To US Equities
Markets continue mechanical links to US equities Wall Street pared its gains overnight as US construction spending fell 0.6% unexpectedly overnight. This took the froth off the markets, which started the week in the green as the US and China...
Two Thine Own Inflation Target Be True? Fed Policy Review Part 1
Executive Summary In the first of a series of reports examining how the Fed’s framework and toolkit may evolve in the coming years, we look at potential changes to the Fed’s current inflation target. After watching inflation average less than...
Signal2forex.com - Best Forex robots and signals




