China Said To Send Letter To US Outlining Trade Concessions Ahead Of Talks At G20
All information provided by Trade The News (a product of Trade The News, Inc. “referred to as TTN hereafter”) is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to Buy or...
US CPI: Inflation Under Control
Lifted by higher energy costs, CPI inflation rose 0.3% in October. Core inflation strengthened after a couple of soft prints. October’s pickup suggests inflation continues to gradually firm and should keep the Fed on course. Inflation Climbs in October Inflation...
US: Inflation Edges Higher in October, Mostly on Higher Energy Prices
Consumer prices rose 0.3% (month-on-month) in October, on par with expectations. Core CPI (excluding food and energy) prices were up a softer 0.2%, also on top of the median consensus estimate. Inflation accelerated to 2.5% (year-on-year), up from 2.3% in...
China’s Coming Recession Has Pushed Oil Below $60
Most market participants are having a hard time explaining why the price of crude oil CLZ8, -0.48% dropped like a rock during a time when the United States began to enforce sanctions on Iranian exports on Nov. 4 — sanctions...
Cryptocurrency Mining Farms In China Shut Down For ‘Strict’ Tax Inspections
Cryptocurrency mining operations in the Chinese provinces of Xinjiang and Guizhou were suspended so the government could conduct “very strict” tax inspections and real-name registration checks. Power to the mining farms was shut off on November 5, sources told local...
More Euro Underperformance in Store by Year-End?
Mostly euro-friendly election outcomes, at least in the eyes of investors, and economic data pointing to a strong pickup in economic activity were the factors that rendered the euro the best performing major currency in 2017. Specifically, the common currency...
UK Inflation and Retail Sales to Briefly Divert Attention from Brexit
The UK will see the release of its latest inflation and retail sales data on Wednesday and Thursday respectively, both at 0930 GMT. While a strong set of prints could support the pound somewhat, the dominant force dictating the currency’s...
Japan GDP And Aussie Wages Data Due On Wed, Along With China Industrial Production
All information provided by Trade The News (a product of Trade The News, Inc. “referred to as TTN hereafter”) is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to Buy or...
Sterling Reverses Its Losses In The Morning Session
NOTE: if you do not have time to search for strategies and study all the tools of the trade, you do not have the extra funds for testing and errors, tired of taking risks and incurring losses – trade with the...
Dollar Drive to Encourage Renewed Round of Pressure for Emerging Markets
The Dollar strength story has returned to the scene with a vengeance, and it represents a risk of crumbling its counterparts across the globe. The Dollar Index has advanced to its highest level since June 2017 as trading commences for...
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