British Pound Dips Below 1.30 as Construction PMI
GBP/USD has posted considerable losses on Tuesday. In the North American session, the pair is trading at 1.2992,...
Japanese Yen Edges Higher, ADP Payrolls Next
USD/JPY has edged lower in the Tuesday session, erasing the losses seen on Monday. In North American trade,...
Rescued NAFTA Deal Fails To Lift Global Risk Appetite
Global investors remained defensive on Tuesday despite the U.S. and Canada agreeing to a new trade deal ending...
Currencies: Italy-EMU Budget Dispute Weighs On Euro
Rates: Risk aversion to dominate trading? Italian FM Tria returned from yesterday’s Eurogroup with work to do on...
Breakthrough Trade Deal a Major Sigh of Relief
Last night’s agreement in principle to update NAFTA under the new banner of the US-Mexico-Canada Agreement (USMCA) may...
US: Manufacturing Confidence Resilient in September
The Institute for Supply Management (ISM) manufacturing index dipped 1.5 percentage points to 59.8 in September, still in...
Currencies: US-Canada Trade Deal To Support Further USD Gains Against Other Majors?
Rates: More outperformance of German Bunds vs US Treasuries?The US, Mexico and Canada reached a last-minute agreement to...
Loonie Jumps As US Inches To A New Trade Deal With Canada
The effects of the current trade conflict between the US and China have started to emerge. Yesterday, the...
Weekly Economic and Financial Commentary: Central Banks in Focus as Growth Remains Steady
U.S. Review Fed Rate Hike Took Center Stage This Week The Federal Open Market Committee (FOMC) raised the...
The Weekly Bottom Line: Don’t Let Textual Changes Get in the Way of Rate Hikes
U.S. Highlights The Fed hiked rates by 25 bps this week as widely expected. But, the communiqué dropped...
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