Roar: Consumer Confidence Surges in Preview of Coming Spending Spree
Consumers certainly regained confidence in March. The headline print of 109.7 handily exceeded even the most optimist forecast with room to spare. After a run of mostly disappointing February data, this surge is consistent with our expectation that we are...
Swissie Falls Despite Sparkling Swiss KoF
The Swiss franc is trading in negative territory in the Tuesday session. Currently, USD/CHF is trading at 0.9422, up 0.35% on the day. On the fundamental front, Switzerland releases the Credit Suisse Economic Expectations Index (Wednesday, 8:00 GMT). KoF Economic Barometer...
Oil Looks To OPEC For Direction
When: Thursday 29th March Oil prices were on a roller-coaster ride across the previous week, with swings on two consecutive days of 6%, as the bears and bulls tussled over demand concerns, amid rising covid cases, and supply issues amid the...
Silver Unfollows Gold: Where Next?
Historically, gold and silver tend to be highly correlated assets, but their strong positive relationship slightly relaxed in the first quarter of the year, making investors wonder whether this deviation could be something more than temporary in the coming years....
European Open: Brent And WTI Are Lower As Ever Given’ Is Refloated
Whilst the refloating of the large cargo has weighed on oil prices overnight, it remains unclear how quickly the Suez Canal will be reopened and fully operational. Asian Indices: Australia’s ASX 200 index fell by -8.2 points (-0.12%) to close...
Weekly Economic & Financial Commentary: Softer Economic Data Do Not Signal a Change in Underlying Momentum
U.S. Review Softer Economic Data Do Not Signal a Change in Underlying Momentum This week’s larger-than-expected declines in durable goods orders as well as new and existing home sales do not signal a shift in the economy’s strong underlying momentum....
The Weekly Bottom Line: Bad February Data a Temporary Setback
U.S. Highlights Markets see-sawed on the week as investors were pulled between positive economic news and concerns about rising bond yields and rising Covid-19 cases in Europe. Soft U.S. economic data for February, which was hit by severe winter weather,...
Week Ahead: Where Do We Start?
This could be one of the busiest weeks of the year for the markets or it could be extremely dull. The coronavirus is still plaguing Europe. With more lockdowns and restrictions on the way, the vaccine rollout continues to be...
Week Ahead: Has the US Economic Boom Been Mostly Priced in?
Vaccine rollout success in the US has Wall Street quickly pricing in rapid growth during the recovery stage. The trend in daily new cases is rising in the US but the successful vaccine rollout will make any sharp accelerations short-lived....
Week Ahead – US Jobs Report to Headline Quiet Easter Week
As markets reassess how soon European economies will be able to reopen, the March nonfarm payrolls report out of the United States will likely highlight the widening growth disparity between the two regions. The expected strong US data could help...
Signal2forex.com - Best Forex robots and signals




