EUR/USD News, Page 1

The demand for risky assets continues its moderate recovery in Asia, while US indices are stagnating. The focus of the markets has shifted from the current situation to the outlook, and from this perspective, the American indices seem less attractive.The Shanghai index A50 has risen to the two-months highs, which

The US Federal Reserve will be announcing their decision on interest rates and releasing the minutes of the FOMC meeting today at 18h00 GMT tomorrow. A 25-basis point hike is expected by economists and investors, with another hike in December also widely expected.Given that the rate decision is taken as

Earlier in the Day:Economic data released through the Asian session this morning was limited to August trade and September business confidence numbers out of New Zealand.For the Kiwi Dollar,The August trade deficit widened from a revised NZ$4,500m to $4,810m in August, year-on-year, and from a revised NZ$196m deficit to a

Cautiousness returned to the markets at the beginning of the new week on the introduction of bilateral tariffs between the U.S. and China, as well as expectations of the Fed rates rise. It should also be noted that the tightening of the Fed’s policy forces the central banks of smaller

Earlier in the Day:It was another quiet Asian session on the data front, with no material stats released, the BoJ monetary policy meeting minutes from the August meet the only thing for the markets to consider, which were not only dated, following last week’s BoJ meeting, but also delivering nothing

The major U.S. equity indexes settled mixed on Monday with the brunt of the selling pressure hitting the Dow Jones Industrial Average and the S&P 500 Index. The NASDAQ Composite managed to eke out a small gain as the indexes basically reversed last week’s price action.Stocks were pressured early in

Earlier in the Day:There were no material stats released through the Asian session this morning, with China and Japan on holiday, leaving the markets to consider geo-political headwinds and key events and stats scheduled for the week, along with the rollout of tariffs on $200bn worth of Chinese goods later

On the MacroFor the Dollar, it’s a busy week ahead on the data front, key stats due out including September consumer confidence numbers on Monday, finalized 2nd quarter GDP numbers and August durable goods orders on Wednesday, with the FED’s preferred core PCE price index figures, personal spending numbers and

Earlier in the Day:Economic data released through the Asian session was on the lighter side this morning, with key stats limited to Japan’s August inflation figures and September’s prelim manufacturing PMI.For the Japanese Yen,On inflation, Japan’s national core CPI rose by 0.9% Year-on-year, which was in line with expectations and,

American markets ended trading on Wednesday with a slight increase. Asian bourses also experienced growth at the opening, but it was quickly replaced by increased pressure. At the time of writing, Nikkei225 was flat, Heng Seng gained 0.29%. Futures for S&P500 have lost 0.1% on Thursday morning, being near 2910 level,

Mario Draghi, President of the European Central Bank (ECB) has long recognized the significance of rising inflation. Ever since monetary policy easing – through cutting rates and buying bonds in the quantitative easing programme – he believed that cheap money – and lots of it – can somehow trigger rising

Earlier in the Day:Economic data released through the Asian session was on the lighter side this morning, with key stats limited to 2nd quarter GDP numbers out of New Zealand.For the Kiwi Dollar, the economy grew by 1% quarter-on-quarter in the 2nd quarter, coming in well ahead of a forecasted

Earlier in the Day:Economic data released through the Asian session was on the heavier side this morning, with stats including 2nd quarter current account and 3rd quarter consumer sentiment figures out of New Zealand and August trade figures out of Japan. On the policy front, the BoJ also delivered its

The financial markets are showing almost no response to the news that China will institute new tariffs of U.S. goods worth $60 billion, according to a Reuters report. The new tariffs of between 5 percent and 10 percent will be placed on a list of 5,207 U.S. products on September

Trump’s administration announced the introduction of 10%-tariffs for Chinese imports to $200 billion. The news had a moderately negative impact on the markets. The dynamics are limited, as the information about these measures appeared on Monday, which took from MSCI about 1% on Monday. We see something like the traditional

Earlier in the Day:Economic data released through the Asian session this morning was limited to 2nd quarter house price figures out of Australia, with the RBA meeting minutes from the 7th September meeting released alongside.For the Aussie Dollar:House prices fell by 0.7% in the 2nd quarter, which was better than

Asian markets have turned to a decline with a renewed force. After the rebound of last week, the index MSCI Asia ex Japan loses 1.2% and is only 1.5% above the 14-month lows. Futures for S&P500 have returned to 2900 area, lost 0.4% from Friday’s intraday highs. The pressure on the markets

Earlier in the Day:There were no material stats released through the Asian session this morning to provide direction, with the Asian markets having an opportunity to respond to Trump’s late Friday continued call for tariffs on the additional $200bn worth of Chinese goods.With the U.S equity markets larger gains coughed

On the MacroFor the Dollar, economic data for the week ahead includes September NY State and Philly manufacturing PMI numbers due out on Monday and Thursday, August building permits, housing starts and existing home sales, due out on Wednesday and Thursday, with U.S September prelim private sector PMI figures due

Earlier in the Day:Economic data released through the Asian session this morning was on the heavier side, with key stats including August business PMI numbers out of New Zealand, August retail sales, fixed asset investment, industrial production and unemployment numbers out of China, with Japan’s finalized July industrial manufacturing production