Forex News, Page 14

Kiwi Dollar spikes on less pessimistic business sentiment, with Trump and Powell in the spotlight later today to hit the Dollar and the majors.

With stats on the lighter side and trade war chatter hitting the markets, Trump’s speech to the General Assembly at the UN could ruffle a few feathers.

Trade war jitters return, weighing on the equity markets and commodity currencies, Trump’s 2nd general assembly speech tomorrow of little comfort.

The U.S. Dollar finished lower against a basket of major currencies last week after an easing of tensions over the trade dispute between the United States and China encouraged investors to lift dollar hedges. The Reserve Bank of Australia (RBA) warned on risks to its outlook from U.S.-China trade tensions

Inflation numbers out of Japan this morning were a reminder of how far off the BoJ is from making a move, focus shifting to the EU and the Oval Office.

Impressive 2nd GDP numbers drive the Kiwi, with Brexit and retail sales numbers putting the Pound in the spotlight.

It’s been a bullish start to the day, in spite of rising trade war tension, the Aussie Dollar leading the way, focus now shifting to UK inflation.

The major U.S. equity indexes are trading higher shortly after the cash market opening on Tuesday as the latest tariffs on U.S. and Chinese goods failed to lead to lead to knee-jerk selling as anticipated during the pre-market trade. U.S. Treasury yields were trading mixed when the news came out

The mild response by investors to the new tariffs suggests investors may be waiting to see which industries China decides to target in its retaliation. Again, the thought is, why sell the whole market when only a few sectors, industries or stocks may be negatively affected by China’s retaliatory efforts.

Another set of tariffs on China supporting the U.S Dollar early on, with the RBA meeting minutes failing to give the Aussie Dollar a boost.

Economic data could take a back seat through the day, the markets more eager to see whether there is a green light for U.S – China trade talks.

The U.S. Dollar was able to recover some of those earlier losses on Friday after the U.S. Commerce Department said domestic retail sales rose 0.1 percent in August, the smallest gain in six months, but July figures were revised higher, supporting the view of solid consumer spending in the third

Economic data out of China was better than expected this morning, supporting improved risk appetite, with focus to shift to U.S retail sales and the USD.

U.S. Treasury yields fell on Thursday after the release of the CPI report. The news won’t take the September rate hike off the table, but when combined with yesterday’s weaker-than-expected producer inflation, it could slow down the pace of future rate hikes.

Monetary policy to drive the EUR and the GBP this afternoon, with inflation figures to hit the USD, while Brexit, NAFTA and Trump will also be a factor.

Asian equities are on the slide again, with economic data providing little support, as the markets continue to fret over rising trade tensions.

Stocks are being pressured overnight on the back of the news that China will be making a request to the World Trade Organization (WTO) to impose sanctions on the U.S. The two-year yield hit 2.744 percent for the first time since July 2008. The U.S. Dollar plunged on Tuesday against

On Monday, the White House announced that President Trump had received a request from North Korea’s Kim for a follow-up meeting after their historic meeting in Singapore in June 2018. U.S. Treasury yields were unchanged Monday after Friday’s strong reaction to the better-than-expected U.S. Non-Farm Payrolls report. The U.S. Dollar

A mixed start to the day on the data front, leaves the markets to look ahead to employment numbers out of the UK, the Pound find strong Brexit support.

With trade data out of China adding to already existing trade tensions, focus shifts to the Pound, with heavy set of stats and Brexit chatter in focus.