Next Week’s Economic Data
A look into next week’s economic data calendar
A look into next week’s economic data calendar
The AUDUSD pair went back and forth during the course of the session here on Wednesday, as we continue to try to build up enough momentum to make a significant move.
The EURUSD pair fell slightly during the course of the session on Wednesday, as we continue to try to find buyers just below.
Oil prices swung wildly into the positive territory yesterday. The rally eventually came to a halt around the $50 handle for Brent and $48 for WTI, and both contracts have been trending lower from these levels until an hour or so ago.
Bad news is good news for the markets that rely on central banks’ support. And so it proved again this morning’s as the latest European data disappointed expectations, yet the major stock indices rallied as if everything was just fine.
This week saw data from the UK surprise positively and the severally-oversold pound bounced back sharply, while the dollar fell across the board as the Fed watered down rate hike expectations in the minutes of the FOMC’s last meeting and after some weakness in US data was observed, causing the EUR/USD to climb to its best level since 24 June.
The AUDUSD pair fell during the course of the day on Friday, as we continue to see this market soften.
Published on Jul 22, 2016 Rep. Louie Gohmert, (R-Texas), on the impact of Donald Trump’s acceptance speech.
Last week’s bearish engulfing candle for gold on the weekly chart appears to have had some follow through at the start of the new trading week, as the precious metal fell victim to a renewal of risk appetite as most global equity markets made fresh monthly highs, and the S&P and DOW soaring into new high ground.
Published on Jul 14, 2016 Steward Health CEO Dr. Ralph de la Torre on what is needed to improve health care in America.