USA July payrolls (NFP) increased much more than expected, raising the probability of
an interest rate hike from the Federal Reserve this year.As a result U.S. dollar index,
which measures the greenback’s strength against a trade - weighted basket of six major
currencies, surged to a one-week high and Gold and Silver prices plunged to one-Week
Last week, crude oil futures ended Friday’s session slightly lower due to the
employment data and after a report showed the number of U.S. oil rigs rose for a sixth
straight week. But prices still ended the week with modest gains as technical short-
covering and ba[...]
The US dollar had the last word in the tumultuous and volatile week. G7 meetings, the decision rate in New Zealand employment data in Australia, as well as US retail sales, PPI and consumer sentiment. These events bring driver predstoyaschiyu week. Join us as we look at the main market news.
US Non-Farm Payrolls release surprised a great increment of 280,000 jobs in May. This was followed by wage increases. Euro podkasilo lack of specificity of the ECB. The pound suffered from poor PMI in while the Australian dollar enjoyed a strong GDP report. What's next on the foreign exchange market?
G7 Date: Sun-Mon Finance ministers and central ba[...]
The US dollar moved in all directions, but are not able to maintain its success in the last week of May. The first month of June functions. Top market developments: changes in the agricultural sector, as well amongst other events rate decisions in Australia, the UK and the eurozone. Join us as we explore the market engines this week.
News: US ISM Manufacturing PMI: Monday, 14:00. The growth of industrial production in the US was unchanged in April, sending the market to the level of 51.5. The news was lower than analysts had expected 52.1. New orders rose to 53.5 from 51.8 in March, but employment fell to contraction. However, the April fi[...]
The US dollar made a comeback. Now, US durable goods orders, consumer confidence, as well as Great Britain, Canada and the US GDP data highlighted. These are important events in the release calendar Forex. Here's a look at the main market events.
The Federal Reserve released the April 28-29 meeting of politicians, identifying planned rate hike will not be held in June. Despite the growing confidence in the US economic recovery, recent data indicate a temporary slowdown. Weaker consumer spending, slow data growth and employment have led politicians to postpone its decision on the rate increase. The Fed also disappointed that the drop in oil[...]
Last week, there are still warm from the US data unsettled markets: Retail sales disappointed with a flat reading after receiving 1.1% in March and missing the forecast of growth of 0.3%; Key sales rose only 0.1%, while expected to grow by 0.4%. Producer prices in April fell by 0.4% after a 0.2% gain in the previous month, while it was expected to increase by 0.1%; Consumer sentiment also disappointed with a sharp drop in April from 95.9 to 88.6 this month, lower than the 95.8 forecast of analysts. Nevertheless, the unemployment rate continues to decline until after the publication of 265,000 264,000 the previous week. Will the US economy to [...]
Currency markets saw a stormy week in which the injured, but the United States managed to partially restore. GDP in Germany, the UK data on employment, it Mark Carney and US consumer data stand out. These are the main events in the forex calendar. Join us as we explore the highlights of this week.
The release of Non-Farm Payrolls showed the US economy created 223,000 jobs in April, rebounding from a poor jobs growth in March. Details of the report are mixed, but slightly more positive than negative. The euro jumped yo highs last visit in February to a short squeeze, but retreated. In the UK, the Conservatives won an absolute majority, the [...]