Day: December 12, 2017

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  BOE: Carney inflation letter to be published in February 2018

  News out on the wires now I highlighted previously that if the CPI reading comes in even a tick higher Carney would have to write[...]
  2017-12-12 20:47:12

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  Germany Dec ZEW current situation 89.3 vs 88.7 exp

  Germany Dec ZEW survey data now out 12 Dec - 88.8 prev - expectations 17.4 vs 18.0 exp vs 18.7 prev - EZ expectations 29.0[...]
  2017-12-12 20:47:12

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  Pound retreats on post-data reality check

  Stop me if you've heard this one before but... 12 Dec The truth seems to offend some people but I make no apologies for saying it[...]
  2017-12-12 20:47:12

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  Three reasons why Bitcoin won't be a substitute for gold

  This according to Goldman Sachs' analyst notes on 11 Dec The argues that Bitcoin's market cap of $275 billion is easily dwarfed by gold's $8.3[...]
  2017-12-12 20:47:12

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  Italy to declare state of emergency regarding energy supplies

  This comes after a blast occurred in an Austrian gas hub The explosion was at one of Europe's main hubs. Italy industry minister says the[...]
  2017-12-12 20:47:12

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  ForexLive morning news wrap: Pound fails to hold inflation data gains

  Forex news for the European morning trading session 12 Dec 2017 News: Data: Overall another lacklustre session as the Fed looms large tomorrow but once again[...]
  2017-12-12 20:47:07

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  Pound recovers some poise as support lines hold

  A better hour enjoyed by GBP pairs as NA desks enter the fray 12 Dec I posted on the GBP losses post-CPI data but also[...]
  2017-12-12 20:47:07

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  The trade next year is to buy commodities - Goldman Sachs

  Goldman Sachs says strong global growth will boost commodities Expect commodities to climb nearly 10% next year, Goldman Sachs said in a research note Monday. Copyright[...]
  2017-12-12 20:47:07

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• 
  US November PPI +3.1% vs +2.9% y/y expected

  November producer price index - Highest since Feb 2012 - was 2.8% y/y - PPI +0.4% vs +0.3% m/m expected - Prior PPI +0.4% m/m -[...]
  2017-12-12 20:47:07

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  Manpower hiring survey is another reason to be optimistic about 2018

  Strong hiring intentions for Q1 Outside of Austria and Italy, the year ahead is a good time to be looking for work, according to the[...]
  2017-12-12 20:47:07

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