Month: December 2017

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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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• 
  The US dollar is warming up ahead of the FOMC decision

  USD/JPY hits the best levels of the day USD/JPY is higher for the fourth day and nearing the best level in a month. USD/JPY is[...]
  2017-12-12 20:47:07

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• 
  If you're trading most commodities, you're pretty much betting on China

  Just how much does China consume? Half of industrial metals are consumed in China. This graphic from the World Economic Forum shows the percentages of[...]
  2017-12-12 20:47:07

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