Month: April 2018

• 
  US dollar climbs as equity markets struggle

  Dollar higher against euro, pound and the commodity currencies Cable has erased much of its gains as weakness in equity markets leads to a slump.[...]
  2018-04-03 03:25:07

---

• 
  US February construction spending +0.1% vs +0.4% expected

  February US construction spending data - Prior was 0.0% - Private +0.7% - Public -2.1% This will lead to some small downgrades in GDP forecasts.
  2018-04-03 03:25:07

---

• 
  March ISM manufacturing 59.3 vs 60.0 expected

  March ISM manufacturing index highlights - Prior was 60.8 - Employment 57.3 vs 59.7 prior - Prior prices paid 74.2 - New orders 61.9 vs[...]
  2018-04-03 03:25:07

---

• 
  US stocks slide momentum increases. Nasdaq leads the move lower.

  President Trump continues Amazon bashing.  President Trump continued to target Amazon today, and it is having an impact on other stocks (or so it seems).  
  2018-04-03 03:25:07

---

• 
  Atlanta Fed GDP model of 1Q GDP growth up to 2.8% from 2.4%

  Up from the Thursday high The Atlanta Fed GDP estimate for 1Q GDP growth was raised to 2.8% from 2.4% (reported on Thursday). In their[...]
  2018-04-03 03:25:07

---

• 
  European Commission to propose €56bn raid on ECB profits

  The EU is tossing around the idea of taking profits from the European Central Bank to plug a budget hole after Brexit   - €56bn[...]
  2018-04-03 03:17:10

---

• 
  Add this to the calendar of today's events - Kuroda to appear in Diet (from 0500GMT)

  Bank of Japan Governor Kuroda in the Japanese parliament from 0500GMT (and again from around 0845GMT) - Deputy Governor Wakatabe will also be speaking in[...]
  2018-04-03 03:17:10

---

• 
  PBOC sets USD/ CNY reference rate for today at 6.2785 (vs. yesterday at 6.2816)

  People's Bank of China ramping up the onshore yuan value again today ... but a much small amount than yesterday though CNY (against USD) is[...]
  2018-04-03 03:17:10

---

• 
  Good morning AUD traders - early levels information

  Its a great morning for bears, maybe for bulls not so much. Just some early info coming in on levels for the session ahead to[...]
  2018-04-03 01:10:13

---

• 
  Forecasts show that the Japanese yen is expected to weaken in Q2 - survey

  Bloomberg's latest survey shows that analysts expect USD/JPY to rise to 108 this quarter The reason for such a projection is easing geopolitical tensions that[...]
  2018-04-02 23:25:13

---