Month: June 2018

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  Dollar pares gains but ranges still narrow on the day

  Dollar index turns flat as we head closer to European mid-day The action in the currencies market remains subdued. The dollar gives up some gains[...]
  2018-06-13 19:27:14

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  Fitch says global growth remains robust, but US inflation risks are rising

  Comments by Fitch Ratings in its June global economic outlook report General commentary on the current global situation by Fitch. With all the spotlight on[...]
  2018-06-13 19:27:14

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  US MBA mortgage applications w.e. 8 June -1.5% vs +4.1% prior

  Latest data from the Mortgage Bankers Association for the week ending 8 June Headline measures the change in number of applications for mortgages backed by the[...]
  2018-06-13 19:27:14

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  Saudi Arabia said to have floated several plans for higher OPEC oil output

  According to Bloomberg, citing people briefed on the discussions of OPEC members One of those proposals would be two 500k bpd increases in production, while[...]
  2018-06-13 19:27:14

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  ForexLive European FX news wrap: Mixed markets as focus turns to FOMC meeting

  Forex news from the European trading session - 13 June 2018 Headlines: Markets: - NZD leads on the day, GBP lags behind - European equities[...]
  2018-06-13 19:27:14

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  June FOMC preview: Powell set for a tough balancing act

  Is the Fed walking down a path where the end of the rate hike cycle is near? The FOMC meeting today will be one of[...]
  2018-06-13 19:27:14

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  US PPI MoM for May 0.5% vs. 0.3% expected. YoY 3.1% vs. 2.8% expected

  US PPI data for May 2018 The US PPI data from May came out Higher than expected The numbers are hotter than expected and could[...]
  2018-06-13 19:27:14

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  Canada Teranet/national Bank HPI 1.0% vs 0.2% last month

  YoY comes in at 4.5% vs 5.6 % last The Teranet/ National Bank HPI rose by 1.0% in May vs. 0.2% last month
  2018-06-13 19:27:14

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  Crude oil prices are trading above and below $66 today. Stays above 100 day MA.

  Pres. Trump gets on OPEC.... Crude prices are lower by about -$0.30 currently. The price has traded above and below the $66.00 level today for[...]
  2018-06-13 19:27:14

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  US stocks opening around unchanged levels

  Focus on media stocks The judges ruling in the favor of AT&T /Time Warner merger, has the stock market focused on media stocks.   AT&T is[...]
  2018-06-13 19:27:14

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