Month: June 2018

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  "US economy … growing gangbusters ...market remains in denial … sell EUR/USD"

  Head of global rates and foreign exchange strategy at Bank of America with the view - Says "I've never been this bullish the U.S. economy[...]
  2018-06-29 07:27:06

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  ICYMI: China to allow more foreign investment (this should help ease trade tension)

  The National Development and Reform Commission of the People's Republic of China (NDRC) has unveiled an easing of foreign investment curbs - Sectors including banking[...]
  2018-06-29 07:27:06

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  JP Morgan on China - Could see further fiscal support, further RRR cuts

  JPM's vice chair in Asia/Pacific Jing Ulrich comments on China - sees it under pressure on trade and a deceleration  in its economy
  2018-06-29 07:27:06

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  EUR/USD up - EU reaches immigration deal

  Italy had sought further negotiation on immigration - A deal has now been reached - Tusk announces deal reached  Its like 4.40am in Brussels! ps.[...]
  2018-06-29 07:27:06

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  EU summit reaches a deal on immigration - Italy happy - euro higher

  I posted earlier on the Italians blocking all agreements at the EU summit until an agreement was reched reached on immigration. Before that I warned[...]
  2018-06-29 07:27:06

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  EU summit agrees to extend economic sanctions against Russia for 6 months

  Now that agreement has been reached on immigration Italy will stand clear from blocking other agreements  - One of them - an extension on the[...]
  2018-06-29 07:27:06

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  UK PM May says wants deal on Brexit that will work for both EU and UK

  May wants negotiations accelerated  - Wants strong and deep security partnership with EU to continue after Brexit 
  2018-06-29 07:27:06

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  ForexLive Asia FX news wrap: EUR higher after EU migrant deal

  Forex and Bitcoin news for Asia trading Friday 29 June 2018 There was movement in Asia forex today centred on a sharp rally for the[...]
  2018-06-29 07:27:06

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  Heads up for some weekend data on the way - China PMI data for June

  Due at 0100GMT on Saturday June 30 Thanks a lot China! ;-) Manufacturing PMI - expected 51.6, prior 51.9 Services PMI  - expected 54.8, prior[...]
  2018-06-29 07:27:06

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  Economic data coming up in the European session

  Eurozone June CPI flash reading in focus today Good day, everyone! Hope you're all doing well as we start to wrap up the trading week,[...]
  2018-06-29 07:27:06

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