Month: July 2018

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  US' Pompeo heading to North Korea - what to expect (lower your expectations edition)

  U.S. Secretary of State Mike Pompeo will be North Korea  on Friday and Saturday  Reuters report: Got that? … Kim calling the shots.  CVID or[...]
  2018-07-05 07:29:06

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  Japan economic adviser to the government says need MOAR fiscal stimulus, right away

  More stimulus is needed ahead of the sales tax hike (8% currently, going to 10%) planned for October 2019 So says Susumu Takahashi is chairman[...]
  2018-07-05 07:29:06

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  China comments on US trade threats - China won't bow to threats, blackmail

  China Commerce Ministry spokesman speaking in regards to US tariff threats - US tariffs is firing at the rest of the world and itself -[...]
  2018-07-05 07:29:06

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  ForexLive Asia FX news wrap: Awaiting a EUR response to ECB comments

  Forex and Bitcoin news for Asia trading Thursday July 5 2018 Currency ranges were small here in Asia today following the US holiday. There was[...]
  2018-07-05 07:29:06

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  Economic data coming up in the European session

  Bank of England governor Mark Carney is on the agenda today Good day, everyone! Hope you're all doing well as we get into European trading[...]
  2018-07-05 07:29:06

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  IMF cuts Germany's 2018 growth forecast to 2.2%

  IMF announces its latest set of forecast revisions for the German economy Following the many downward revisions including those by the Bundesbank themselves and Ifo,[...]
  2018-07-05 07:29:06

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  EURUSD trades to new session lows

  Moves below swing area Earlier I warned about a break of the 100 and 200 hour MAs. Those MAs were cracked. The price traded down[...]
  2018-07-05 06:24:52

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  EU stocks end the day with declines

  Off to a bad start for the week The major European stocks are starting the week with declines: In the 10 year debt sector in[...]
  2018-07-05 06:24:52

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  USDCAD trades near session highs after support/retracement holds

  Price bounces off broken trend line support/50% retracement The USDCAD fell sharply last week helped by a double top and some profit taking.  Sharply higher[...]
  2018-07-05 06:24:52

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  USDJPY inching up again as stocks and yields move higher as well

  Trades to a new NY session high The USDJPY is inching higher helped by higher stocks. The Nasdaq is up 10 points now after being[...]
  2018-07-05 06:24:52

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