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Day:
August 15, 2018
Turkish lira continues to rebound but other emerging market currencies not so fortunate
Tough day for EM FX The MSCI emerging currency index hit the lowest since July 2017 as the selloff deepens. Here are the currencies squarely[...]
2018-08-15 19:27:06
EUR/USD nears 1.1300 as the slide continues
Coming up to the options cut There's nothing significant running off at 1.1300 but there is talk of 1.1300 barrier options. At the moment, the[...]
2018-08-15 19:27:06
US business inventories for June 0.1% vs. 0.1% exp.
Business Inventory data for June 2018 US business inventories June came in at 0.1% versus 0.1% expectations. There was an outright inventory liquidation in the[...]
2018-08-15 19:27:06
US NAHB housing market index 67 vs 67 expected
NAHB housing data Home builder sentiment has deteriorated this year in part to rising costs and lumber tariffs. ForexLive
2018-08-15 19:27:06
Oil down 2% with US inventory data to come
Weekly oil inventory data to come WTI crude oil is down $1.31 to $65.71. It just touched off the lowest since June 22. Oil is[...]
2018-08-15 19:27:06
Weekly US EIA oil inventories +6805K vs -2500K expected
Weekly EIA oil inventory data The API numbers yesterday: ForexLive
2018-08-15 19:27:06
New Zealand bans foreigners from buying houses
The gold rush is over If you were to ask people where they want to live, the list is likely to look something like this:[...]
2018-08-15 19:27:06
USD/TRY falls below 6.00 as Qatar pledges investment
Lira keeps battling back Qatar pledged $15 billion in direct investment into Turkey in a confidence-raising measure that also plays on the delicate balance of[...]
2018-08-15 19:27:06
European major indices end with sharp declines on global fears
Tariffs and economic war/fears send shares lower Although the Turkish lira rebounded again today, that did not slow a move to lower in European equity[...]
2018-08-15 19:27:06
No change in the latest Atlanta Fed GDPNow forecast
Still a solid 4.3% It's still early for Q3 growth estimates but so far it's looking good. The estimate remained at 4.3% after today's data.[...]
2018-08-15 19:27:06
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