Forex news from the European trading session – 12 September 2018 Headlines: Markets: – JPY leads, GBP lags on the day – European equities mixed, Italy leads losses after Five-Star report on Tria
Italy’s Five-Star party will seek Tria resignation if it does not get €10 billion for citizens’ income – report
According to a report by news agency Ansa here ForexLive Looks like we’re seeing a possible end to the “good cop, bad cop” role? For some context, Tria has been pushing for the budget to come in around 1.5% to 1.8% in his latest remarks. That translates to something around €5 billion or less and…
OPEC releases its monthly oil market report – Mentions trade tensions, monetary tightening by central banks and EM problems – Global oil demand growth to slow to 1.41 million bpd in 2019 ForexLive
What moved markets on Wednesday There weren’t any breaking developments on the political fronts in Wednesday trade, with all mostly quiet with respect to US administration policy and Brexit updates, while the economic calendar was also exceptionally thin, with the market mostly shrugging off weaker Eurozone industrial production and a softer producer prices read out…
Latest data from the Mortgage Bankers Association for the week ending 7 September – Purchase index 233.5 vs 231.4 prior – Market index 337.4 vs 343.5 prior – Refinancing index 884.3 vs 940.0 prior
A look around the markets as London/Europe exit for the day As London/Europe look to exit for the day, the major stock indices are ending with gains: In the benchmark 10 year debt market, yields are ending mostly lower (with Italy yields down 0.8 bps).
OPEC is to issue their monthly oil market report later ForexLive The August report can be found . Oil prices posted a decent recovery in overnight trading owing a little to a larger-than-expected inventory drawdown . That comes after a bit of a fall following news about hurricanes – in particular Florence and Gordon –…
We’ve heard that one before USD/CAD hit a low of 1.2987 but it found a base there and his bounced back to 1.3010. ForexLive
Comments by former Brexit secretary David Davis ForexLive There’s mounting belief now that May is going to find it tough to push her Chequers plans through parliament and that is going to make things rather difficult when it comes to negotiations with the EU.
Canada August housing starts