A sparse agenda on deed on the data front – 2301GMT brings UK house prices, Rightmove August survey (July results -0.1% m/m and +1.4% y/y) Nothing here to move the forex, it’ll be eyes out for tweets and headlines
Forex and Bitcoin news for Asia trading Monday 20 August 2018 The FX opened Monday morning here in Asia, but I don’t think anyone noticed. There was plenty of weekend news, some of which seems quite significant (Italy, for example). But moves have been very subdued with tiny ranges across the board.
Good morning, afternoon or evening to all ForexLive traders and welcome to the beginning of the new FX week. As is usual for a Monday morning, market liquidity is very thin – it improves as more Asian centres come on online. Prices are liable to swing around on not too much at all, so please…
There are some political shenanigans occurring in Australia today, a potential challenge to the Prime Minister (earlier: ) AUD traders – heads up for some politics – looming challenge to Prime Minister
Bloomberg reporting on comments from Soren Skou, chief executive officer of Moller-Maersk (the world’s biggest shipping company) – US economy will be hit many times harder than the rest of the world by an escalating global trade war
University of Michigan consumer sentiment Current conditions at the lowest since late 2016. Here’s the sub-index: ForexLive That’s an odds drop given the strength in the stock market but it shows that perhaps the trade battle has consumers worried. The worries about
S&P 500 drops a couple points The equity market has bounced around this week and helped to steer the yen crosses and broad risk trade. Today, the S&P 500’s first move is to the downside with the index opening 4 points lower to 2837.
Canadian inflation data for July 2018: Core numbers y/y: – Core common +1.9% vs 2.0% expected (and +1.9% prior) – Core median +2.0% vs +2.0% prior – Core trim +2.1% vs +2.0% prior
Odds of a September hike at 23% Canadian CPI is due at the bottom of the hour. The consensus is for a 2.5% y/y rise. Watch the BOC’s three core measures closely.
Forex news from the European trading session – 17 August 2018 Headlines: Markets: – JPY leads, GBP lags behind on the day – European equities lower, FTSE MIB leads losses