Latest data released by SECO – 9 August 2018 – 2.4% – Seasonally adjusted 2.6% vs 2.6% expected – Prior 2.6% ForexLive In-line with expectations and unchanged from the June reading. The seasonally adjusted figure holds firm at the lowest levels since 2008 still. Steady data for the Swiss labour market, nothing to really change…
According to the latest on 42 economists Bloomberg survey – 57% of respondents now see the BOJ taking action after 2019 – Previous survey in July showed only 41% expecting that ForexLive
A rather empty day on the calendar, again RBNZ tilted more to the dovish side There is limited action to come from data releases yet again – as has been the case the whole week – so trading today again will be about the ebb and flow.
Forex and Bitcoin news for Asia trading Thursday 9 August 2018 The session kicked off with the RBNZ monetary policy decision and Statement, with the kicking focused on the NZD.
I spotted this little snippet. Its from a couple of days ago but its a bigger pic view. Its a client note from Commerzbank, and its filed under EUR/USD but isn’t really about the euro
Canadian data next Canadian housing starts are due at 1215 GMT (8:15 am ET) and expected to decline to 219.0K from 248.1K. Estimates range from 215K to 230K. At the bottom of the hour, there will be data on Canadian new house prices along with US initial jobless claims and PPI.
Forex news from the European trading session – 9 August 2018 Headlines: Markets: – GBP leads, NZD lags behind – European equities mixed – Gold up 0.08% to $1,214.93
The headline is crossing wires on social media i.e. Twitter ForexLive Cable back above the 1.2900 barrier taking out resistance at 1.2897-00 as highlighted earlier. Seems like the headline is related to a piece by the Business Insider . h/t @ LiveSquawk
Or at least that’s what this Reuters piece is suggesting ForexLive A doing the rounds now is hinting that there is some rift in Chinese leadership that is caused by trade tensions with the US. If indeed the case, the panda needs to take off the ear muffs and start listening.
No reprieve for the lira since the end of July ForexLive Further escalation in geopolitical tensions between US and Turkey is continuing to weigh on the lira, and with no signs of letting up traders are more than willing to price additional US sanctions on Turkey into the domestic currency.