Latest data released by the Japanese Machine Tool Builders’ Association – 9 August 2018 – +11.4% ForexLive The reading measures the change in total value of new orders placed with Japanese machine tool manufacturers. A slight uptick in factory orders and that is a welcome improvement after the declining trend we have seen for much of…
A small dip in the Q3 GDP model In their own words: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is
Daily thread to exchange ideas and to share your thoughts ForexLive Some market themes to consider: Other than that, it’s been a typical twilight zone period between Asia and Europe trading so far. What is your take on the market right now? Share your thoughts/ideas with the rest of the ForexLive community here. 🙂
US June wholesale data ForexLive
Bahrain trying to avoid devaluation Bahrain is in the midst of a financial squeeze and is in danger of a devaluation. You can see the battle over the past six-weeks to maintain the peg to the Bahraini dinar.
US June PPI data Year-over-year numbers: – Final demand +3.3% vs +3.4% exp – Ex food and energy +2.7% vs +2.8% exp – Ex food, energy and trade +2.8% vs +2.7% prior
Canada June new housing price index ForexLive
Continuing claims come in at 1755k vs. 1730K estimate The US initial jobless claims came in better than expected at 213K vs 220K expected. Employment trends for claims remain steady/strong near record low levels.
Housing starts for July ForexLive
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.