Along with today’s report came a batch of revisions that went back many years The big shift in the benchmark revisions was that the 2017 personal savings rate nearly doubled to 6.7% from 3.4%. That means consumers have far more firepower than believed, and that the 4.0% rise in Q2 consumption reported today could be…
Pacific Investment Management Company (PIMCo) analyst Joachim Fels with his view on the USD Thinks that a further USD appreciation in coming months is more likely:
Comments via Reuters from a ‘senior White House official’ Not much to surprise in these comments ForexLive
Forex news for trading on July 26, 2018 In other markets: – Gold down $9 to $1223 – WTI crude up 31-cents to $69.61 US stocks were mixed. European stocks were higher. Below are the % changes and ranges for the major indices:
Good morning, afternoon and evening all and welcome again to Friday. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so:
Earlier in the week came the reports of Trump saying Q2 GDP would be around 4.8% (correct me if wrong on that number) Trump breaking with a long standing convention on not commenting on such data ahead of release. But he had discarded convention with his NFP comments along a similar line a month…
Local press with the report: Now I’m getting’ all parochial! Hope the lads are OK! (ps. Get your footy tips amended if you think you need to 😀 ) ForexLive
In a nutshell, the next Australian Federal election must be held between 4 August 2018 and 18 May 2019 (there are buts but I won’t go into them) Australian Prime Minister Malcolm Turnbull is on the telly here (breakfast TV) and confirms H1 2019 … wasn’t nailed down to a specific date, of course.
I posted earlier on CNN with report Bloomberg now conveying the story: So that’s Trump’s former attorney, but his current attorney: Bloomberg link is here for more
This via China press for the technology people out there Michael Page’s “2018 China Fintech Employment Report” – 92% of fintech enterprises surveyed responded that China currently faces a severe shortage of fintech professionals. I reckon this might bear some resemblance to the situation outside China also.