Forex and Bitcoin news for Asia trading Friday 6 July 2018 Other: Midnight US east coast time is the start of the US tariffs targeting China, and a reciprocal response from China. Note …. this is not fresh news, the date and time have been awaited for a while. The big question is how the…
Friday 6 July 2018 brings the June nonfarm payroll report – here is a preview Posted already: preview via GS: We estimate that nonfarm payrolls increased 200k in June, slightly above consensus
Weekly US initial jobless claims data No surprises here. ForexLive
Employment data from ADP for June 2018 Another solid month for US jobs but with requirements like this, you still have to wonder about wage growth: ForexLive
The USD is weaker on risk off flows ADP will be released shortly The ranges for the day are light today. The USDCAD has only a 27 pip range and the USDCHF is only 42 pips. The EURUSD is leading the way for the majors vs. the USD, with a 61 pip range today.…
ADP employment due up next The US employment survey from ADP is due at 8:15 am ET (1215 GMT). The market is more focused on wage and inflation data recently but the ADP report still always has the potential to be a market mover.
German chancellor Angela Merkel touching on trade related issues – Cuts not just for the US, but for other countries too – Still working on a common position on tariffs including for the autos industry ForexLive
Tech stocks leading the way The trade tensions have taken another back seat as fears of auto tariffs with the EU are abating (for now), but the trade view may change tomorrow as $34B of US/China tariffs are expected to go into effect tomorrow at midnight US time. China is expected to retaliate after they…
Watching 1.1303-16 area German news on Brexit plan That has the pair back down testing a swing area in the 1.3203-16 area. That area had a number of swing levels going back in time (see red circles).