Fx Primus Rebates

Durable goods and advance trade data coming up

Big data slate coming up A trio of US economic data points are due at the bottom of the hour: Durable goods and trade balance are two of the top numbers due this week so watch out for a US dollar reaction. Core orders (capital goods non-defense ex-air) are forecast to rise 0.5% while the…

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Trump keeps whipping on Harley-Davidson

Retaliatory tariffs from EU increases costs for the iconic American brand Pres. Trump continues to whip on Harley-Davidson by tweeting: Of course the retaliatory tariffs from the EU on Harley-Davidson and a more global business, makes the production in the EU more economical for the iconic American company.  Making goods abroad is just natural if…

Fx Primus Rebates

NZDUSD moves to 7 month lows.

Breaks below swing lows from Oct/Nov/Dec 2017 The NZDUSD has moved to new 7 month lows and in the process has moved below swing lows in the 0.68159-22 area. Those swing lows were in October, November and December 2017. 

Fx Primus Rebates

Kudlow: Trump is not retreating on China

Chief Economic advisor speaking about China Kudlow adds: Whether CFIUS is “less harsh” or not is open to interpretation. If a committee is to decide on the merits of a China action, it seems to me that anything can be be given a thumbs up or thumbs down at any time.