Forex and Bitcoin news for Asia trading Thursday 19 April 2018 The Nikkei opened better bid again on the session today, helping USD/JPY on its way to a higher session. This is Asia, so the move wasn’t large, but USD/yen popped 107.50 during the Tokyo morning before coming to rest just under there as I…
Speaking at the the European Union’s Economic Affairs Commissioner, Pierre Moscovici, Peterson Institute for International Economics has urged world financial leaders to keep a cool head over world trade disputes. He remarked that protectionism was the the biggest risk to Europe’s robust economic growth this year. He outlined some of his concerns:
The data is due at 0830GMT today, Thursday 19 April 2018 For some strange reason (that I still haven’t figured out) I was expecting it yesterday …. errr … wrong.
Buying the GBP/USD in the month of April has historically been a wise move. Strong seasonal factors are in play which have meant that the GBP appreciates during this month. In fact, over the last thirteen years, the GBP/USD has appreciated every time in the month of April.
Leading economic institutes raise German GDP growth forecast to 2.2 pct this year, 2.0 pct in 2019 via Reuters Highlighting the danger og trade resrticions ….
Quiet day The US major stock indices are ending the day mixed: IBM hurt the Dow. It fell -7.61% on disappointing earnings and profit margins. Banks also suffered again today:
Makes comments at a working lunch with PM Abe and other officials The Pres. says:
Closes up $1.95 or 2.93% on the day The price of crude oil moved higher today and is closing at $68.47. The close is the highest on a continuous chart, since December 2014. Inventories fell today (a 650K build was expected, and there was at -1071K drawdown). Gas and distillates also saw inventories fall.
NZ CPI for the January to March quarter is due at 2245GMT. What to expect? Earlier posts: A couple more now, these via…. TD: ANZ have a detailed preview, I picked up part of the comments on ‘core’:
Forex trading news for NY trading on April 18, 2018 The snapshot of the other markets shows: – Spot gold is up $1.82 or 0.13% at $1349.28 – WTI crude oil futures is up $2.29 or 3.44% at $68.81. It is moving higher in after-hours trading The US stocks were mixed: