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Switzerland Nov UBS consumption indicator 1.67 vs 1.54 prior

Latest data release by UBS AG – 27 Dec 2017 Prior number was revised higher, so shows a slight fall – but still relatively decent. The indicator is a signal of private consumption trends in the Swiss economy. It is derived from six consumer-related parameters: new car registrations, business activity in the retail sector, the number…

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Nikkei 225 closes up +0.08% at 22,911.21

Tokyo’s main index closes higher on the day, still shy of 23,000 Energy stocks are the lead gainers on the day in the Nikkei as oil prices and commodities are closing the year on a firmer note. Meanwhile, most equity markets in Asia are also doing relatively decent – the Hang Seng index is up…

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A summary of the markets on Boxing Day

Canada rings in Boxing day as the strongest currency.  EUR is the weakest The Canadian dollar is the strongest currency as Canada takes the day in celebration of Boxing Day. The loonie has been supported by a Libya pipeline blast that pushed up the price of crude oil by 2.39% on the day.  The weakest…

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Economic data coming up in the European session

What’s coming up on the calendar front today Howdy, everyone! Hope you all had a good Christmas break. Markets are still lackluster – as it is during this week of the year. Ranges today are pretty decent as we’re seeing the USD slump across the board in general. Copyright 2015 Forexlive.com

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Oil and gold get some attention

An audio recap of what happened in markets today Tuesday was super thin and super quiet out there in markets. Currencies were confined to ranges of 2 tenths of a percent, while the stock market did the same. Any of the movement that we did see came from the commodities side, with both OIL and…

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Where dat bitcoin at? Up a lazy +30% from its lows!

A quick look at BTC while we were all having a holiday! OK, maybe not everyone, and definitely not bitcoin traders. Its been a very active Christmas period. While formal exchanges have fixed hours and holiday periods, forex is a little more flexible – Christmas Day and Boxing Day were trade days in Japan, for…

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Crude oil spikes on news of Libya pipeline blast

Crude oil price up by about $1.00. Brent crude up also spikes The price of crude oil has spiked higher on the back of a Reuters report that Libya has lost around 90,000 bpd from a blast on a pipeline feeding  Es Sider port.  NOC was still assessing the damage (according to sources).   Copyright 2015…