Forex Consulting

EU’s Juncker: Confidence in the euro has never been stronger

European Commission president Juncker giving his opinion in an article on newspaper L’echo Nothing substantial. Just some comments about the euro in general. As mentioned many times before, the higher ups in the Eurozone region are quite optimistic on the growth/currency and they have been echoing such sentiments for a while now. Copyright 2015 Forexlive.com

Forex Consulting

China cracks down on consumer lending

Report from China’s 21st Century Business Herald What’s the agenda in China for next year? The market is expecting some measures to cool housing. Today’s report says consumer financing companies have been told to stop extending cash loans without earmarking the proceeds for a specific purpose. Copyright 2015 Forexlive.com

Forex Consulting

US October CPI +0.4% m/m vs +0.4% m/m expected

October US consumer price index data – was +0.1% – CPI y/y +2.2% vs 2.2% exp – Prior 2.0% – Prior ex food and energy 1.8% – Ex food and energy +0.1% m/m vs +0.2% exp Weak report, driven mostly by energy and commodities. The soft real y/y wage growth along with the negative revision…