Forex Consulting

Italian economy could grow above 1.5% in 2017

So says economic minister speaking in the press 23 Nov – recovery seen sustainable in 2018-19 – cases of Banca Carige, Creval are not sign of a banking system in difficulty Elsewhere EU’s Moscovici says Italy can’t live with such high debt. Copyright 2015 Forexlive.com

Forex Consulting

Chinese equity markets taking a thumping

A soggy session for Chinese equities 23 Nov CS100 and SCI both down over 2% Could create some risk-off/save-haven sentiment if spreads into Europe USDJPY 111.24 at the moment having survived a test of 111.00. Offers/res now building around 111.50. Long-held rally sell strategy working nicely Copyright 2015 Forexlive.com

Forex Consulting

ForexLive Asia FX news wrap: yen a small mover

Forex news for Asia trading Thursday 23 November 2017 Asia got an early jump on the US Thanksgiving Day holiday with not too much movement in forex. Data flow was light, with New Zealand Q3 retail sales (a beat but well down on the blowout result in Q2), Singapore Q3 GDP and a few other…