Forex Consulting

President Trump to speak at 3 PM ET/2000 GMT.

Back from his trip to the Far East Pres. Trump, back from his 12 day trip to the Far East, will make an “announcement” at 3 PM ET/2000 GMT.  The White House official says the President is likely to speak on trade, North Korea and possibly GOP state candidate Ron Moore (which is getting more…

Forex Consulting

AUD tests under 0.7600 after the miss on Q3 wages data

Data is here: Australia – Q3 Wage Price Index 0.5% q/q (exp 0.7%) That 0.7% expected was on both the Bloomberg and Reuters poll … so disappointment is widespread. The point about slow wage growth is it is holding back spending and thus economic growth. Combine that with high levels of household debt and now…

Forex Consulting

France final Oct CPI mm 0.1% as expected

France final Oct CPI data just out 15 Nov No surprises fyi – 0.1% flash – yy 1.1% as exp/flash – HICP mm 0.1% as exp/flash – yy 1.2% as exp/flash – CPI ex tobacco index 101.40 vs 101.41 exp vs 101.3 prev Euro suitably unfazed at 1.1804 in retreat from 1.1817 highs but EURJPY…