Market News

Dutch PM Rutte says UK withdrawal agreement is not up for renegotiation


Mark Rutte says the deal is not up for renegotiation.  The EU would look weak if it backs down on this and I don't really see them believing in the risk of a no-deal Brexit but the EU has folded a great hand before.

24 May 19 (Fri)

02:52 pm

Atlanta Fed's GDPNow for second quarter of 2019 ticks up to 1.3%


The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2019 is 1.3% on May 24, up from 1.2% on May 16, the Federal Reserve Bank of Atlanta said in its latest GDPNow publication. After the U.S. Census Bureau's releases on new home sales a...

24 May 19 (Fri)

02:46 pm

Trump’s latest tariff increase will cost the typical American household


New Federal Reserve Bank of New York researchers doubled their projections on the impact of the trade war with China Rising tariffs on $200 billion in Chinese imports will translate to an extra $831 in annual costs for the typical American household, according to new projections from Fe...

24 May 19 (Fri)

02:39 pm

UK lawmaker Boris Johnson: We will leave EU on October 31 deal or no deal


It turned out to be quite a good day to be out of London. Question is can the will of the people ultimately prevail? I think it can and must, otherwise, there will be a very bad reaction. Everybody in parliament voted to implement the result of the referendum, trigger Article...

24 May 19 (Fri)

02:27 pm

Keep Your Eye On European Union Elections


European elections taking place on 23-26 May 2019 giving all adult EU citizens the opportunity to select who will represent them in the European Parliament. Eurosceptic parties are widely expected to make a strong showing, which could hamper approval of the next European Commission pres...

24 May 19 (Fri)

02:12 pm

US Core Durable Goods Orders (MoM) (Apr)


Actual: 0.0% Forecast: 0.2% Previous: -0.5%

24 May 19 (Fri)

12:30 pm

Breaking News


EU reportedly said to be preparing for scenario that Boris/Raab tries to change Brexit deal

24 May 19 (Fri)

10:44 am

Breaking News


Theresa May says she will step down on June 7th

24 May 19 (Fri)

09:07 am

Watch Out For US Durable Goods Orders Today


Durable goods orders will be the focus for the market  Durable goods orders are expected to have fallen 2% in April. Core durable goods orders, which exclude autos, are predicted to have edged up 0.2%.  A better than expected realizations may provide some support for the US Do...

24 May 19 (Fri)

06:44 am

Breaking News


Trump-Xi trade war summit at G20 still up in air, China adviser says

23 May 19 (Thu)

02:37 pm

US New Home Sales


Actual: -6.9%  Expected: -2.5%  Previous: 4.5% 

23 May 19 (Thu)

02:02 pm

Breaking News


US Initial Claims 211K, Exp. 215K, Last 212K

23 May 19 (Thu)

12:30 pm

ECB releases the minutes of its April monetary policy meeting


ECB minutes: Confidence in recovery in 2H 2019 somewhat lower However, data is still consistent with the baseline scenario Some recent data has been even weaker than expected ECB should consider whether side effects of negative rates need...

23 May 19 (Thu)

11:39 am

Breaking News


Brexit: Uk Foreign Minister Hunt Says Theresa May Will Be Prime Minister To Welcome Trump To Uk

23 May 19 (Thu)

09:14 am

PBOC's Liu says that FX market is stable, will prevent any disruptions


Says China is able to keep yuan stable Says China has ample policy tools to cope with exchange rate fluctuations FX market condition is stable Economic fundamentals will support the yuan Says that uncertainties won't affect economic fundamentals

23 May 19 (Thu)

08:47 am

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