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Hopes US and China can strengthen communication and control disputes Hopes both sides can reach mutually beneficial agreement Made new progress in important issues during trade talks Reached important step-by-step progress in latest trade talks Willing to s...
1. UK Retail Sales UK Retail Sales will be published today. UK Core Retail Sales excluding auto and gas are expected to rise to 3.0% y-o-y from 2.6% growth in the previous number. A higher than expected reading should be taken as positive for the Sterling.
U.S.-CHINA TRADE TEAMS SAID TO BE FAR APART ON REFORM DEMANDS In closed-door sessions, the sides have failed to narrow the gap around structural reforms to China’s economy that the U.S. has requested
White House economic advisor Larry Kudlow says; The Fed would now hopefully 'step aside.' Kudlow further argued that there could be 'glitches' in the sales figures. Regarding the trade talks, Kudlow said there has been no decision on whether to push the March 1 deadline and an...
The dollar's reaction to the US data was bad. however, if we look at the Canadian dollar, it has fallen sharply on the back of news Manufacturing Sales dropped -1.3% m/m vs. +0.3% expected.
US retail sales badly missed expectations in December: Headline sales dropped by 1.2%, core sales by 1.8%, and the retail control group by 1.7%. Revisions were minimal. Jobless claims also missed with 239K.
1. Eurozone GDP For Q4 In the Eurozone, the Gross Domestic Product will be published today. The GDP is expected to come out at 0.2% q-o-q growth, the same as the previous number. This would lead to an annual realization of 1.2%. A better than expected realization may su...
Trump weighing possibilities regarding China trade deadline White House is looking at every possible option to get full funding needed to build border wall Trump has alternative options to build border wall, will see what the final deal looks like
The Consumer Price Index (CPI) stayed unchanged for the second month in a row December and the annual rate fell to 1.6% from 1.9%. Meanwhile, the core CPI, which excludes volatile food and energy prices, rose 0.2% and 2.2% on a monthly and yearly basis, respectively
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