Market News

Crude Oil Inventories


Actual: -2.566M Forecast: -0.686M Preivous: -5.836M

29 Aug 18 (Wed)

02:30 pm

Crude Oil Inventories will be published in 15 minutes


US Crude Oil Inventories is expected to decline by -0.686M this week. Note that oil stocks declined by -5.836M barrels in last week. We might see some fluctuations in the Oil price.

29 Aug 18 (Wed)

02:16 pm

Breaking News


 The GBPUSD leaps 100 pips as Barnier offers a special Brexit deal Barnier said; We are prepared to offer Britain partnership unlike with any other country

29 Aug 18 (Wed)

02:03 pm

US Pending Home Sales (MoM) (Jul)


Actual: -0.7% Forecast: 0.3% Previous: 1.0%

29 Aug 18 (Wed)

02:01 pm

US GDP for Q2 comes out better than expected


The US real gross domestic product increased at an annual rate of 4.2% in the second quarter of 2018, better than 4.1% originally estimated and 4.0% consensus forecast.

29 Aug 18 (Wed)

12:34 pm

US GDP Price Index (QoQ) (Q2)


Actual: 3.2% Forecast: 3.0% Previous: 3.2%

29 Aug 18 (Wed)

12:32 pm

US GDP (QoQ) (Q2)


Actual: 4.2% Forecast: 4.0% Previous: 4.1%

29 Aug 18 (Wed)

12:31 pm

US GDP (Q2) will be published in 15 minutes.


The data is expected to show that the economy grew at a 4.0% annual rate in the April-June quarter, a slight downward revision from a preliminary estimate of 4.1%. That would still be the highest reading since the third quarter of 2014. The current U.S. economic expansion, alr...

29 Aug 18 (Wed)

12:16 pm

Turkish Lira Tumbles As Central Bank Intervention Fails


The Turkey’s lira tumbled as much as 3% against the dollar, making it the worst performing currency in the world, and extending its slump to a third day after the central bank announced it double banks' borrowing limit for overnight transactions at the interbank money market - effectively tighten...

29 Aug 18 (Wed)

11:48 am

Headlines the Economic Calendar on Wednesday


1. Watch out for US GDP growth We will focus on the US GDP for the second quarter. The data is expected to ease to 4.0% annual rate from a previous number of 4.1%. A stronger than expected economic growth would support the US Dollar. 2. US Pending Home...

29 Aug 18 (Wed)

06:20 am

Turkish FinMin: Do not see big risk to economy


The Turkish Finance Minister Berat Albayrak noted: “We do not see a big risk about Turkey’s economy or financial system,” when asked about the biggest risk for 2019. Separately, the Turkish central bank doubled banks’ borrowing limits for overnight transactions at the interbank money ma...

29 Aug 18 (Wed)

06:17 am

US CB Consumer Confidence (Aug)


Actual: 133.4 Forecast: 126.7 Previous: 127.9

28 Aug 18 (Tue)

02:01 pm

Breaking News


GERMANY IS SAID TO CONSIDER OFFERING TURKEY FINANCIAL HELP

28 Aug 18 (Tue)

12:37 pm

US Goods Trade Balance (Jul)


Actual: -72.20B Forecast: 68.60B Preivous: -67.92B

28 Aug 18 (Tue)

12:36 pm

The U.S and Mexico reached a trade agreement.


The US and Mexico have reached common ground on key trade terms as pressure mounts to complete renegotiation of the 25-year-old North American Free Trade Agreement. US President Donald Trump, a frequent critic of the existing deal, announced the apparent breakthrough on Monday. The fina...

28 Aug 18 (Tue)

08:37 am

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