Market News

German Unemployment Rate (May)


Actual: 5.0% Forecast: 4.9% Previous: 4.9%

29 May 19 (Wed)

07:56 am

US National Security Advisor Bolton: Iran proxies risk strong US response


Iran almost certainly behind the attack on tanker. The US believes Iran behind attacks on vessels in the gulf. Iran proxies risk a strong US response.

29 May 19 (Wed)

06:44 am

Headlines the Economic Calendar on Wednesday


1. German Unemployment Rate German Unemployment Rate will be closely followed today by the market. The market expects the unemployment rate to be to 4.9% in May, the same as a month ago. 2.  Bank of Canada Rate Decisions  The BoC mon...

29 May 19 (Wed)

06:19 am

US CB Consumer Confidence (May)


Actual: 134.1 Forecast: 130.1 Previous: 129.2

28 May 19 (Tue)

02:00 pm

Germany's DIHK cuts 2019 GDP growth forecast to 0.6% from 0.9% previously


Industrial companies are struggling with the slowing world economy The German economy is under pressure Business outlook has deteriorated since the start of the year Expectations for foreign business hit the lowest level in a decade Says "that's an alarm si...

28 May 19 (Tue)

08:12 am

ECB's Villeroy: Maintaining low interest rate environment is completely justified and necessary


This is in light of the current economic situation ECB needs time to assess the impact of negative rates Says that monetary policy also have favorable effects for banks Says impact of low-interest rates on banks should neither be ignored nor blow out of proportion

28 May 19 (Tue)

07:58 am

UK’s Hunt: Would be “political suicide” to pursue a no-deal Brexit through general election


Trying to deliver no deal through a general election is not a solution; it is political suicide. A different deal is, therefore, the only solution – and what I will pursue if I am a leader. I have always believed that no deal is better than no Brexit, but parliament has passed...

28 May 19 (Tue)

07:55 am

Focus on US CB Consumer Confidence Data Today


The data measures the level of consumer confidence in economic activity. It is expected to an outcome of 130.1 in May. A higher than expected reading should be taken as positive for the US Dollar

28 May 19 (Tue)

06:38 am

28 May 19 (Tue)

06:34 am

Breaking News


Russia, China jointly decide to boycott the U.S-led Bahrain economic conference: Barak Ravid.

27 May 19 (Mon)

02:46 pm

Breaking News


EU commission may open discipline process for Italy budget, risking $4B fine

27 May 19 (Mon)

01:31 pm

Pay Attention To US GDP Growth This Week


The minutes of the Fed’s last meeting released Wednesday. Federal Reserve policymakers said their patient approach to monetary policy action could continue for "some time" amid concerns over the sluggish pace of inflation. Trade tensions eased Friday after U.S. President Donald Trump sa...

27 May 19 (Mon)

06:43 am

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

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