Market News

Trump Says U.S., EU Must Cut All Tariffs Ahead of Key Talks


President Donald Trump said that the U.S. and the European Union should eliminate all tariffs, barriers and subsidies, with the bloc’s trade chiefs set to present him with proposals in that direction in a crunch meeting at the White House later Wednesday.

25 Jul 18 (Wed)

12:24 pm

Keep Your Eye On US-EU Trade Talk


Traders focus on a meeting between U.S. Presiden Trump and European Commission President Jean-Claude Juncker at the White House this afternoon. The meeting comes amid strained trade relations between the European Union and the United States. Trump has already slapped tariffs o...

25 Jul 18 (Wed)

10:11 am

Keep Your Eye On US-EU Trade Talk


Traders focus on a meeting between U.S. Presiden Trump and European Commission President Jean-Claude Juncker at the White House this afternoon. The meeting comes amid strained trade relations between the European Union and the United States. Trump has already slapped tariffs o...

25 Jul 18 (Wed)

10:10 am

German Ifo Business Climate Index


Actual: 101.7 Forecast: 101.6 Previous: 101.8

25 Jul 18 (Wed)

08:01 am

Headlines the Economic Calendar on Wednesday


1. German Ifo Business Climate Index German IFO Business Climate Index will be important data release of today. The index based on a survey of manufacturers, builders, wholesalers and retailers and it measures expectations of German Economic Activity for the next six mo...

25 Jul 18 (Wed)

06:13 am

Turkish Lira Plunges More Than 3% After Central Bank Holds Rates


The Turkish lira plunged more than 3 percent against the dollar after the central bank decided to hold rates steady, USDTRY pair saw the 4.9513 high level The Turkish central bank unexpectedly kept the one-week repo rate unchanged at 17.75% (the overnight lending and borrowing rates wer...

24 Jul 18 (Tue)

11:13 am

Turkey leaves rates unchanged, exp. +100 bps


Central Bank did not change the interest rates TURKEY CBANK: Recent cost-driven developments and volatility in food prices have had an impact on inflation ...

24 Jul 18 (Tue)

11:09 am

Turkey Interest Rate Decision


Policy Rate: 24.00 % ( Previous: 17.75 % )

24 Jul 18 (Tue)

11:01 am

Fed Chair Nominee Powell hearing begins.


Fed Chair Nominee Powell: We expect interest rates to rise somewhat further. Fed to mainly holds Treasuries. Volcker rule should be strongest for biggest traders. Fed balance sheet will be much smaller than current level when it reaches eq...

24 Jul 18 (Tue)

11:01 am

Watch out for Turkey Interest Rate Decision


The rate decision will be announced in 30 minutes. The market’s expectation is that the Central Bank will raise interest rates by 100 basis points. The Turkish presidential election is behind us and today’s Rate Decision will be very critical for Turkish Lira. We might see som...

24 Jul 18 (Tue)

10:27 am

Eurozone Services PMI (Jul)


Actual: 54.4 Forecast: 55.0 Previous: 55.2

24 Jul 18 (Tue)

08:01 am

Eurozone Manufacturing PMI (Jul)


Actual: 55.1 Forecast: 54.7 Previous: 54.9

24 Jul 18 (Tue)

08:00 am

German Services PMI (Jul)


Actual: 54.4 Forecast: 54.6 Previous: 54.5

24 Jul 18 (Tue)

07:32 am

German Manufacturing PMI (Jul)


Actual: 57.3 Forecast: 55.5 Previous: 55.9

24 Jul 18 (Tue)

07:31 am

Headlines the Economic Calendar on Tuesday


1. Manufacturing  and Service PMI Are In Focus  Traders will focus on the report on activity in the manufacturing and service sector from the Eurozone and US today. German Manufacturing PMI is expected to ease to 55.5 in July from 55.9. Eurozone Manufactu...

24 Jul 18 (Tue)

06:20 am

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