In the UK, Unemployment Rate will be published today and it is expected to stay to 4.2% as the same as the previous reading. A better than expected reading should be taken as negative for the Sterling. German ZEW Expectation survey will be followed. It is expected to ease to -14.6 from...
Trump said: A lot of progress - really very positive. I think better than anybody could have expected. Top of the line, very good. We're going now for a signing. He gave no further details. Kim had earlier said the meeting was a good prelude to peace, just months after the two leaders t...
There is an historic first meeting between Donald Trump and Kim Jong-un in Asian Session. Mr Trump and Mr Kim will meet in front of the world's media at around 9am local time on Tuesday. Any progress will have to be swift - the North Korean delegation is reportedly scheduled to leave S...
In the UK, Manufacturing Production and Trade Balance will be published in 15 minutes. Manufacturing Production is expected to rise to 0.3% from -0.1% in t...
In the Eurozone, the unemployment rate and inflation figures will be the main releases of the today. Flash Inflation Figures for November are expected to rise to 1.6% from 1.4%. Also, the market expects the unemployment rate to be to 8.9%, the same as a month ago. A lower than expected reading sh...
An important release of the today will be Turkey GDP growth for the first quarter. GDP growth is expected to ease to 7.0% from 7.3% a previous number. A lower than expected reading should be taken as negative for the Turkish Lira.
US Dollar finally pulled back after the six-week bullish trend and the EURUSD showed upward movement and hit the daily resistance level of 1.1812 on easing political tensions in Eurozone. If we look at last week’s economic agenda; The Eurozone economy grew by an annualized 2.5% in the t...
We will focus on US President Donald Trump today and this weekend. He is meeting world leaders at the G7 summit in Canada. The G7 group’s members include; Canada, Germany, France, Italy, Japan, the UK, and the US. They will meet to discuss harmonized growth and the current state of the global eco...
In the UK, Manufacturing Production for April will be an important release of today and it is expected to decline to -0.2% from -0.1% in the preceding month. A lower than expected reading should be taken as negative for the Sterling. Market participants will watch the release of May hou...
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