Market News

Crude Oil Inventories will be published in 15 minutes

US Crude oil stocks are expected to decline by -3.081M this week. Note that oil stocks decreased by -1.085M barrels in last week

10 Jul 19 (Wed)

02:16 pm

Bank of Canada keeps rates unchanged at 1.75%


10 Jul 19 (Wed)

02:02 pm

BoC Interest Rate Decision

Actual: 1.75% Forecast: 1.75% Previous: 1.75%  

10 Jul 19 (Wed)

02:00 pm

Breaking News

S&P 500 breaches above 3,000 level

10 Jul 19 (Wed)

01:53 pm

Fed Chair Powell Testifies in 20 minutes

Fed Chairman Jerome Powell will be the focus of attention as he delivers his semiannual monetary policy report to Congress. The testimony will allow Powell the opportunity to express his outlook on the future path of interest rates with less than three weeks to go before the next policy...

10 Jul 19 (Wed)

01:42 pm

Coming Up: BoC Rate Decision

BoC Rate Decision will be published in 20 minutes. The Bank of Canada is expected to leave interest rates unchanged and raise its forecast for economic growth.

10 Jul 19 (Wed)

01:39 pm

US statement to IAEA: US remains open to talks with Iran without preconditions

Iran's expansion of the nuclear program is an attempt to extort payments from the international community Brinkmanship and extortion tactics will not bring Iran sanctions relief The path the regime is now on will only deepen its international isolation and raise the dangers it...

10 Jul 19 (Wed)

01:06 pm

The USD has moved lower on the back of Chair Powells prepared remarks to Congress

A 'dovish-er' than expected set of prepared remarks from Fed Chair Powell has sparked a bid in Indices and gold as the dollar takes a dive ahead of his testimony 

10 Jul 19 (Wed)

12:54 pm

Powell speech: Weak inflation could be even more persistent than Fed currently anticipates

It appears trade uncertainties and concerns about global economy continue to weigh on u.S. Economic outlook -prepared testimony. Baseline outlook is for U.S. economic growth to remain solid, labor markets to stay strong and inflation to move back up to central bank's 2% target.

10 Jul 19 (Wed)

12:37 pm

Breaking News


10 Jul 19 (Wed)

12:34 pm

European Commission warns of rising downside risks as it cuts euro area economic outlook

Eurozone 2019 GDP growth 1.2% (unchanged) Eurozone 2020 GDP growth 1.4% (previously 1.5%) Euroozne 2019 inflation seen at 1.3% (previously 1.4%) Germany 2019 GDP growth 0.5% (unchanged) Germany 2020 GDP growth 1.4% (previously 1.5%)

10 Jul 19 (Wed)

09:22 am

UK Industrial Production (MoM) (May)

Actual: 1.4% Forecast: 1.6% Previous: -2.9%

10 Jul 19 (Wed)

08:31 am

UK Manufacturing Production (MoM) (May)

Actual: 1.4% Forecast: 2.2% Previous: -4.2%

10 Jul 19 (Wed)

08:30 am

Headlines the Economic Calendar on Wednesday

1. UK Manufacturing Production We will look to a duo of reports on manufacturing and industrial production for an insight into the progress on UK economic growth amid fresh political uncertainty.  Economists’ forecast manufacturing growth in May rose 2.2% from...

10 Jul 19 (Wed)

06:21 am

Fed's Harker: No need for interest rate changes

He sees no reason for interest rate changes Would entertain rate cuts if you believe the economy was weakening substantially Slowing global growth and uncertainty over trade policy have created clear risks to a no change outlook He supported the decision to hold rate...

09 Jul 19 (Tue)

03:01 pm

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