Fundamental Overview The USD has been weak almost across the board since the NFP report as the softer than expected data triggered a quick dovish repricing and a change in stance for many Fed members. The market is pricing 57 bps of easing by year-end compared to just 35 bps before the NFP release. It’s … Read more
Contributing most to the rise in the Optimism Index were respondents reporting better business conditions and reporting that it is a good time to expand. In contrast to the Optimism Index, the Uncertainty Index increased by eight points from June to 97. Twenty-one percent of small business owners reported labor quality as their single most … Read more
Prior -59.5 Outlook 34.7 vs 39.8 expected Prior 52.7 ZEW notes that financial market experts are disappointed from the US-EU trade deal, with the outlook worsening in particular for the chemical and pharmaceutical industries. And that’s the key reason for the drag in the outlook/economic sentiment index especially. This article was written by Justin Low … Read more
Fundamental Overview The USD has been weak almost across the board since the NFP report as the softer than expected data triggered a quick dovish repricing and a change in stance for many Fed members. The market is pricing 57 bps of easing by year-end compared to just 35 bps before the NFP release. It’s … Read more
Eurostoxx +0.3% Germany DAX +0.1% France CAC 40 +0.5% UK FTSE +0.2% Spain IBEX +0.5% Italy FTSE MIB +0.5% It’s a decent start but still very early in the day. US futures are also keeping steadier after yesterday’s sluggish showing, with S&P 500 futures up 0.1% currently. All eyes are on the US CPI report … Read more
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not … Read more
Prior 3.85% Inflation has continued to moderate Uncertainty in the world economy remains elevated There is a little more clarity on the scope and scale of US tariffs It suggests that more extreme outcomes are likely to be avoided Domestically, private demand appears to have been recovering gradually Labour market conditions have eased further in … Read more
There are a couple to take note of on the board for today, as highlighted in bold below. The first one is for EUR/USD at the 1.1650 level. It’s not one that ties to any technical significance so the impact should be relatively muted. But if anything else, it will help to keep any major … Read more
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not … Read more
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not … Read more
