Weekly Focus – European Industry Grows for the First Time in Three Years
[ad_1] This week’s main data highlights were the PMI reports for August. In the euro area, the report showed the…
Category: Forex Market
Canada’s Q2 GDP Growth Flat as Household Spending Offsets Trade Weakness
[ad_1] Canada’s gross domestic product report next Friday is expected to show zero growth in Q2─a sharp cooling from the…
Japanese Yen remains depressed amid BoJ rate-hike uncertainty
[ad_1] The Japanese Yen struggles to lure buyers despite slightly higher-than-expected inflation figures. The uncertainty over the likely timing of…
Canada will match US exemptions to punishing tariffs, Canadian official says
[ad_1] TORONTO (AP) — Canada is dropping retaliatory tariffs to match U.S. tariff exemptions for goods covered under the United…
Chair Powell Signals FOMC Bias to Easing, Leaving the Door Open to September Cut
[ad_1] At the Federal Reserve Bank of Kansas City’s Jackson Hole Economic Symposium, Fed Chair Jerome Powell delivered a much-anticipated…
Week Ahead – US GDP and PCE Data to Mark a Relatively Light Week
[ad_1] Accelerating US PCE could weigh on Fed rate cut bets. Euro traders eye CPI data from Italy, France and…
Dow Jones explores the low side as earnings doubts ripple through markets
[ad_1] The Dow Jones saw its lowest figures in over a week on Thursday. Equities are extending a near-term backslide…
Halliburton (NYSE:HAL) Earns Buy Rating from Analysts at Melius Research
[ad_1] Melius Research began coverage on shares of Halliburton in a research report on Wednesday. They set a “buy” rating…
Sunset Market Commentary – Action Forex
[ad_1] Markets Fed chair Powell’s long-awaited speech in Jackson Hole highlights that the balance of risks between the Fed’s price…
Powell’s subtle Jackson Hole signal: Risk balance my warrant Fed shift; Dollar sinks
[ad_1] Dollar fell sharply after Fed Chair Jerome Powell hinted that the case for rate cuts may soon strengthen. Speaking…