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Brexit has been dominating market news and will continue to remain an important fundamental indicator affecting Sterling currency pairs. It is said that the importance of a decision is how easily it can be reversed.Read More
If you are interested in buying or selling "oil," what should you do? You can't just buy "oil," like you can buy "gold," because there are so many different kinds of oil from different places.Read More
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Brexit all the way today!
Once again, it’ll be Brexit all the way today. This comment is being written before the results are known, but on the assumption that the market was correct and they vote ...
UK Brexit referendum; preliminary European PMIs
There are some other things on the schedule today, but of course the markets will be holding their collective breaths while waiting for the results of the Brexit referend ...
Canada retail sales, US existing home sales, EC consumer confidence
There are no major indicators during the European day Wednesday. When North America wakes up, the Canadian retail sales will be first on the agenda. Retail sales there sh ...
US housing starts, Canada CPI
If you didn’t get a chance to read the full transcript of Fed Chair Janet Yellen’s press conference yesterday or the minutes of the Bank of England meeting, you may have ...
SNB meeting, BoE meeting, US CPI
Continuing on with the string of central bank meetings, the European day starts with the Swiss National Bank (SNB) meeting. Analysts unanimously expect no change in rates ...
German & UK trade data, Canada new house price index, US wholesale inventories
The German trade & current account balance starts the day off in Europe. Both surpluses are expected to fall substantially. This indicator doesn’t usually have that much ...
UK industrial production, RBNZ OCR decision, China CPI
The day starts out with the industrial production data from the UK. German IP, released yesterday, was slightly better than expected, but recently German production has b ...
German IP, Japan GDP, Japan & China trade data
While German industrial production is expected to have rebounded in April, I’m not sure that’s significant any more, given the sharp decline in factory orders during the ...
US nonfarm Payrolls
It’s NFP day today – the market will naturally focus on today’s nonfarm payroll figure. After yesterday’s astonishing spot-on ADP report – the first time I can remember t ...
ECB meeting, OPEC meeting
A busy day in Vienna today with both the ECB meeting and the OPEC meeting taking place there! First up is the UK construction PMI. Ordinarily I’d say that if it’s unchan ...
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