Canada Industrial Product Price (MoM) registered at 0.5% above expectations (0.3%) in March
Canada Industrial Product Price (MoM) registered at 0.5% above expectations (0.3%) in March
Trump Sons’ Bitcoin Mining Partners Had Run-Ins With Regulators
To break into the cryptocurrency mining industry, Eric Trump and Donald Trump Jr. are teaming up with executives who previously founded a miner with the backing of investors implicated in an illegal penny-stock pump-and-dump operation.
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Opposition Leader Dutton Narrowly Won Third Australia Election Debate, TV Panel Says
Opposition Leader Peter Dutton emerged the narrow winner in a heated third debate with Prime Minister Anthony Albanese, according to a panel of political experts, as early voting began in Australia’s elections.
Opposition Leader Dutton Narrowly Won Third Australia Election Debate, TV Panel Says Read More »
CFA Final Pass Rate Rises to 49% as Test-Takers Choose Specialty
The pass rate for the final level of the chartered financial analyst exam — the first in which test-takers were given a choice of specialty — rose slightly while remaining below the historic average.
CFA Final Pass Rate Rises to 49% as Test-Takers Choose Specialty Read More »
EM Stocks Extend Lead Over S&P 500 as Trump Rattles US Markets
US President Donald Trump’s policy shocks are tilting risk sentiment in favor of emerging-market equities, leading to their biggest outperformance in 16 years over US stocks as investors focus on local growth and earnings.
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CEZ Nears Sale of Nuclear Power Project to Czech State
CEZ AS, the biggest traded electricity producer in eastern Europe, is close to selling a nuclear project to the Czech government, people with knowledge of the matter said.
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Richmond Fed and a handful of Fed speakers on the agenda
The US dollar has bounced back today and that’s led to a give-back of some of yesterday’s “sell America” trade.
I don’t see any game-changers on the economic calendar today as the main highlight is another economic sentiment survey; this time the Richmond Fed manufacturing survey. These have clearly deteriorated as we saw with Empire last week but the market wants to see some hard data showing what’s happening to the economy, particularly employment.
The other front to watch is Fedspeak with Jefferson (9 am ET), Harker (9:30 am ET), Kashkari (1:40 pm ET), Barkin (2:30 pm ET) and Kugler (6 pm ET). So far there has been a strong consensus that the Fed needs to wait on tariff policy and get inflation lower before cutting rates.
This article was written by Adam Button at www.forexlive.com.
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Pound Sterling shows mix performance ahead of flash UK PMI data
The Pound Sterling (GBP) demonstrates a mixed performance against its major peers on Tuesday as investors are cautious over how the Bank of England (BoE) will shape the monetary policy outlook under the threat of Trump’s international policies.
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US Dollar remains on the back foot after Trump lashes out at Powell
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, trades broadly flat on Tuesday near a three-year low, consolidating Monday’s losses.
US Dollar remains on the back foot after Trump lashes out at Powell Read More »
Gold price hits fresh all-time high at $3,500 on ‘loser’ comments from Trump
Gold price (XAU/USD) has hit another record high in early Asian trading on Tuesday, at $3,500. However, price action is cooling off a bit towards the US trading session, and Gold dips back to around $3,450 at the time of writing, due to some profit taking at the psychological level.
Gold price hits fresh all-time high at $3,500 on ‘loser’ comments from Trump Read More »