Australia – Unemployment rate above expectations 5.6% vs 5.5%

Actual data: 5.6% Expected data: 5.5% Prior data: 5.5% *In the case of economic news, investment banks, market makers and prime brokers may quote broader spreads, sharp moves, gaps, and possible execution at a price different from the stated (the first possible market price). In the first few seconds, performance may be delayed due to […]

CAD is the only currency in G-10 with positive quarter against USD

The Canadian dollar gained Wednesday against the greenback and is the only Group-of-10 currency to hold firm this quarter against the U.S. dollar. Climbing oil prices and rising market expectations for Bank of Canada policy tightening have helped buoy the loonie by 0.6 percent since the end of March, while other currencies from the Norwegian […]

UK – Halifax house prices below expectations -3.1% vs -0.2%

Actual data: -3.1% Expected data: -0.2% Previous data: 1.5% *In the case of economic news, investment banks, market makers and prime brokers may quote broader spreads, sharp moves, gaps, and possible execution at a price different from the stated (the first possible market price). In the first few seconds, performance may be delayed due to the […]

A hint for dollar’s future movement

To discern the dollar’s next direction, keep an eye on the Stoxx 600 Index. European stock moves presaged the greenback’s rallies in September 2017 and April this year, while following the currency lower over January and February. Today’s holiday across the continent means European equities may be delayed in their response to the tariff news. […]

Japan’s economy recovery looks real

Japan’s solidly expanding economy is reason to have faith in local equities. Machine order figures for March, released Tuesday afternoon, indicate the nation’s trade and investment story is alive and well, making the case for a sustained rebound in industrial output. February’s business cycle leading indicator gauge ticked upward as well, while economists expect a […]

Germany – Services PMI above expectations 54.1 vs 53.7

Actual data: 54.1 Expected data: 53.7 Previous data: 53.9 *In the case of economic news, investment banks, market makers and prime brokers may quote broader spreads, sharp moves, gaps, and possible execution at a price different from the stated (the first possible market price). In the first few seconds, performance may be delayed due to […]