Australia consumer sentiment data for the week – A good jump from 112.5 to 115.1 The employment report last week (big gain for full time work) is being cited as a factor by ANZ
Forex news for trading on July 24th, 2017 An end of day snapshot of other markets show: – Spot gold +0.38%, or+0.3% – WTI Crude oil up $0.64 or 1.42% – US stocks ended the day mixed. The Nasdaq closed at a record level up 0.36%. S&P fell by -0.11%. The Dow was lower by […]
Banned over FX manipulation The Fed has banned ex Barclay trader Michael Weston from working in the banking industry. As per the Fed: The Fed fined Barclays $342 million in May 2015 for engaging in unsafe and unsound practices in the FX market.
Prior month 5.62M (unchanged) The level of sales remains near high levels. The prices are up nicely on the year which is impacted by low inventories.
Former US Fed board member Daniel Tarullo talking to Bloomberg 24 July – Fed may want to start balance sheet regardless of chair – concerned about weakening of CFPB, capital levels Tarullo resigned in April this year having served since 2009 appointed to the Board by President Obama for an unexpired term ending January 31, […]
Your daily thread to exchange trading ideas and discussion 24 July Welcome to another week. Euro on the back foot but finding some dip demand. USDJPY making new session lows. Cable underpinned by EURGBP supply.
Softer session for Japanese equities but off their lows as USDJPY finds support – high 20,002.54 – low 19,901.88
From the IMF’s latest global GDP growth forecasts – not just about Brexit! Those headlines via Reuters more to come
Small but notable movement in early Asia (Its going on 9am in Tokyo and 8 in HK & Singapore – so we are well underway) News and data flow during the morning has been zero. We do have some Japanese data coming up at 0030GMT –
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