Рубрика: News

News forex

Natural gas futures up over 5%. Crude oil up about 1%

There is a move higher in energyThe Natural gas futures are up about 5.5% on the day and Crude oil futures are up 1%. Yesterday, the IMF raised growth prospects. Is that giving the energy complex some upside momentum?  Perhaps. It does not hurt.  Colder weather is also sopping up supply.  The rise in the oil […]

Canada’s PBO sees 2017-18 federal deficit at CAD 18.5bln

Canada’s Parliamentary Budget Office reporting from Ottowa 23 Jan estimate smaller than govt’s of CAD 19.9bln PBO see smaller deficit on lower spending estimate govt’s long-term fiscal path is sustainable The Parliamentary Budget Officer provides independent analysis on the state of the nation’s finances, the government’s estimates and trends in the Canadian economy; and upon […]

USD wobbles again after weaker Philly Fed data

Philadelphia Fed Non-Manufacturing Regional Business Activity Index out a short while ago 23 Jan Jan  19.5 vs 29.4 prev Firm-Level Business Activity Index Jan: 29.3 (prev 20.6) New Orders Index Jan: 21.6 (prev 12.2) Full-Time Employment Index Jan: -0.4 (prev 10.5) Wage And Benefit Cost Index Jan: 29.9 (prev 33.9) We didn’t have it scheduled anywhere […]

AUDUSD also on the back foot but buyers lurking

It’s not just GBP that’s taken a bit of a pounding today 23 JanAUDUSD failed above 0.8030 again as I’ve highlighted previously today but the retreat has gained momentum with Chinese tax plans suggesting concerns over the Chinese economy among reasons causing the wobble. US imposition of 30% solar tax not helping either.Currently 0.7971 after lows of […]

Pound posts further losses as NA desks enter the fray

GBP sellers still prevailing as we wait on North American traders and botsGBPUSD now posting session lows of 1.3916 and EURGBP up to 0.8792 to continue the retreat from 1.4004 and 0.8762.GBPJPY also a decent mover this morning and been playing out on both core pairs.  Currently on session lows of 153.79 with USDJPY capping […]