Germany’s VDMA says engineering orders rose by 10% yy in July

Germany’s VDMA engineering union out with results/comments 31 Aug domestic orders +10% foreign order +9% sees significant double-digit % growth in 2017 exports to China demand is returning from EU countries such as Italy, Spain sees single-digit growth in 2017 exports to US All good on the German engineering front. EURUSD remains around 1.1885 after […]

Trading plan for 31/08/2017

Trading plan for 31/08/2017: The US Dollar remains strong after yesterday’s better than expected data from the US. The currency group of EUR, JPY, CAD and NZD deepened its weakening overnight relative to the still much stronger USD and is trading below the closing of yesterday’s session. On Wall Street, markets were trading in the […]