US Prelim GDP q/q | May 26, 2017 | Forex Trading

US Prelim GDP release is the second release for the 1st quarter of 2017, which is expected at a slight improvement from the previous release due to a slowing economy.  If we get a surprise today, we should see plenty of market reactions to this release, and I believe a surprise to the upside has […]

US Prelim GDP q/q | February 28, 2017 | Forex Trading

US Prelim GDP release is the second release for the 4th quarter of 2016, which is expected maintain current levels due to sustainable labor market.  If we get a surprise today, we should see plenty of market reactions to this release… 8:30am (NY Time) USA Prelim GDP q/q Forecast 2.1% Previous 1.9% (Advanced Q4 GDP) DEVIATION: […]

Japanese firms to boost domestic capex, less bullish about capital spending in the U.S.

One third of Japanese firms are looking to lift business investment at home in the next financial year, but companies are less bullish about capital spending in the United States due to uncertainty over the Trump administration’s policies, a Reuters poll showed. Japanese auto firms, however, were responsive to President Donald Trump’s campaign to put ‘America First’ with nearly a third looking to boost local procurement and others planning to raise factory utilization rates…

US Advanced GDP (Q4) | January 27, 2017 | Currency News Trading

Because this is the first quarterly release for the 4th quarter of 2016, we are likely to see huge market reactions today, especially if we get at least 0.2% of deviation.  Considering the “Trump” boost, a strong release should add further demand for the USD. Here is the forecast for the US Adv. GDP q/q […]

US Prelim GDP q/q | November 29, 2016 | Forex Trading

US Prelim GDP release is the second release for the 3rd quarter of 2016, which is expected  to rise to 3.0% on further recovery and strong labor market.  If we get a strong reading today, we should see plenty of market reaction, especially considering NFP is scheduled this Friday. 8:30am (NY Time) USA Prelim GDP […]

US Advanced GDP (Q3) | October 28, 2016 | Currency News Trading

Because this is the first quarterly release for the 3rd quarter of 2016, we are likely to see plenty of market reaction, but since we are expecting potential rate hikes at the end of this year, a stronger reading could definitely support the USD, and vice versa on a weaker reading. Here is the forecast […]

US Core Retail Sales | September 15, 2016 | Forex News Trading

US Core Retail Sales is usually a good tradable release and considering the blow out figure we had in the NFP last week, we should expect a very strong reading today, one that could drive USD much stronger for the short-term. Here´s the forecast: 8:30am (NY Time) US Core Retail Sales Forecast 0.3% Previous -0.3% […]

US Core Retail Sales | August 12, 2016 | Forex News Trading

US Core Retail Sales is usually a good tradable release and considering the blow out figure we had in the NFP last week, we should expect a very strong reading today, one that could drive USD much stronger for the short-term. Here´s the forecast: 8:30am (NY Time) US Core Retail Sales Forecast 0.2% Previous 0.7% […]

US Prelim GDP q/q | May 27, 2016 | Forex Trading

US Prelim GDP release is the second release for the 1st quarter of 2016, which is expected to rise from the 0.5% reading on the advanced release.  With the Fed taunting of a “live” meeting in June, any stronger than expected surprise should add to that sentiment. 8:30am (NY Time) USA Prelim GDP q/q Forecast 0.8% […]

US Advanced GDP (Q1) | April 28, 2016 | Currency News Trading

Because this is the first quarterly release for the first quarter of 2016, we are likely to see plenty of market reaction especially considering Wednesday’s FOMC rate decision.  In the event we get a surprise, we should follow the trade plan below and remember only take trades if we get our deviation… Here is the […]

Yen slides, government bonds up on speculation that BOJ could cut rates further

Speculation that the Bank of Japan could effectively start paying banks to borrow its cash caused the yen to tumble on Friday, while U.S. stocks dropped on disappointing earnings reports from some top companies. Shares of Google’s parent, Alphabet (GOOGL.O), dropped 5.9 percent to $733.81, a day after it missed Wall Street targets for first-quarter profit and revenue, and shares of General Electric (GE.N) also were down following results…

Global stocks fall on lower oil prices, U.S. services sector contraction; USD/JPY drops

Stocks across the globe fell on Wednesday on concerns over economic growth but were off their session lows after crude oil futures turned higher following U.S. data.
The first contraction in the U.S. services sector since October 2013 weighed on financial stocks but energy shares cut losses as Brent gained nearly 3 percent. Oil prices rose after strong U.S. gasoline demand offset worries over record high crude stockpiles in the world’s largest economy…

Newsletter

Zero spam.