CA Core CPI | June 17, 2016 | Currency News

CA Core CPI is likely a high impact release for Canada however with recent volatility in Crude prices, a strong release may not change CAD’s long-term trend, but if it were to surprise to the upside, it will surely add to the trend… Here´s the forecast: 8:30am CA Core CPI m/m Forecast 0.3% Previous 0.2% […]

Top 10 Weekly Forex Market Headlines – September 4, 2015

1. U.S. manufacturing sector slows in August to over two-year low: ISM September 1, The pace of growth in the U.S. manufacturing sector slowed in August to its weakest in over two years, according to an industry report released on Tuesday. The Institute for Supply Management (ISM) said its index of national factory activity fell […]

Top 10 Weekly Forex Market Headlines – August 28, 2015

1. Global stocks sink after near 9 percent dive in China shares August 24, World stock markets plunged on Monday, after a near 9 percent dive in China shares and a sharp drop in the dollar and major commodities sent investors rushing for the exits. After dropping more than 1,000 points, or almost 7 percent, […]

Top 10 Weekly Forex Market Headlines – August 7, 2015

1. Greek shares plummeted on opening day after five-week shutdown August 3, Investors issued a vote of no confidence in Greece’s economy on Monday, dumping Greek stocks as trading on the Athens stock exchange resumed for the first time in five weeks. A plunge of more than 16 percent for the main Greek index and […]

Top 10 Weekly Forex Market Headlines – 06.05.2015

1. China manufacturing contracts for 3rd straight month as export orders near 2-year lows June 1, Activity in China vast factory sector shrank for a third consecutive month in May as export orders contracted at the sharpest rate in nearly two years, a private survey showed on Monday, suggesting China remains locked in an economic […]

Top 10 Weekly Forex Market Headlines – 05.22.2015

1. No end in sight yet to low rates, easy monetary policy May 18, Prospects for a step-change in global economic growth are better than they have been in many years, but much depends on solid evidence that an awful first quarter for the United States is far in the rear-view mirror. With Wall Street’s […]

Top 10 Weekly Forex Market Headlines – 05.15.2015

1. Global stocks ease after China rate cut, Grexit fears May 11, Global equity markets eased on Monday after a cut in Chinese interest rates initially kept shares near record highs, but a lack in progress in resolving Greece’s financial woes weighed on stocks and weakened the euro against the dollar. Gains by mining stocks […]

Top 10 Weekly Forex Market Headlines – 05.08.2015

1. China HSBC/Markit PMI index hits 1-year low in April May 4, China’s factories suffered their fastest drop in activity in a year in April as new orders shrank, a private business survey showed on Monday, hardening the case for fresh stimulus measures to halt a slowdown in the world’s second-largest economy. The latest indication […]

Top 10 Weekly Forex Market Headlines – 04.24.2015

1. Kuroda says BOJ is making progress on raising Japanese inflation April 20, The Bank of Japan ’s leader said his institution is making real progress in its efforts to raise Japanese inflation back toward desired levels. Gov. Haruhiko Kuroda, in a speech here Sunday, said based on recent data, “there is no doubt that […]

Top 10 Weekly Forex Market Headlines – 04.10.2015

1. Bank of England likely to leave rates unchanged at 0.5% this week April 6, While economists are divided over when the Bank of England will end this current spell of steady interest rates, no one expects rates to match their 1940-1951 run The Bank of England is expected to leave interest rates on hold […]

Top 10 Weekly Forex Market Headlines – 04.03.2015

1. Yellen signals rate hikes likely to start later this year March 30, Federal Reserve Chair Janet Yellen signaled that the U.S. central bank will likely start raising borrowing costs later this year, even before inflation and wages have returned to health, but emphasized the return to normal interest rates will be gradual. A downturn […]

Top 10 Weekly Forex Market Headlines – 03.27.2015

1. Japan PM Abe, BOJ chief Kuroda’s fiscal friction could blunt impact of ‘Abenomics’ March 23, A rift is emerging between Prime Minister Shinzo Abe and his hand-picked central bank boss on how to fix Japan’s tattered finances, which could blunt the impact of the “Abenomics” stimulus policies they have worked together to prosecute. Two […]

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