Top 10 Weekly Forex Market Headlines – 10.17.2014

Kelvin Ching Updated on
top10 putin troop withdraw

USD vs Major Currencies - % Weekly Change | October 10 ~ 17, 2014

1. Putin orders withdrawal of Russian troops from Ukrainian border

Putin orders withdrawal of Russian troops from Ukrainian borderOctober 13, Russian President Vladimir Putin has ordered thousands of troops stationed near the Ukrainian border to return to their bases, Russian media report. Mr Putin’s spokesman said about 17,600 soldiers on training exercises in the Rostov region would be pulled back. Russia has previously announced troop withdrawals that Nato and the US say were not actually carried out…
2. Catalonia leader to push forward unofficial poll in place of vote

Catalonia leader to push forward unofficial poll in place of voteOctober 14, Catalonia will push forward with a planned November vote on independence, leader Artur Mas said on Tuesday, but in a modified way in an attempt to skirt restrictions imposed by the Spanish courts. The poll will be open to Catalans aged 16 and over and organised by volunteers, without any formal electoral roll…
3. UK inflation down to 1.2% in September, first rate hike seen pushed back to mid-2015

UK inflation down to 1.2% in September, first rate hike seen pushed back to mid-2015October 14, Inflation has slumped to its lowest rate for five years, hitting 1.2% in September and taking pressure off the Bank of England to raise interest rates in coming months. The news took financial markets by surprise and the pound weakened against the euro and the dollar as traders pushed back bets of when the central bank will start to raise rates…
4. U.S. retail sales, producer prices slip in September

U.S. retail sales, producer prices slip in SeptemberOctober 15, U.S. retail sales declined in September and producer prices also fell, worrisome signals on the economy’s health that heightened financial market worries over faltering global growth. The two reports on Wednesday could deepen concerns at the Federal Reserve over the readiness of the U.S. economy to absorb a hike in interest rates…
5. UK unemployment rate drops to 6%, lowest level since 2008

UK unemployment rate drops to 6%, lowest level since 2008October 15, UK unemployment has fallen to its lowest level since 2008, when the fall of the US investment bank Lehman Brothers brought the global economy to the brink of collapse. In a pre-election boost to the UK government, the number of unemployed people fell to 1.97 million between June and August after the largest annual fall since records began in 1972…
6. China inflation slows more than expected in September to near 5-year low

China inflation slows more than expected in September to near 5-year lowOctober 15, China’s consumer prices last month rose at their slowest pace in more than four years, in the latest sign of weakness in the world’s second-largest economy. The figures released on Wednesday by the National Bureau of Statistics reflect sluggish demand conditions, economists said…
7. Germany near recession after ZEW sentiment turns negative in October

Germany near recession after ZEW sentiment turns negative in OctoberOctober 15, Germany’s ZEW institute doesn’t rule out a recession in Germany, after a plunge in the ZEW sentiment survey Tuesday added to evidence that the eurozone’s most powerful economy is on the skids. ZEW President Clemens Fuest said he couldn’t rule out an economic contraction in the third quarter…
8. Eurozone August factory output posts largest drop since Lehman Brother’s collapse

Eurozone August factory output posts largest drop since Lehman Brother’s collapseOctober 15, Factory output across the 18 countries that use the euro slumped in August, driven by the largest decline in the manufacture of capital goods since the months following the collapse of Lehman Brothers, and possibly reflecting a similar decline in global business confidence…
9. Jobless claims in the U.S. fall again, reach 14-year low

Jobless claims in the U.S. fall again, reach 14-year lowOctober 16, The number of new claims for jobless benefits fell to a 14-year low last week, the latest sign of an improving labor market. Initial claims for unemployment benefits fell by 23,000 to a seasonally adjusted 264,000 in the week ended Oct. 11, the Labor Department said Thursday…
10. U.S. foreclosures filings drop 8.6% in September, hit 8-year low

U.S. foreclosures filings drop 8.6% in September, hit 8-year lowOctober 16, Foreclosure activity across the United States declined last month to the lowest level since July 2006, as banks reclaimed fewer homes, according to a report released on Thursday. RealtyTrac, which tracks housing market data, reported foreclosure filings for 106,866 properties across the country…
Kelvin Ching

I'm a professional Forex trader and I have been trading for over 7 years. I was a series 3 broker and a registered CTA with the NFA, the main regulatory agency in the United States, and I have been involved at the highest levels in commodity trading. I also have a background in Information Technology, graphics design, and programming... I'm the co-founder of CurrencyNewsTrading.com, a site dedicated to fundamental analysis and news trading.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *