Weekly Market Outlook: 15th – 19th Jan 2018

Weekly Market Outlook | Econ Alerts

The Canadian and Australian dollars will be in focus next week as the Bank of Canada holds its first monetary policy meeting of the year, while Australian employment and Chinese growth figures will test the Aussie’s recent bull run. Other highlights will include inflation data out of the UK and the Eurozone. But the US […]

Weekly Market Outlook: 8th – 12th Jan 2018

Weekly market outlook | EconAlerts

Week Ahead – US inflation & retail sales and Chinese trade numbers among next week’s highlights The coming week will feature numerous important releases that definitely have the potential to lead to notable movements in forex markets, though it will lack a release of the magnitude of the US nonfarm payrolls report that hit markets […]

US Dollar in the balance

Jobs | Econ Alerts

Daily Analysis | 05 January 2018 NFP Friday today and the US dollar braces for high volatility across the board. The figures that are forecasted, are for non-farm payrolls to drop to 189K after the previous read of 225K, for the unemployment rate to remain unchanged at 4.1% and average earnings on a monthly basis […]

Nonfarm payroll report – News Preview

The chief economist at Moody’s Analytics Mark Zandi said that “it is a good time to be an American worker” given that the economy has been creating two million jobs each year for the last six years. The US labor market remained resilient, with the unemployment rate falling to multi-year lows in 2017, even after […]

US Dollar comeback

Daily Analysis | 04 January 2018   The US Dollar is on the rise after the release of the FOMC minutes and a number of financial indicators with good results. According to the FOMC’s meeting minutes, policymakers showed worried about the currently low inflation rate, saw recent tax cuts as a possible boost to consumer […]

US Open Financial Markets 2nd Jan 2018

dollars | Econ Alerts

Dollar on the backfoot; Auto shares drag European stocks lower   Here are the latest developments in global markets: FOREX: The dollar was the worst performer among its major peers during early European trading hours as optimism on the Eurozone’s economic outlook and doubts over the effect of the US tax overhaul pushed the dollar index […]

Weekly Market Outlook: 1st – 5th Jan 2018

Weekly Market Outlook | Econ Alerts

Week Ahead – Beleaguered dollar eyes first US jobs report of 2018; December PMI in focus   Markets will begin to get back to normal in the first week of 2018 following the Christmas and New Year breaks. PMI surveys will dominate the economic calendar, but traders will likely be most looking forward to the […]

South Korea to set controls on Cryptocurrencies

bitcoin/usd | Econ Alerts

Daily Analysis | 28 December 2017   South Korea to set controls on cryptocurrencies Media reported that the S.Korean government is about to enforce additional countermeasures regarding cryptocurrencies. The measures may include a ban on opening anonymous cryptocurrencies accounts and enable regulatory authorities to shutdown cryptocurrency exchanges. Also, past warnings were reiterated that virtual currencies cannot […]

Bitcoin regaining momentum?

Daily Analysis | 26 December 2017   Bitcoin regained some of the major losses it had on Friday. The cryptocurrency started to rise again since the European afternoon and has continued so during today’s Asian morning. It could be the case that Asian traders pushed the cryptocurrency’s price back up again. Another interesting fact of […]

Bitcoin on the rise again

bitcoin and dollars | Econ Alerts

Daily Analysis | 18 December 2017   On Friday Bitcoin broke the 17000US Dollars barrier and reached a new all-time high during today’s Asian morning. Despite arguments that there is no clear fundamental reasoning, most analysts tend to agree that the anticipation of the CME Bitcoin futures market opening on Sunday pushed the cryptocurrency higher […]