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The economist and professor Philip Lane just began his term as the European Central Bank chief economist, with an important monetary policy meeting about to happen on Thursday, where he could (or not) revise the bank's forecasts.
Asian stock indexes were trading mostly lower on Monday, with benchmark indexes pressured by reports that factory activity in Asia contracted in most countries in May, a decline that signals that a global recession may be looming.
This week is likely to see more market activity than last week, with important central bank input due concerning the Euro and the Australian Dollar.
On Friday, May 31, 2019, the markets will be interested in the release of economic calendar data, which usually results in changes in price movements - the economic agenda is a key tool for the basic analysis of the news to predict markets’ performance.
President Donald Trump has once again threatened new tariffs, this time against Mexico, where he tweeted an intention to implement a 5 percent tariff on goods imported from Mexico if illegal immigration from the country to the United States doesn’t stop.
Concerns about the successor to Theresa May have upstaged Brexit worries in the short term and are keeping the Pound trading close to a 4-month trough.
On Thursday, May 30, 2019, the markets will be interested in the release of economic calendar data, which usually results in changes in price movements
The head of a Japanese business Lobby suggested the government proceeds with the expected tax hike in October since the Japanese population is aging rapidly.
Asian stocks were trading lower on Thursday after new trade threats from China stoked new fears that the trade war between the United States and China will be long, and perhaps, brutal.
The Pound Sterling continues to trade within striking distance of a 4-month trough versus the Euro as FX traders prepare for a worsening political situation between now and the October Brexit deadline.
US consumer confidence has increased more than expected amid weak US stock indexes and rising US-China trade tensions.
The British premier, Theresa May, said she regrets not delivering the Brexit, blaming it for the results of the European Elections, which uplifted the Brexit Party and the UKIP at expense of the conservative party.
Oil prices slumped during Wednesday’s Asian trading session, even after a positive session on Tuesday that was prompted by supply disruptions in the Midwest United States.
The Pound Sterling is trading close to a 4-month trough as investors debate the likelihood that the successor to Theresa May will result in a hard crash out of the European Union.
On Tuesday, May 28, 2019, the markets will be interested in the release of economic calendar data, which usually results in changes in price movements