Friday 17th January: Broad-Based USD Buying Weighs on G10 Peers.

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Key risk events today:  China GDP q/y; China Fixed Asset Investment ytd/y; China Industrial Production y/y; UK Retail Sales m/m; US Building Permits and Housing Starts; FOMC Member Harker Speaks; Prelim UoM Consumer Sentiment. (Italics represents previous analysis and outside sources) EUR/USD: Thursday had the EUR/USD refresh weekly highs at 1.1172 before rotating to the … Continue reading Friday 17th January: Broad-Based USD Buying Weighs on G10 Peers.

US Retail Sales in Focus

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Retail sales data is one of the timeliest economic indicators of consumer spending. According to Henry Hazlitt, author of Economics in One Lesson, US consumers account for approximately 70% of the national economy.

Thursday 16th January: Asian markets take a pause, near all time highs

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Global Markets: Asian Stock Markets : Nikkei up 0.07%, Shanghai Composite down 0.48%, Hang Seng down 0.03%, ASX up 0.67% Commodities : Gold at $1552.95 (-0.07%), Silver at $17.92 (-0.41%), Brent Oil at $64.41 (+0.64%), WTI Oil at $58.21 (+0.69%) Rates : US 10-year yield at 1.797, UK 10-year yield at 0.647, Germany 10-year yield … Continue reading Thursday 16th January: Asian markets take a pause, near all time highs

Wednesday 15th January: Asian markets begin to lose steam

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Global Markets: Asian Stock Markets : Nikkei down 0.45%, Shanghai Composite down 0.54%, Hang Seng down 0.49%, ASX up 0.47% Commodities : Gold at $1551.45 (+0.44%), Silver at $17.84 (+0.54%), Brent Oil at $64.36 (-0.20%), WTI Oil at $58.09 (-0.24%) Rates : US 10-year yield at 1.806, UK 10-year yield at 0.721, Germany 10-year yield … Continue reading Wednesday 15th January: Asian markets begin to lose steam