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- Submitted Jun 28, 2019|From orbex.com
This week, the monthly gross domestic product will be coming out. The GDP data covers the month of April. Estimates point to a slower pace of increase of just 0.2% on the month. This follows the 0.5% gain seen in March. In the first quarter, ...
- Submitted Jun 25, 2019|From orbex.com
Given the rate cut during the last meeting, there is a pretty broad consensus that we won’t be getting any action out of the RBNZ this time around. That doesn’t mean we won’t get a reaction from the markets, however. This is especially true since ...
- Submitted Jun 24, 2019|From orbex.com|11 comments
On Friday, peripheral bond yields in Europe took a turn for the worse (that is, they rose). This came after several prominent analysts pointed to private rhetoric by officials in Rome to say “arrivederci” to the EU. This isn’t a new development. ...
- Submitted Jun 21, 2019|From orbex.com|1 comment
Gold Bulls React to Policy Guidance and Geopolitical risks Gold climbed above $1,400/oz today, perhaps for a false weekly break. It set up for the fourth weekly winning streak on the back of a dovish Fed and increasing geopolitical risks. The yellow ...
- Submitted Jun 20, 2019|From orbex.com|1 comment
It’s PMI day! Well, not quite. Tomorrow we get preliminary PMIs from the big players in Europe. This data does tend to move the markets quite a bit. With the Fed behind us, it’s actually the last major data release that could inject volatility ahead ...
- Submitted Jun 19, 2019|From orbex.com
Coming up tonight we have the official release of the Q1 GDP statistics from New Zealand. Despite the government’s attempt to move the country’s metric of economic health away from cold math towards their new concept of “wellness”, the figure is ...
- Submitted Jun 13, 2019|From orbex.com
Risk aversion was back in the markets with the safe haven assets outperforming. The US dollar index was also seen rising on the day on Wednesday. Trade spats from Washington and Beijing lowered the prospects of any trade deals that could be reached. ...
- Submitted May 31, 2019|From orbex.com|1 comment
Statistics Canada will be releasing the monthly GDP for the month of March and also the first quarter GDP report today. The data comes as the Bank of Canada held interest rates steady at its monetary policy meeting earlier this week. The somewhat ...
- Submitted May 30, 2019|From orbex.com|1 comment
There is only one event on the economic calendar for China this week. However, it’s of utmost importance and could influence quite a few currencies around the globe. In fact, it could impact not just currencies, but commodities and equities. So it’s ...
- Submitted May 29, 2019|From orbex.com
There are major data releases coming out of Australia this week. The most important and therefore most likely to move the market is quarterly capital expenditure. This is an important measure of where private enterprises are both investing and ...
- Submitted May 28, 2019|From orbex.com
The Conference Board’s consumer confidence report will be coming out today. According to economists polled, CB’s consumer confidence index could rise, reflecting an uptick in consumer sentiment. The consumer confidence index is forecast to rise a ...
- Submitted May 27, 2019|From orbex.com
The economic calendar for the week ahead will see GDP themes and monetary policy dominating the headlines. This comes against the larger backdrop of the escalating trade wars and political changes. Switzerland, Canada, and the United States will be ...
- Submitted May 27, 2019|From orbex.com
Following a volatile week, we start today with both the US and UK markets closed due to bank holidays. This leaves most of the heavy lifting to the Asian and Frankfurt markets. Economic data is sparse. Over the weekend, the EU parliamentary ...
- Submitted May 24, 2019|From orbex.com
Aircraft and Vehicle Orders Expected Lower Posing a drag on the durable goods orders, aircraft orders from Boeing and weaker vehicle sales hint towards the smaller pace of growth. The auto vehicle sales for April disappointed expectations. ...
- Submitted May 23, 2019|From orbex.com
Closing out the week for Japan, we have some important data that could move JPY pairs. With the recent moves by central banks around the world, there is speculation around what the BOJ might do. Their easing policy is the longest in history, ...
- Submitted May 23, 2019|From orbex.com
Crude oil prices were knocked sharply lower this week as the latest industry reporting weigh on sentiment. The weekly Energy Information Administration report showed that US crude stores unexpectedly rose, once again, by 4.7 million barrels in the ...
- Submitted May 22, 2019|From orbex.com
The euro is in for a busy day tomorrow. A host of key data points is scheduled for release during the day. The most important ones are related to the largest economy in the eurozone. We had a bit of a positive surprise out of Germany lately, and we ...
- Submitted May 21, 2019|From orbex.com|12 comments
When it comes to either speculating or investing in the financial markets, there are two main approaches. The first being fundamental analysis and the other being technical analysis. Both these fields of study of the financial markets are different. ...
- Submitted May 20, 2019|From orbex.com
We are expecting some volatility in the NZD tonight thanks to the release of the first major economic data for the week. Unlike other countries, New Zealand only reports its retail sales data once every quarter. Therefore, the data tends to have a ...
- Submitted May 17, 2019|From orbex.com|2 comments
Tomorrow, Australians are heading to the polls for the federal elections. The elections will determine their legislature and new Prime Minister. Elections usually generate some market volatility as investors digest the change in government, and what ...