News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
Real Time News
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 93.66%, while traders in France 40 are at opposite extremes with 78.64%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/Ccqwc4yWuz
  • Heads Up:🇬🇧 Monetary Policy Report due at 11:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-08-05
  • Heads Up:🇬🇧 BoE MPC Vote Cut due at 11:00 GMT (15min) Expected: 0/8 Previous: 0/9 https://www.dailyfx.com/economic-calendar#2021-08-05
  • Heads Up:🇬🇧 BoE MPC Vote Unchanged due at 11:00 GMT (15min) Expected: 8/8 Previous: 9/9 https://www.dailyfx.com/economic-calendar#2021-08-05
  • Heads Up:🇬🇧 BoE MPC Vote Hike due at 11:00 GMT (15min) Expected: 0/8 Previous: 0/9 https://www.dailyfx.com/economic-calendar#2021-08-05
  • Heads Up:🇬🇧 MPC Meeting Minutes due at 11:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-08-05
  • Heads Up:🇬🇧 BoE Quantitative Easing due at 11:00 GMT (15min) Expected: £875B Previous: £875B https://www.dailyfx.com/economic-calendar#2021-08-05
  • Heads Up:🇬🇧 BoE Interest Rate Decision due at 11:00 GMT (15min) Expected: 0.1% Previous: 0.1% https://www.dailyfx.com/economic-calendar#2021-08-05
  • Traders utilize varying time frames to speculate in the forex market. The two most common are long- and short-term-time frames which transmits through to trend and trigger charts. Learn more about time-frame analysis here: https://t.co/9S5tXIs3SX https://t.co/aF5RFtIgfj
  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.52% Silver: 0.17% Gold: 0.04% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/oXLmJwiI5o
Sound Bites: Fed Officials Clash on Further Easing, RBA Cautious on Economy

Sound Bites: Fed Officials Clash on Further Easing, RBA Cautious on Economy

Lujia Lin,

Federal Reserve Officials

John Williams (FRB San Francisco)

Economic growth must slow significantly and inflation must drop “significantly” below 2-pct target before further measures should be taken – these scenarios are unlikely given the current environment.

Jeffrey Lacker (FRB Richmond)

More action at this point would do little to boost output; Fed should be ready to hike rates even with unemployment above 7 pct; Fed “likely” to raise rates in mid-2013.

Charles Evans (FRB Chicago)

US economy needs more accommodative measures.

Reserve Bank of Australia Governor Glenn Stevens

RBA cuts cash rate target by 50 bps to 3.75 pct. Economic growth “below trend,” in part due to strong Australian Dollar. Inflation to be “lower than expected” over next two years. Housing market continues to be “subdued.”

French Presidential Debate

François Hollande (Socialist Party presidential candidate)

Deficit reduction necessary, but fiscal pact in its current form contains no provisions for growth, will “condemn us to austerity.” Supports Eurobonds, ECB financing of R&D, financial-transactions tax.

Nicolas Sarkozy (incumbent French president)

Financial transactions tax already in place. Does not support Eurobonds, which would mean financing the debts of others.

EU Negotiations on Bank Capital Requirements

Discussions ongoing. Draft proposal allows individual members states to impose capital surcharge of up to 5 percent above Basel III requirements (and up to 3 percent for domestic assets).

Bank of England Governor Mervyn King

Eurozone crisis “far from over.” Economic recovery in UK less robust than hoped. Inflation rate still “too high.” Low rates currently needed to support recovery.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES