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
  • Further your forex knowledge and gain insights from our expert analysts on EUR with our free guide, available today: https://t.co/XtydfV5wS6 https://t.co/Iw9haaHAnn
  • The Federal Reserve System (the Fed) was founded in 1913 by the United States Congress. The Fed’s actions and policies have a major impact on currency value, affecting many trades involving the US Dollar. Learn more about the Fed here: https://t.co/ADSC4sr63f https://t.co/raO3gCGqQ6
  • Key levels in forex tend to draw attention to traders in the market. These are psychological prices which tie into the human psyche and way of thinking. Learn about psychological levels here: https://t.co/8A1QhwMVKo https://t.co/rWVlBs6H3c
  • The update to the US Consumer Price Index (CPI) is likely to sway the US Dollar during the Federal Reserve’s blackout period as the central bank braces for a transitory rise in inflation. Get your weekly $USD forecast from @DavidJSong here: https://t.co/JTuP7CLlyi https://t.co/tOvqn3Gdpc
  • Becoming a forex trader means living and breathing the excitement, risk and reward of trading in the biggest and most liquid market in the world. Do you have what it takes? Read here to discover the qualities and processes it takes to build consistency: https://t.co/EfWEACQ6Cz https://t.co/s5dn4ZKnku
  • Becoming a forex trader means living and breathing the excitement, risk and reward of trading in the biggest and most liquid market in the world. Do you have what it takes? Read here to discover the qualities and processes it takes to build consistency: https://t.co/EfWEACyvdZ https://t.co/6VjW5FEiQW
  • Global stocks bounce back from recent pullback as key resistance levels lie ahead. Get your weekly equities forecast from @HathornSabin here: https://t.co/wXSWo1JygD https://t.co/vWVaSEQTXT
  • Do you know how to properly Identify a double top formation? Double tops can enhance technical analysis when trading both forex or stocks, making the pattern highly versatile in nature. Learn more about the double top formation here: https://t.co/t9FlspUVZz https://t.co/9kfBu04auM
  • Dealing with the fear of missing out – or FOMO – is a highly valuable skill for traders. Not only can FOMO have a negative emotional impact, it can cloud judgment and overshadow logic. Learn how you can control FOMO in your trading here: https://t.co/lgDf5ddzFV https://t.co/8GJ6OQYgnW
  • Bitcoin (BTC) started the day on the front foot on the Twitter news before the latest China crypto ban hammered the market lower. Get your weekly crypto forecast from @nickcawley1 here: https://t.co/ZKHGXeVhsR https://t.co/QSltMQml6N
Bank Research Consensus Weekly 10.22.12

Bank Research Consensus Weekly 10.22.12

David Song, Strategist
Bank_Research_Consensus_Weekly_10.22.12_body_BankResearch.png, Bank Research Consensus Weekly 10.22.12

Interest Rates: Rates Edging Higher on Growth Optimism

Peter Possing Andersen, Senior Analyst, Danske Bank

The long end of the rate curves moved higher this week. This was driven by increasing growth optimism, which was partly fuelled by a better-than-expected run in Q3 earnings reports but also by improving economic data from the US and China.All in all, incoming data have provided further evidence that the global economy is bottoming out. This is particularly evident in the US, where the economic surprise index has moved into very positive territory over the past couple of weeks, but also in emerging markets and in Europe the economic surprise indices moved higher this week.

Full Story

Is Chinese Growth Beginning to Stabilize?

John E. Silvia, Chief Economist, Wells Fargo

As widely expected, the real GDP data reported this week in China indicated that the economy slowed further. Specifically, the year-over-year rate of real GDP growth in the third quarter slowed to 7.4 percent—the slowest rate of growth since the global financial crisis—from 7.6 percent during the previous quarter (see chart on front page).

Full Story

Canada – Household Debt Higher Than We Thought

Diana Petramala, Economist, TD Bank Financial Group

Arguably, the juiciest release this week was Statistics Canada’s release of revised National balance sheet data. The revisions showed that the household debt-to-income ratio is 163%, well above the 152% previously reported. The media grabbed onto the fact that the Canadian debt-to-income ratio now tops the pre-recession peak reached by U.S. households.

Full Story

Compiled by David Song, Currency Analyst

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

DISCLOSURES