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.

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
EUR/USD
Bearish
Oil - US Crude
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Wall Street
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Bearish
GBP/USD
Mixed
USD/JPY
Bearish
More View more
Real Time News
  • Heads Up:🇨🇳 Communist Party Annual Meeting due at 00:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-10-29
  • Heads Up:🇯🇵 Retail Sales YoY (SEP) due at 23:50 GMT (15min) Expected: -7.7% Previous: -1.9% https://www.dailyfx.com/economic-calendar#2020-10-28
  • Heads Up:🇯🇵 Foreign Bond Investment (24/OCT) due at 23:50 GMT (15min) Previous: ¥419.8B https://www.dailyfx.com/economic-calendar#2020-10-28
  • The New Zealand Dollar may continue to outperform the haven-associated US Dollar as price breaks above key long-term resistance. Get your $NZDUSD market update from @DanielGMoss here:https://t.co/D1DxtDkJXd https://t.co/7sESxSVQTr
  • - Biden-Trump betting odds continue to show Biden way ahead of the incumbent - Investors should not get complacent – there is precedent for an unexpected win - Gold price decline may accelerate after XAU/USD broke a multi-week uptrend https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/asia_am_briefing/2020/10/28/Gold-Selloff-to-Accelerate-With-Less-Than-a-Week-Until-Election-Day.html
  • GBP/USD looks likely to continue to trade around the 1.30 level as the talks between the EU and the UK on their future trade relationship continue. Get your GBP/USD market update here:https://t.co/RwiU3esd2q https://t.co/8OnddX6Tbb
  • Wall Street Futures Update: Dow Jones (+0.451%) S&P 500 (+0.498%) Nasdaq 100 (+0.530%) [delayed] -BBG
  • What is the US Dollar outlook based on retail positioning ahead of the November 3rd presidential election? EUR/USD may fall as AUD/USD rises. Which way could USD/CAD capitulate? Find out from @ddubrovskyFX here:https://t.co/BVoIcR9anM https://t.co/QMJsW54Ijr
  • Read this now⬇️ https://t.co/FdPt6fBbYD
  • With #Election2020 around the corner, could stock markets predict the outcome? As of today, the #DowJones and #SP500 averaged: +1.86% a year before the election -1.79% 3 months before the vote Historically, what may this mean for the incumbent/Trump? - https://www.dailyfx.com/forex/fundamental/article/special_report/2020/10/28/SP-500-Dow-Jones-Can-Stock-Markets-Predict-Presidential-Elections.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/k9jdS7adQJ
Market Vibrations: News and Commentary from the Europe Desk (1015 GMT)

Market Vibrations: News and Commentary from the Europe Desk (1015 GMT)

2012-03-21 09:55:00
Research, Research Team
Share:

1015 GMT: BOE Minutes released today on the whole pointed to a relatively unchanged picture as the BOE attempts to juggle lagging growth with inflation risks. Board members voted unanimously to keep rates at ultralow levels, while two members supported increasing quantitative easing but were outvoted in a 7-2 vote. Dovish Miles and Posen argued that more is needed to maintain the economy's supply capacity, but the majority of BOE members said they believed increased quantitative easing would send a message that the economy is worse than it actually is. Meanwhile. ECB's Assmusen has been on the wires saying it is time to gradually start preparing for the ECB's exit from crisis mode. Eleswhere, The Japanese government's March report has kept the economic assessment unchanged; the report says the economy is picking up slowly.

0820 GMT:Swiss money supply rose in February by 6.4% on the year; the previous figure was revised down to 7.3%. Meanwhile, a Goldman Sachs report is pushing the case for US equity markets over the coming years, saying the situation of stocks vs. bonds is the most favorable in a generation.

0700 GMT: According to a report, Germany might need to expand its European firewall guarantees to EUR280bln versus the 211bln previously planned. Meanwhile, a bomb has exploded near the Indonesian embassy in Paris; no causalities are reported at this point.

0600 GMT: Today's Asian session closed with currencies strong against the US dollar as risk sentiment picks up (although not drastically). Aussie saw a brief rally after the bureau of resources and energy said it sees higher energy earnings in the future. The New Zealand current account deficit came in a NZD2.8bln, and NZ's FinMin said he expects the deficit to increase. The Fed has been making headlines with Kocherlakota hinting at an exit strategy from recent stimulus measures. Kocherlakota said the Fed can rein in inflation at the appropriate time by raising interest rates that are paid on reserves. He also mentioned that he sees the all-important unemployment gauge in the "high 7s" by 2012's end, and that unemployment should should then drop to the "low 7s" in another year.

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

DISCLOSURES