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
Oil - US Crude
Bullish
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
More View more
Real Time News
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.59% 🇳🇿NZD: 0.43% 🇨🇭CHF: 0.39% 🇯🇵JPY: 0.33% 🇦🇺AUD: 0.29% 🇨🇦CAD: 0.22% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/B4ZNWS1nsB
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: France 40: -0.09% US 500: -0.14% FTSE 100: -0.29% Wall Street: -0.30% Germany 30: -0.45% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/K8pJJZxuTM
  • The GOP has rejected the Democrats global offer on an infrastructure agreement - CNN
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.13% Silver: 0.11% Gold: -0.21% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/blZDvtm5lh
  • 🇺🇸 New Home Sales MoM (JUN) Actual: -6.6% Expected: 3.5% Previous: -7.8% https://www.dailyfx.com/economic-calendar#2021-07-26
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 93.88%, while traders in Wall Street are at opposite extremes with 72.92%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/leiNtJOg06
  • Commodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Silver: 0.35% Gold: 0.06% Oil - US Crude: -0.32% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/5GFYVwsGKM
  • Heads Up:🇺🇸 New Home Sales MoM (JUN) due at 14:00 GMT (15min) Expected: 3.5% Previous: -5.9% https://www.dailyfx.com/economic-calendar#2021-07-26
  • A somewhat relatively subdued start to the week for the Euro, with the currency remaining anchored around the 1.18 handle. Get your market update from @JMcQueenFX here:https://t.co/9e9i7pW8DQ https://t.co/54lOyEZbed
  • Indices Update: As of 13:00, these are your best and worst performers based on the London trading schedule: France 40: 0.01% US 500: -0.13% Wall Street: -0.18% Germany 30: -0.22% FTSE 100: -0.23% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/X9yC7S8wfC
IMF Offers Advice for Emerging Markets amidst Global Outlook Concerns

IMF Offers Advice for Emerging Markets amidst Global Outlook Concerns

Daniel Dubrovsky, Strategist

Talking Points:

  • IMF says global recovery continues but growth remains modest and uneven
  • Emerging market outlook affected by commodity prices and global financial conditions
  • Key policy priorities include taking further measures to lift short-term and potential growth

Follow commentary from top officials as it is released with the real-time news feed

Earlier this week, the International Monetary Fund released its quarterly World Economic Outlook report for October 2015. The IMF downgraded its global growth forecasts to 3.1 percent. The IMF also released its most recent Global Financial Stability Report. In it, the IMF warned that years of over borrowing on cheap debt could lead to further future market shocks. Both of these reports made heavy reference to emerging markets coming under heavy pressure which may in turn threaten the global economy.

Today, the IMF released its International and Financial Committee Statement. In it, the IMF said that the global recovery continues but growth remains modest and uneven. Supported by lower commodity prices, accommodative monetary policies, and improved financial stability; advance economies are expected to see their recoveries revived. However, emerging market and developing countries – exposed to tighter financing conditions, slowing capital inflows, and currency pressures – face clear risk.

The current global policy priorities are to take further measures to lift short-term and potential growth, preserve fiscal sustainability, reduce unemployment, manage financial stability risks, and support trade. The committee reiterated their commitment to refrain from all forms of protectionism and competitive devaluations.

Going forward, the report stated that advanced economies should maintain an accommodative monetary stance. Emerging market and developing countries should use their available policy space to smooth the adjustment to less favorable external conditions. It would further warn commodity-exporting countries may need to reassess their fiscal policies should they face lower commodity-related revenue.

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

DISCLOSURES