eurozone

Preparing for a new Brexit vote On Tuesday, March 12, 2019, the House of Commons may vote on terms of the UK’s exit from the European Union. Is there a possibility for a big EURGBP change? Such dynamics indicate the weakening of the euro and the strengthening of the British pound. On March 11...

Positive euro-zone data bullish for EU50 Retail sales increase and private business sector expansion were better than expected in euro-zone. Will the EU50 advance continue? Latest euro-zone economic data were positive: retail sales in January rose more than expected, and private sector...

US stocks fell amid failed negotiations between US and DPRK leaders on Thursday Donald Trump and Kim Jong-un did not agree to conclude a deal for North Korea to abandon nuclear technology in exchange for economic assistance. Their negotiations ended even 2 hours earlier than planned. Investors...

Fed Chairman Powell announced that his department will not rush to raise rates The ICE US Dollar Index noticeably dropped to a 3-week low after the statement by the Fed Chairman. In 2018, the rate increased 4 times. This year its growth is questionable. A significant part of investors believe...

US stock indexes gained in anticipation conclusion of the US - China trade agreement The S&P 500 peaked from November 8 last year on Friday. In accordance with the futures quotations its growth may continue today. The Dow and Nasdaq indices showed an increase for the 9th consecutive week. US...

The demand for investment silver declined last year Sales of silver investment coins and bars in the world decreased in 2018 by 4% compared with 2017. Will the XAGEUR fall? Such a movement indicates the cheapening of silver in euros. The GFMS agency published a report on the world demand for...

Bank of Mexico may cut the rate In this review, we will consider the chart of the euro against the Mexican peso. Is there a possibility for the EURMXN to rise? Such a movement occurs when the euro strengthens and the Mexican peso weakens. The current account balance of Mexico has been negative...

On Monday the US stock exchanges did not work due to the President's Day holiday The ICE US Dollar index almost did not change. Now futures on US stock indexes are being traded with a slight decrease. Significant macroeconomic statistics is not expected to be published in the United States...

Positive euro-zone data bullish for EU50 Consumer confidence in Germany improved for February. Will the EU50 advance continue? The consumer confidence improved in Germany unexpectedly: the GfK consumer confidence index rose to 10.8 going into February 2019 from an upwardly revised 10.5 in...

Better than expected data support EURUSD Euro-zone producer prices and sales rose more than expected in October. Will the EURUSD recovery continue? Recent euro-zone economic data were better than expected: retail sales and producer prices rose more than expected in October. Retail sales rose...

As of the recently released France PMI®, pointed to a 10th consecutive month of private sector growth, as the output index registered a healthy reading of 57.4 in April, which is the sharpest growth in six years. There was an improvement in services and manufacturing sector as the overall...

Fresh data from the German Labour Agency shows a slight drop in the unadjusted jobless rate... Video link to the topic (detalis) >>> https://www.youtube.com/watch?v=shSHcvcpzqU

(BBC News) The recovery among eurozone private sector firms gathered pace in January, a survey has indicated, with growth at its fastest pace since June 2011.The latest Markit Purchasing Managers’ Index (PMI) for the eurozone economy rose to 53.2 from 52.1 in December. A figure above 50...

There are many segments of the global economy that are inter-related, concerned with the strength of the Chinese economy. We do get weekly snippets of statistics which supposedly are an accurate portrayal of economic activity, but can we rely upon those numbers, and do they give us a complete...

With the US Supreme Court decision on Obamacare expected to dominate the (US) news cycle, major corporations chose yesterday to unload some bad news. For JP Morgan Chase, it now appears the London whale's loss will tally up to $9B. Some of these derivative trades are like Hotel California...

There was some recovery in the commodity index values yesterday, but this is after a sell-off of over 20% in the last four months has tamed some of the adventuresome animal spirits in the commodity markets. And, if traders are going to conclude the US inflation is going to perk up, weakening...