Nancy Pelosi to Meet with Trade Rep Lighthizer
House Speaker Nancy Pelosi will meet with President Donald Trump’s top trade negotiator Wednesday ...
Archive
US Factory Production Fell in April
Declining output of cars and machinery led U.S. factory production to fall unexpectedly in April, a ...
Steve Bannon Says No Chance Trump Backs Down on Trade With China
There is “no chance” President Donald Trump will back down in the U.S. trade war with China, for...
Weekly US Mortgage Applications Drop 0.6%
Mortgage hunters were not particularly impressed with the latest drop in interest rates. Mortgage ap...
IEA Says Rising US Oil Output to Cover Gap from Iran and Venezuela
The world will require very little extra oil from OPEC this year as booming U.S. output will offset ...
German Auto Sector Could Fall 12% if US Imposes Tariffs
Germany’s automotive sector could fall as much as 12% over “three bad trading days,” if Presid...
Iran Ends Key Nuclear Commitments
Iran is officially ending one of its key commitments to the 2015 nuclear deal, local media reported ...
German GDP Rose 0.7% on a Yearly Basis
The German economy expanded in the first quarter of this year as growth in consumer spending and bus...
Risk Aversion on Weak US and Chinese Data
Both China and US are seeing softer data points ahead of an escalation in tariffs. US stocks opene...
U.S Retail sales declined in April, missing expectations
U.S. retail sales unexpectedly declined in April for the second time in three months, weighed down b...
USD/CAD – CAD trades weaker on BoC preferred inflation measure miss
The annual inflation rate in Canada accelerated slightly in April on broad-based price increases for...
AUD/USD – Australian dollar resumes downturn after soft Chinese numbers
AUD/USD has returned to its losing ways in the Wednesday session. Currently, the pair is trading at ...
European update – Edging lower as US open nears
Markets stable as Trump reassures Wall Street The markets are gradually edging deeper into the red o...
Oil drops on surprise US stockpile rise, but Middle East tensions support
Oil prices fell on Wednesday after data showed a surprise rise in U.S. crude stockpiles and Chinese ...
DAX slips as German automaker shares under pressure
The DAX continues to show sharp swings this week. Currently, the DAX is at 11,932, down 0.49%. In ec...
EUR/USD – Euro flat as Germany, eurozone GDP reports match forecasts
EUR/USD started the week with slight losses, but has steadied on Wednesday. Currently, the pair is t...
Dollar Stuck in a Contained Vortex
Wednesday May 15: Five things the markets are talking about Global stocks are struggling to maintain...
European open – Trump downplays trade dispute
Trumps eases fears with an eye on Wall Street The panic at the start of the week looks to have passe...
Aussie held at lows on China data miss
Sales at 16-year low The growth in China’s retail sales slumped to the lowest since 2003 in Apr...
Daily Markets Broadcast 2019-05-15
Daily Markets Broadcast 2019-05-15 Wall Street bounces on trade hopes US indices recovered most of M...