Archives Tag: MARKET UPDATE
BUSINESS ECONOMY International News
US Non-farm Payrolls Drop Drastically While Non-manufacturing Sector Slows Down
April 19, 2022
The second week of 2014 included a number of significant economic data releases in the European Union, with the German Consumer Price Index (YoY) for December leading the frontline on January 6th, released at 1.4% as expected and acting as a small improvement from the previous month’s 1.3%. The German Harmonised Index of Consumer Prices … Continue reading US Non-farm Payrolls Drop Drastically While Non-manufacturing Sector Slows Down
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US Still Affected by Government Shutdown, as UK Recovers
April 19, 2022
Data in the US got off to a weak start last week, with the Retail Sales figures for September disappointing expectations of a 0.2% rise, having fallen by 0.1%. The poor figure was somewhat vindicated by the fact that sales dropped only in the auto sector, which weighed on the overall percentage for retail … Continue reading US Still Affected by Government Shutdown, as UK Recovers
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Market Update: Confidence Resurfaces in Eurozone
April 19, 2022
Nothing too out of the ordinary emanated from the US last week, with an array of both disappointing and encouraging key economic indicators released. The Consumer Price Index (CPI) rose only 0.1% in August as opposed to July’s figure of 0.2%, with the Labor Department naming high costs in the housing sector as the culprit … Continue reading Market Update: Confidence Resurfaces in Eurozone
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MARKET UPDATE: US Jobs Data Triggers USD Weakness Across the Board
April 19, 2022
The fortunes of the forex market have been hinged almost entirely on the fate of the US dollar in the past few weeks and this was particularly evident after Friday’s disappointing Non-Farm Payrolls (NFP) data was announced and the US dollar weakened against all of the major currencies. After the announcement on Friday, EUR/USD rose … Continue reading MARKET UPDATE: US Jobs Data Triggers USD Weakness Across the Board
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MARKET UPDATE: Uncertain US Fiscal Strategy Causes See-sawing in Market Sentiment
April 19, 2022
The economic uncertainty in the US has led to a see-sawing of market sentiment in recent weeks, bouncing up when positive economic data from the US is revealed and dropping down again when further news is negative. Federal Reserve Chairman, Ben Bernanke has consistently said he will not consider trimming the economic stimulus which is … Continue reading MARKET UPDATE: Uncertain US Fiscal Strategy Causes See-sawing in Market Sentiment
FXTM MARKET UPDATE: USD Strength Spurs Currency Wars
April 19, 2022
The market has experienced substantial volatility in the past few days on the back of Federal Reserve Chairman Ben Bernanke’s statement last week that the Fed intends to taper economic stimulus later this year. Although he has not said when the stimulus will be completely withdrawn, this news has spurred US dollar strength and dragged … Continue reading FXTM MARKET UPDATE: USD Strength Spurs Currency Wars
