Tag: Central Bank Watch

When the going gets tough, the tough get going

When the going gets tough, the tough get going U.S. stocks are trading off their intraday highs late in the NY session weighed down by financials profit-taking ahead of the deluge of bank earnings reports on Friday, robust US economic data had temporarily overshadowed fears over global trade disputes. That was until a late NY […]

Bank of Canada Expected to Hike on Wednesday

The US dollar is mixed against majors on Tuesday. The JPY has lost as risk appetite is back in vogue with investors and the GBP has risen after the market digested the resignations of pro-Brexit members of Theresa May’s government. The Bank of Canada (BoC) will publish its rate statement on Wednesday, July 11 at […]

Bank of Canada Rate Hike OANDA Market Beat Podcast

OANDA Senior Market Analyst Alfonso Esparza reviews the major upcoming market news, macro analysis and economic indicator releases that will impact currencies, stocks other asset classes. Subscription available on iTunes https://goo.gl/TZEWRW and GooglePlay https://goo.gl/cRBk39. Tune in every Tuesday and don’t miss a beat as we cover the hottest trends impacting the markets in the week […]

Live FX Market Analysis – 10 July 2018 (Video)

In this week’s webinar, Senior Market Analyst Craig Erlam discussed the latest Brexit developments as two members of her team resign after an apparently united and productive meeting on Friday. He also talks Trump, after the latest imposition of trade tariffs and ahead of his trip to the UK and the NATO summit, and previews […]

All is quiet on the western trade war front

All is quiet on the western trade war front For a change,  all is quiet on the western trade war front as the drop in aggressive US tariff posturing and the nonfarm payroll after effects have propelled US equity market to the third consecutive day of substantial gains. While traders sit tight awaiting the next […]

Trade war -will cooler heads prevail ?( OANDA Trading Podcast with BFM Radio KL )

Stephen Innes, Head of Trading in Asia-Pacific, OANDA, Singapore On July 6, the US imposed a 25% import tariff on US$34 billion worth of Chinese goods. China has since retaliated, and accused the US of igniting ‘the largest trade war in economic history’. Stephen comments on how trade tensions are affecting market sentiment, versus the economic […]

For the USD , it’s all about this week’s CPI.

For the USD, it’s all about this week’s CPI. Markets dismissed the opening salvo of the  US -Sino trade war as dated news. However, after another Goldilocks NFP,  US stock markets traded positively in the green while the US dollar bears begrudgingly came out of hibernation after US  bond market yields knee-jerked lower. The NFP […]

US-China Trade War Begins OANDA Market Insights – Episode 22

OANDA Senior Market Analyst, Alfonso Esparza reviews the week’s business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week’s big stories: US China trade war begins, US jobs growth higher than expected, UK PM in crunch Brexit talks

Trade Uncertainty Hits Dollar’s Confidence

Trade Uncertainty Hits Dollar Confidence The US dollar fell against major pairs on Friday despite a strong June jobs report due to the impending start of tariffs against Chinese goods and the retaliation from the Asian nation on US exports. The US economy added 213,000 jobs and wages rose 0.2 percent but it is the […]

USD Falters Ahead of Jobs Report and Start of Chinese Goods Tariffs

The US dollar is mixed against major pairs on Thursday. Reports of a zero tariff on auto imports between the EU and the US boosted the EUR as private payrolls and jobless claims disappointed in the US. The USD staged a comeback later in the session with the release of the meeting minutes form the […]