Forex News

Performance of Manufacturing Index (PMI) – Staying The Course

The manufacturing sector remains in expansion mode, despite some aspects of the results that need to be watched closely in the months ahead,

Consumer Sentiment – July 2014

The Westpac-Melbourne Institute Index of Consumer Sentiment rose by 1.9% to 94.9 over July consolidating on June’ssmall 0.2% rise,

ECB Noyer: ECB Actions Needed To Prevent “Perverse Feedback Loop”

European Central Bank Governing Council member Christian Noyer warned on Tuesday that the

NAB Business Survey – June 2014

Business conditions rose to +2 in June from -1 in May, now at their highest level since January and ending the downward trend that has emerged since the start of the year.

BOC State of Play:Tepid Biz Outlook Survey May Reinforce BOC Stance

The Bank of Canada was reinforced Monday by the vast majority of Canadian businesses surveyed in believing that inflation,

ECB Coeure: Rates To Stay Low For Long Period

European Central Bank Executive Board member Benoit Coeure said Sunday that key ECB rates would remain “very close to zero” for a prolonged period,

ECB Noyer: Weak Monetary Policy Impact On Inflation Surprising

European Central Bank Governing Council member Christian Noyer said Saturday that while it was “very exaggerated” to talk about deflation in the Eurozone,

Sweden: Very weak production and orders

Following the sharp rise of 2.8% m/m in April, we saw a big drop by 3.2% m/m in May manufacturing production.

US: Another strong labour market report

Today’s US labour market report was very strong. More jobs than expected had been created in June and the unemployment rate dropped significantly.

Nonfarm Payroll give US Dollar Much Needed Boost

Going into today’s US nonfarm payroll release expectations were for a strong number with many believing there’d be a better figure than the expected 215k and

Retail Trade – May 2014

May’s fall in retail trade differed from market expectations which were centred on a flat outcome {CBA (f) -0.2%}.

Fed Yellen: Macroprud, Not Monetary Policy Should Address Fin Instability

While some pockets of risk in financial markets exist, Federal Reserve Chair Janet Yellen said Wednesday