US Home Sales Fell in January

US Home Sales Fell in January

U.S. home sales unexpectedly fell for a second straight month in January, weighed down by a persistent shortage of houses that is pushing up prices and keeping first-time buyers out of the market. The National Association of Realtors said on...
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USD Higher Ahead of Minutes

USD Higher Ahead of Minutes

The dollar rose to its highest level in a week on Wednesday and world stocks fell for the third day as investors braced for minutes from the Fed’s last policy meeting to see if they would herald more rises in...
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UK Posts Strong Quarterly Productivity Growth in December

UK Posts Strong Quarterly Productivity Growth in December

The UK has seen the strongest two quarters of productivity growth since the recession of 2008, according to the latest data. Output per hour rose 0.8% in the three months to December, the Office for National Statistics said. It follows...
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Eurozone Growth Cools Down But Remains Steady

Eurozone Growth Cools Down But Remains Steady

Eurozone business activity continued to rise at a steep pace in February, albeit with the rate of expansion cooling from the near 12-year high recorded in January. Price pressures and employment growth also remained elevated, though likewise saw rates of...
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UK PM Warned by 62 MPs to Stand Up to EU Regarding Brexit

UK PM Warned by 62 MPs to Stand Up to EU Regarding Brexit

Theresa May has been warned Britain cannot become simply a “ruler-taker” after Brexit, in a letter signed by 62 Tory MPs including Jacob Rees-Mogg this week. The letter urged Theresa May to stick to the Brexit ideals outlined in her...
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USD/CAD – Canadian Dollar Subdued Ahead of Fed Minutes

USD/CAD – Canadian Dollar Subdued Ahead of Fed Minutes

The Canadian dollar has recorded slight losses in the Tuesday session. Currently, USD/CAD is trading at 1.2669, up 0.16% on the day. On the release front, there are no Canadian releases on the schedule. In the US, the key event is the...
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BoE Hearing and Fed Minutes in Focus

BoE Hearing and Fed Minutes in Focus

US Futures Continue to Pare Last Week’s Gains US equity markets are expected to open in the red again on Wednesday, tracking losses in Europe as stocks continue to pare last week’s strong rebound. It’s been a relatively quiet start...
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EUR/USD – Euro Ticks Lower as German Manufacturing PMI Softens

EUR/USD – Euro Ticks Lower as German Manufacturing PMI Softens

The euro has posted small losses in the Wednesday session. Currently, the pair is trading at 1.2317, down 0.16% on the day. On the release front, German and Eurozone Manufacturing PMIs slowed in January. The German PMI dipped to 60.3,...
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Yield-o-Mania

Yield-o-Mania

Yield-o-Mania Global yields ratcheted higher after a stronger than expected jump on Germany’s PPI which bolsters the hotter than expected comprehensive inflation narrative. But it was the jump in US 2-year note yields that provided the extra boost to the...
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Latam Currencies Lower on Tuesday

Latam Currencies Lower on Tuesday

Latin American currencies weakened on Tuesday as the U.S. dollar strengthened worldwide after hitting a three-year low last week. Currencies from Brazil , Mexico and Colombia weakened between 0.3 percent and 0.9 percent. The Chilean peso was barely changed as....
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