Will the Fed make the US dollar rise?
The release of the Federal open market committee (FOMC) meeting minutes is scheduled on February 20, at 21.00 MT time.
China July factory surge cools moderately as export orders descend
In July, surge in China's manufacturing sector slowed, backing hopes that the world's second-largest economy will probably drops in the nearer months because borrowing costs ascend along with regulators weigh on riskier types of financing.
Published on Monday, the official Purchasing Managers' Index showed d51.4 in July, sliding from the previous month's outcome of 51.7, though it was still above the 50-point level, separating surge from contraction on a monthly basis.
Experts polled by Reuters had predicted that the outcome would be 51.6, nearly the same as June’s reading.
China reported stronger-than-expected economic surge of 6.9% for the first half, powered by a year-long construction boom, robust retail sales and resurgent exports.
In July, the sub-index for the construction sector tacked on to 62.5 from June’s reading of 61.4, as the PMI survey by the National Bureau of Statistics revealed.
Similar
Greece might end up missing euro zone cash
There’s a likelihood next month that Greece won’t receive up to 750 million euros, it’s expected to get under a debt relief deal with the EU concluded in 2018 because this European country has failed to complete a number of agreed reforms…
ECB will estimate health of bank credit
Next month, the European Central Bank is on the verge of reassessing the outlook for bank lending next month because there’s a likelihood that EU financial institutions could tighten credit supply and drive the current economic deceleration…
Latest news
Forex today: easing geopolitical tensions
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
Common currency ascends ahead of euro zone data
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
Greenback edges down
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
Deposit with your local payment systems
