Market updates on September 20
We've got some positive news for the British pound and we are awaiting the release of the core retail sales for Canada at 15:30 MT.
Trade, bubbles and major banks threaten the 2018 status quo
After a year of relatively healthy global economic surge, financial experts are predicting the same for 2018, although with minor sight of the three bears.
The very idea is that all is quite much on track for surge, which will be firmer than this year.
Part of this might come from the fact that experts generally got it wrong the previous year, under clubbing 2017’ economic performance, especially for Japan and the euro zone.
The International Monetary Fund saw this year’s global surge at 3.4%, with advanced economies gaining 1.8%. Previously the IMF had the euro zone and Japan soaring respectively 1.5% and 0.6%. Currently it has those regions at respectively 2.1% and 1.5%.
In December, the IMF told that faster surge is reaching approximately ¾ of the world's population.
The given performance has made some market experts optimistic. They tell that for the last 30 years global surge has demonstrated the most impressive self-reinforcing characteristics.
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Market updates on September 19
The European trading session will be highlighted by the events for the British pound. Traders will pay special attention to the BOE meeting at 14:00 MT.
Market updates on September 18
The FOMC meeting is on the agenda. Will the Fed keep its rate on hold or not?
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Market updates on September 20
We've got some positive news for the British pound and we are awaiting the release of the core retail sales for Canada at 15:30 MT.
Oil spikes on the tweet by Iran's foreign minister
The tweet by Iran's foreign minister increased the possibility of tensions in the region. It pushed the oil prices up.
Market updates on September 19
The European trading session will be highlighted by the events for the British pound. Traders will pay special attention to the BOE meeting at 14:00 MT.
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