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| US consumer confidence seemed to be strong during the summer months. In July, consumer confidence index rose to a 16-year high, although a drop was expected. It’s now time to see whether political problems of Trump’s administration and global risks have changed this situation. The Conference Board will release the index for September at 17:00 MT time on September 26. |
| The level of consumer confidence has a direct impact on household spending and, consequently, on the economy’s health in general. This release will be a Forex market mover and an opportunity to trade the USD. |
It seems like the rally of the greenback has ended. On Monday, the US dollar index was below $93.50. Tuesday’s attempts to recover are not successful. The index is below $93.40. No important economic data will be released today.
This economic indicator is highly important for the Bank of England’s monetary policy because it is used as the central bank’s inflation target.
The weekly indicator of consumer confidence from ANZ rallied by 0…
America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not…
On Monday, gold headed south in European trade, making its way toward a three-week minimum after American congressional leaders came to an agreement to fund the government via the fall, thus easing worries as for a shutdown of the federal government…
On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…
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