Japanese exports rally by 7.8% in April
In April 2018, Japanese exports in value terms managed to grow by 7…
US Retail Sales
| Retail sales measure consumer demand for finished goods and represent a leading macroeconomic indicator that has direct impact on the nation’s GDP. That’s why release of this indicator usually draws great attention of financial markets. |
| America will release its retails sales figures for August at 15:30 MT time on September 15. Previous data were very encouraging: US retail sales recorded their biggest increase in seven months in July. The new release will show whether the US economy continued with good momentum in the middle of the third quarter. We expect the USD to trade actively in all currency pairs. |
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Forex today: a lot of news
The greenback is continuing to rise. The US dollar index has almost reached the level of $94.
In Japan, in April, the key inflation indicator tacks on by 0.7%
In April, consumer prices excluding fresh food in Japan, which is the major indicator of inflation, closely watched by the country's major financial institution, rallied by 0…
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America will probe German and Japanese car makers over alleged patent violations
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…
Gold edges down toward 3-week minimum after Congress hits spending deal
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…
Crude edges down in Asia on Caixin PMI
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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