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U.S. Industrial Production Climbs Slightly More Than Expected In April
FX News 11046
6 years ago admin

U.S. Industrial Production Climbs Slightly More Than Expected In April

A report released by the Federal Reserve on Wednesday showed industrial production in the U.S. increased by slightly more than anticipated in the month of April. The Fed said industrial production climbed by 0.7 percent in April, matching the upwardly Read More →
Euro shaken by Italian political developments
FX News 11046
6 years ago admin

Euro shaken by Italian political developments

Increasing geopolitical tension was the driving factor for FX volatility on Wednesday, as uncertainties between the US and North Korea have arose. A senior North Korean official stated that the country is not interested in a summit with the US Read More →

Cryptocurrency Daily Roundup – May 16
FX News 11046
6 years ago admin

Cryptocurrency Daily Roundup – May 16

Cryptocurrencies were trending lower Wednesday morning, extending a trend witnessed since late Tuesday. Market sentiment was likely dampened by regulatory moves in Asia. Meanwhile, a Goldman Sachs-backed crypto finance startup raised funding from a mining giant to develop a stablecoin. Read More →
USD marks fresh highs as US 10-Yr yields spike above 3%; US equities get nervous
FX News 11046
6 years ago admin

USD marks fresh highs as US 10-Yr yields spike above 3%; US equities get nervous

US Dollar pursued fresh 5-month highs yesterday, as the dollar reacted to rises in yields. The benchmark 10-year Treasury yield marked the highest since 2011 as it went beyond 3%. Yields rise as treasury prices fall.

In the meantime Read More →

Japan GDP Slides 0.2% On Quarter In Q1
FX News 11046
6 years ago admin

Japan GDP Slides 0.2% On Quarter In Q1

Japan's gross domestic product was down 0.2 percent on quarter in the first three months of 2018, the Cabinet Office said in Wednesday's preliminary reading.Original Article Read More →
Germany’s Q1 GDP Growth Eases On Foreign Trade
FX News 11046
6 years ago admin

Germany’s Q1 GDP Growth Eases On Foreign Trade

Germany's economic growth halved in the first quarter on weak trade, data from Destatis showed Tuesday. Gross domestic product grew 0.3 percent sequentially, slower than the 0.6 percent expansion seen in the previous quarter and the expected rate of 0.4 Read More →

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