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NO MAJOR ECONOMIC EVENTS TODAY
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Latest News Headlines
Bloomberg: U.S., Europe Futures Slip as Trade Talks, Fed Eyed: Markets Wrap
U.S. and European futures dipped with Asian stocks at the start of an event-filled week that features the resumption of U.S.-China trade talks, an expected Federal Reserve interest-rate cut, further corporate-earnings releases and the monthly American payrolls report. [more...]
Bloomberg: Get Ready for the World Economy’s Biggest Week of 2019
There will be no chance of a summer break for investors or policy makers in coming days as they brace for what might be the busiest week for the world economy this year. [more...]
Bloomberg: Jack Ma’s $290 Billion Loan Machine Is Changing Chinese Banking
Jack Ma’s online bank is leading a quiet revolution in the way China lends to small businesses, taking aim at a credit bottleneck that has held back Asia’s largest economy for decades. [more...]
Bloomberg: The Lithium Mine Buildup Is Outpacing the Electric-Car Boom
Lithium miners are bulking up for a booming future when electric cars go mainstream. But speed bumps loom, with prices tumbling on a burst of new production and demand growth slowing in China. [more...]
Bloomberg: The Home of Ultra-Low Rates Has a Warning for the World
As the world sinks into an era of ever-lower interest rates and a chasm of negative-yielding bonds, Japan’s experience offers investors an invaluable precedent. [more...]
Bloomberg: Goldman Says Asia's Trade Slump Is Showing Signs of Bottoming
That’s according to Goldman Sachs Group Inc. economists who highlight a substantial pick up in exports to the U.S. from Asian economies including Taiwan, Vietnam and India that’s effectively canceling out the fall in shipments from China. [more...]
Bloomberg: Oil Trades Near $56 as Hormuz Tensions Simmer Amid Trade Talks
Oil traded near $56 a barrel as the U.K. deployed a warship to the Strait of Hormuz to help escort commercial ships, while U.S.-China trade talks are set to resume amid tempered expectations for a breakthrough. [more...]
Bloomberg: Hedge Funds Are Betting Australian Dollar Will Get Slammed
Australia’s dollar took a beating last week and worse may be to come in the form of quarterly inflation data due Wednesday. The currency slid about 1.5% over the five days through Friday. [more...]
Reuters: A Fed interest rate cut is in the bag. What then?
U.S. central bankers are expected to lower borrowing costs this week for the first time since the depths of the financial crisis more than a decade ago. That’s the easy part. [more...]
Reuters: Asian shares drift into trade talks, Fed test
Asian shares drifted lower on Monday as markets anxiously counted down to a likely cut in U.S. interest rates this week with much riding on whether or not the Federal Reserve signals yet more are in the pipeline. [more...]
CNBC: The EU is reportedly stripping 5 countries of some market access rights — that may impact the UK after Brexit
The European Commission will be blocking five countries from accessing parts of the European Union’s financial markets — in a move that could hit the United Kingdom after it leaves the bloc, according to a Financial Times report on Sunday. [more...]
CNBC: The Fed is about to cut rates for the first time since 2008 as trade war weighs on economic growth
The Fed is expected to cut interest rates for the first time in more than a decade Wednesday, a pre-emptive move as concerns rise about the impact of the trade wars and a slowing global economy. [more...]
Currency Strength Indicators
The currency strength meter gives you a quick visual guide to which currencies are currently strong, and which ones are weak. The meter measures the strength of all forex cross pairs and applies calculations on them to determine the overall strength for each individual currency. For example, if EUR is strong and USD is weak, it could mean that the currency pair EURUSD could be going up. If both currencies are strong or weak it is better to avoid since it will probably means there is no clear direction for the specific pair.
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