Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
United States Import Price Index (YoY) climbed from previous 6.7% to 7.1% in June
United States Import Price Index (YoY) climbed from previous 6.7% to 7.1% in June
United States Export Price Index (YoY) down to 10.2% in June from previous 11.2%
United States Export Price Index (YoY) down to 10.2% in June from previous 11.2%
United States Building Permits Change fell from previous -0.7% to -3% in June
United States Building Permits Change fell from previous -0.7% to -3% in June
Canada Foreign Portfolio Investment in Canadian Securities came in at $7.9B below forecasts ($15.21B) in May
Canada Foreign Portfolio Investment in Canadian Securities came in at $7.9B below forecasts ($15.21B) in May
Canada Canadian Portfolio Investment in Foreign Securities rose from previous $-11.36BÂ to $22.27B in May
Canada Canadian Portfolio Investment in Foreign Securities rose from previous $-11.36BÂ to $22.27B in May
United States Building Permits (MoM) came in at 1.367M, below expectations (1.4M) in June
United States Building Permits (MoM) came in at 1.367M, below expectations (1.4M) in June
United States Housing Starts (MoM) above forecasts (1.31M) in June: Actual (1.427M)
United States Housing Starts (MoM) above forecasts (1.31M) in June: Actual (1.427M)
United States Housing Starts Change climbed from previous -15.4% to 19% in June
United States Housing Starts Change climbed from previous -15.4% to 19% in June
United States Import Price Index (MoM) above forecasts (-0.7%) in June: Actual (0.3%)
United States Import Price Index (MoM) above forecasts (-0.7%) in June: Actual (0.3%)
United States Export Price Index (MoM) registered at -0.6%, below expectations (-0.4%) in June
United States Export Price Index (MoM) registered at -0.6%, below expectations (-0.4%) in June
Hungarian Forint: Under pressure against Euro but story intact – ING
ING’s Frantisek Taborsky reports a broad risk-off move in Central and Eastern Europe (CEE), with elevated Oil and higher core yields pushing CEE rates up. Hungarian assets have suffered heavy selling, which he links to crowded longs and profit-taking.
New Zealand Dollar weakens as US strikes on Iran fuel risk aversion
NZD/USD declines on Friday, trading around 0.5830 at the time of writing, down 0.19% on the day, as investors seek safe-haven assets following a fresh wave of US strikes against Iran.
European Central Bank: September hike risk assessed – Societe Generale
Societe Generale’s Anatoli Anenkov expects no policy change at next week’s European Central Bank (ECB) meeting, with the central bank reiterating its data-dependent, meeting-by-meeting approach. Recent Euro Area data, including Germany and France, have not significantly altered the outlook.