The second week of May saw the dollar gaining ground against many currencies despite a political controversy. A mix of events awaits us now: GDP from Japan, jobs from Australia, and housing data from the US. Chinese Industrial Production: Monday, 2:00. After a surprising rise of 7.6% last time, the figure for April could be weaker: 7% is expected.Euro-zone GDP: Tuesday, 9:00. No change is expected.US housing data: Tuesday, 12:30. ...
The CAC 40 has opened Wednesday’s trading lower, potentially decline for the third consecutive session after printing a new 2017 high to start the week. Despite this recent string of losses, traders may still consider the CAC 40 technically in an ongoing uptrend. At present the CAC 40 is trading down -0.02%. Leaders for the session include Michelin (+1.25%) and Veolia Environnement (+0.91%). Top Losers for today’s trading include both Vinci (-1.22) and ArcelorMittal (-0.97%). ...
US Dollar Forecast: US Dollar Bracing for French Election, Trump Tax Plan, GDP Data The US Dollar looks set for a volatile week as the first round of the French presidential election, a White House tax reform proposal and first-quarter GDP data loom ahead. Japanese Yen Forecast:No End In Sight For Accommodative Monetary Policy Speaking in Washington Friday, Bank of Japan Governor Haruhiko Kuroda had a simple message: the current ...
CAC 40 has blasted to new 2017 highs, as global equities markets continue to rally on new optimism. At this point in Thursday’s trading the CAC 40 is up +0.21%. Top winners for the CAC 40 include Engie SA (+7.81%) and LafarageHolcim (+3.04%). Losers for the day include Essilor International (-1.92%) and Pernod LOreal (-1.02%). Technically, the CAC 40 is now trending higher in both the long and short terms. The Index is currently trading ...
The CAC 40 is trading modestly higher this morning (+0.31%), as the ECB elected to hold key interest rates flat at an effective 0.00%. Top CAC 40 gainers for Thursday’s trading session include Technip +3.63%, Societe Generale +1.78%, and Sanofi +1.53%. The largest losers include Publicis Groupe -5.45% and ArcelorMittal trading down -1.58% so far on the day. Technically the CAC 40 remains trading above 4,500. However, with today’s price advance, the Index is now trading above the September ...
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