Last week was a relatively light one, with few key*fundamental releases, including the final version of Q2 GDP, which improved upon the initial estimates, with a print of 4.6% on the year. This week will be much heavier in terms of the number and significance of economic releases. Let’s take a look at the key ones we can expect to shake up the currency markets. Monday (9/29) German Preliminary CPI m/m (September) Forecast: -0.1% Previous 0.0% ...
Monday 6/16 Group G Germany vs. Portugal Group G Ghana vs. US Group F Iran vs. Nigeria Eurozne CPI is forecast to be 0.5% on the year for May, which was the original estimate. The core CPI expected to be 0.7%, also as originally estimated. May’s inflation data gave room for the ECB to act, which would maintain bearish pressure ...
Forget Sanctions Over Ukraine: Russia Scores Massive Gas Pipeline Deal With China China and Russia are set to cement their energy alliance next week with an expected agreement to build a natural gas pipeline between the two nations that would secure a huge new market for the world's largest energy producer and provide a guaranteed energy supply for China's growing economy as both nations face confrontations with the West. The deal, ...
The week ahead offers economic and corporate news that is potentially market moving as investors continue to run scared from many overvalued biotech, Internet, small-cap and so-called “momentum” stocks and seek the safety of established and dividend-paying companies like utilities. The Russell 2000 index of smaller company shares has fallen roughly 8 percent in the last two months. And despite big, blue chip stocks driving the Dow Jones index to a record this past Friday, ...