EUR/USD made a big breakout and topped 1.20 but fell quite quickly as well. Will it continue higher? The ECB meeting is undoubtedly the key event of the week, and there are other events as well. Here is an outlook for the highlights of this week. Spanish Unemployment Change: Monday, 7:00. Another drop is likely now.PPI: Monday, 9:00. In June, prices dropped by 0.1% m/m, as expected.Services PMIs: Tuesday: 7:15 for Spain, 7:45 for ...
It’s been just shy of a decade since Valve released Half Life 2: Episode 2. Gamers have slowly come to grips with the fact that Valve is never going to make a Half-Life 3, any more than it’s going to make a Left For Dead 3, or well, pretty much any other AAA game of note. Valve is a publisher, not a developer, and it’s focused on esports like DOTA 2. Not a great situation. Marc Laidlaw, ...
The Australian dollar stabilized on high ground, consolidating previous gains. What’s next? Australian capital expenditure and Chinese data stand out in a busier week. Building Approvals: Wednesday, 1:30. A rise of 10.9% in June will probably be followed by a drop now.Construction Work Done: Wednesday, 1:30. We will now receive the data for Q2.HIA New Home Sales: Thursday, 1:00. A rise could be seen now.Chinese official Manufacturing ...
Dollar/yen was leaning lower in a week that saw further political issues for President Trump. Nevertheless, the pair maintains a distance from the 108.10 level which remains critical. The last week of August and the first day of September provide a lot of action. A revised measure of GDP, consumer confidence and a short buildup to the Non-Farm Payrolls stand out. Will wages finally rise in the US? The report for August will probably show ...
GBP/USD was making attempts to recover but did not go anywhere fast and found itself grinding lower. The upcoming week feature the manufacturing PMI as well as other figures. Nationwide HPI: Tuesday, 6:00. Various housing price indices have been pointing downwards, but Nationwide’s figure has shown a rise of 0.3% in July.BRC Shop Price Index: Tuesday, 23:01. The British Retail Consortium’s measure provides another gauge on consumer ...