The total number of building permits issued in Australia slipped a seasonally adjusted 5.6 percent on month in May, the Australian Bureau of Statistics said on Monday - coming in at 16,448. more...
Weekly AUD/USD Outlook: 2017, July 02 - July 09 AUD/USD reversed directions last week and gained 110 points. The pair closed at 0.7683. This week’s key indicators are Retail Sales and the RBA rate statement. AIG Manufacturing Index: Sunday, 19:30MI Inflation Gauge: Sunday, 21:00. The indicator provides analysts with a monthly look at inflation, as CPI is released each quarter. In May, the indicator softened to 0.0%, ...
Weekly EUR/USD Outlook: 2017, July 02 - July 09 EUR/USD finally made a breakthrough and reached the highest levels in over a year. Is this the beginning of a longer trend? The first week of July features PMIs and the ECB meeting minutes. Manufacturing PMIs: Monday morning: 7:15 for Spain, 7:45 for Italy, the final French figure at 7:50, final German read at 7:55 and the final euro-zone number at 8:00.Unemployment Rate ...
Weekly Outlook: 2017, July 02 - July 09 The US dollar and the Japanese yen were on the back foot as optimism gripped markets Will the party continue? The first week of the second half features a full build up to the all-important Non-Farm Payrolls as well as other top-tier figures. Chinese Caixin Manufacturing PMI: Monday, 1:45. Any figure under 50 represents contraction. A similar score is expected now: 49.9.US ISM ...
Last week Mike Wilson, Morgan Stanley chief US equity strategist discussed his year-end S&P 500 target of 2700. As an investor does this make you nervous? What do you think the average year-end target for the S&P 500 is now? more...
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