The US dollar rallied on the Fed decision but its strength faded away. What’s next? The German elections, durable goods orders, and several GDP publications stand out as Q3 draws to a close. Here are the highlights for the upcoming week. New Zealand elections: Saturday. The polls indicate that everything is possible.German elections: Sunday, results are due before markets open in Asia. All in all, a victory for Merkel would be positive ...
EUR/USD dropped to lower ground, but gradually recovered, holding onto known ranges. The German elections provide a strong start to the week, which continues with inflation figures and other data. Here is an outlook for the highlights of this week. German elections: Sunday, results are due before markets open in Asia.All in all, a victory for Merkel would be positive for the euro, but this is mostly priced in.German Ifo Business Climate ...
With votes in France's general election first round pointing to no major upset and the strong likelihood of a pro-EU, pro-euro president, markets have read the situation positively with stocks, bonds and the euro’s value against the US dollar set to be boosted. But don't discount further volatility. more...
Election of Pro-business Government in India Sparks Market rally Friday’s election results showing Modi win sparked a rally in the Indian Rupee and the Mumbai Sensex. Mumbai’s Sensex stock index is up over 7% this week and 14% since the start of the year over the prospects of the Pro-business Modi taking office.Markets are hopeful that the new Prime Minister will be able to revitalize a stagnating Indian economy which has seen GDP growth slow to a mere 4.7% and a currency ...
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