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CAC Edges Lower, French Trade Deficit Matches Forecast

November 8, 2017 Kenny Fisher 0

The CAC index has posted slight losses in the Wednesday session. Currently, the CAC is trading at 5,503.80, down 0.17% on the day. On the release front, there are no major events in the eurozone. France posted a trade deficit of EUR 4.7 billion, which matched the estimate. In the eurozone, retail sales reports were […]

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Gold Starts Week With Strong Gains

November 6, 2017 Kenny Fisher 0

Gold has posted considerable gains in the Monday session. In North American trade, the spot price for an ounce of gold is $1282.27, up 1.05% on the day. On the release front, there are no major events on the schedule. William Dudley, President of the New York Federal Reserve, announced his retirement. On Tuesday, Fed Chair […]

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GBP/USD – Pound Claws Back After BoE Setback

November 6, 2017 Kenny Fisher 0

The British pound has posted gains at the start of the week. In Monday’s North American trade, GBP/USD is trading at 1.3121, up 0.35% on the day. On the release front, there are no major releases out of the UK or the US. The UK will release British BRC Retail Sales Monitor, an important consumer spending indicator. On […]

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EUR/USD – Euro Steady Ahead of US Nonfarm Payrolls, Wage Growth

November 3, 2017 Kenny Fisher 0

The euro continues has ticked lower in the Friday session. Currently, EUR/USD is trading at 1.1644, down 0.09% on the day. On the release front, there are no eurozone indicators on the schedule. Employment data will be in the spotlight on Friday, as the US releases Average Hourly Earnings, Nonfarm Payrolls and the unemployment rate. The […]

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USD/JPY – Yen Gains Ground Ahead of Fed Chair Nomination

November 2, 2017 Kenny Fisher 0

USD/JPY has posted losses in the Thursday session, erasing the gains seen on Wednesday. In North American trade, USD/JPY is trading at 113.96, down 0.27% on the day. On the release front, Japanese Consumer Confidence improved to 44.5, beating the estimate of 43.6 points. In the US, today’s highlight was unemployment claims, which dropped to 229 thousand. […]

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CAC Ticks Lower as French Manufacturing PMI Misses Expectations

November 2, 2017 Kenny Fisher 0

The CAC index is showing little movement in the Thursday session. Currently, the CAC is trading at 5,507.80, down 0.12% on the day. On the release front, French Final Manufacturing PMI remained unchanged at 56.1, missing the estimate of 56.7 points. Eurozone Final Manufacturing PMI improved to 58.5, just shy of the forecast of 58.6 […]

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DAX Edges Lower, German Data Within Expectations

November 2, 2017 Kenny Fisher 0

The DAX has posted considerable gains in the Wednesday session. Currently, the DAX is at 13,442.00, down 0.21% on the day. On the release front, German numbers were within expectations. Final Manufacturing PMI remained unchanged at 60.5, just shy of the estimate of 60.6 points. Unemployment Change declined by 10 thousand, close to the estimate of -11 […]

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