Analytics / Forex News
The UK budget deficit narrowed in June on higher revenue and lower expenditure and public borrowing for the quarter ended June reached its lowest level since 2007, the Office for National Statistics reported Friday.
Public sector net borrowing, excluding public sector banks, dropped by GBP 0.8 billion to GBP 5.4 billion. This was the lowest June net borrowing since 2016. Nonetheless, P...
17:00 20 July /2018 Forex
Ireland's wholesale prices fell at a slower pace in June, the Central Statistics Office reported Friday.
Wholesale prices decreased only 0.2 percent annually, following a 3.3 percent decline in May. Nonetheless, this was the fourth consecutive fall in wholesale prices.
On a monthly basis, wholesale price inflation eased to 0.2 percent from 0.8 percent in May.
17:05 20 July /2018 Forex
Belgium Jul Consumer Confidence 0 Vs. -3 In June
17:11 20 July /2018 Forex
Belgium's consumer confidence improved slightly in July for the first time in four months, survey data from the National Bank of Belgium showed Friday.
The consumer confidence index rose to 0 from -3 in June.
The renewed confidence showed in all components of the indicator, the bank noted.
Further, fears of rising unemployment, which had increased the previous three m...
17:16 20 July /2018 Forex
Previous presidents have largely refrained from commenting on the Federal Reserve's monetary policy, but President Donald Trump once again addressed the issue in posts on Twitter on Friday.
Trump suggested the Fed's plan to gradually raise interest rates could hurt recent economic progress, claiming the rate hikes penalize the U.S. for doing well.
"The United States should not ...
17:36 20 July /2018 Forex
The Canadian dollar strengthened against its major counterparts in early New York deals on Friday, following the releases of better than expected Canadian consumer inflation for June and retail sales for May.
Data from Statistics Canada showed that consumer prices edged up 0.1 percent on a seasonally adjusted monthly basis in June, the same rate as seen in the previous month.
17:50 20 July /2018 Forex
Canada retail sales for May and consumer inflation for June are due from Statistics Canada at 8:30 am ET Friday. Economists expect the CPI to be stagnant on month, after rising 0.1 percent in the previous month.
Ahead of these data, the loonie traded mixed against its major counterparts. While the loonie rose against the greenback, it held steady against the aussie and the euro. Agains...
16:27 20 July /2018 Forex
Canadian Retail Sales Jump 2.0% In May
16:30 20 July /2018 Forex
Canadian Consumer Price Index Rose 2.5% Year-over-year In June
16:31 20 July /2018 Forex
Canada retail sales for May and consumer inflation for June have been released from Statistics Canada at 8:30 am ET Friday.
After these data, the loonie climbed against its major counterparts.
The loonie was trading at 85.06 against the yen, 0.9726 against the aussie, 1.5392 against the euro and 1.3177 against the greenback around 8:31 am ET.
16:32 20 July /2018 Forex
Canadian Dollar Rises To 3-day High Of 1.3144 Vs U.S. Dollar After Canadian Data
16:44 20 July /2018 Forex
Canadian Dollar Edges Up To 1.5359 Against Euro
16:46 20 July /2018 Forex
Canadian Dollar Rises To 85.25 Vs Yen, 0.9710 Vs Aussie
16:50 20 July /2018 Forex
Oil prices rose on Friday, but remained on track for a weekly drop on concerns about rising supplies and amid fears that a downturn in major economies following an escalation of protectionist measures could hamper demand for the commodity.
Brent oil for September delivery was up 0.79 percent at $73.17 a barrel, but remained on track for its third weekly loss.
U.S. West Texas ...
14:21 20 July /2018 Forex
Spain Jan-May Exports Up 2.8% On Year, Imports Rise 4.4%
14:43 20 July /2018 Forex
Gold prices held steady on Friday after hitting a one-year low in the previous session.
Spot gold prices were up 0.2 percent at $1224.49 an ounce while U.S. August gold futures were up marginally at $1,225 an ounce.
The dollar was on the defensive against the yen and euro after U.S. President Donald Trump criticized the Federal Reserve for raising interest rates and threatene...
14:53 20 July /2018 Forex
The euro area government deficit continued to narrow in the first quarter as revenue increased amid a fall in expenditure, figures published by Eurostat showed Friday.
The general government deficit to GDP fell to 0.1 percent from 0.6 percent in the fourth quarter.
Data showed that government revenue rose to 46.3 percent of GDP from 46.1 percent. On the other hand, government ...
14:54 20 July /2018 Forex
The Canadian dollar climbed against its most major counterparts in the European session on Friday.
The loonie rose to 1.5419 against the euro and 84.96 against the yen, from its early more than a 3-week low of 1.5468 and a 9-day low of 84.51, respectively.
Reversing from an early session's low of 1.3290 against the greeback, the loonie rose to 1.3233.
The loonie is like...
15:15 20 July /2018 Forex
Poland's retail sales grew more than expected in June, figures from Statistics Poland revealed Friday.
Retail sales advanced 8.2 percent year-on-year in June versus 5.8 percent expansion seen in last year. Sales were forecast to grow 6.8 percent.
On a monthly basis, retail sales increased 3.5 percent in June.
During January to June, retail sales rose by 6.8 percent from...
15:16 20 July /2018 Forex
The UK budget deficit narrowed in June, the Office for National Statistics said Friday.
Public sector net borrowing, excluding public sector banks, dropped by GBP 0.8 billion to GBP 5.4 billion. This was the lowest June net borrowing since 2016. PSNB was bigger than the expected GBP 5 billion.
At the same time, PSNB for the current financial year-to-date period fell by GBP 5.4 ...
12:54 20 July /2018 Forex