The euro held support last week on yet another test, can it gain enough strength to turn things around or will it only turn out to be a corrective bounce?
Risk assets have broadly notched a week of retreat as trade wars have spread into the developed world economy. Themes are of greater consequence than specific data in the week ahead, but that poses more systemic threat than one-off indicators could have roused.
US President Donald Trump escalated global trade wars to threaten the core stability of the developed world to end this past week with threats of painful tariffs on Europe's auto imports. Beware risk's calm.
Date (GMT)EventCons.ActualPreviousMay 18 22:45Producer Price Index - Input (QoQ)-1.100 %-0.400 %
Date (GMT)EventCons.ActualPreviousMay 18 22:45Producer Price Index - Output (QoQ)-0.900 %-0.100 %
Date (GMT)EventCons.ActualPreviousMay 18 21:00Producer Price Index Growth (YoY)-3.600 %-3.700 %
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Forex Knowledge Resource
Making sense of Forex trading terminologyAre you looking to make some sense out of all these Forex terms used in the Forex market? Cross rate: the exchange rate between two currencies neither of which are the currencies of the country in... Read More
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Education in its general sense is a form of learning in which the knowledge, skills, and habits of a group of people are transferred from one generation to the next through teaching, training, orRead More