Crude oil prices, NOK and SEK may rise if Donald Trump’s speech on trade war developments amplifies market buoyancy against the backdrop of critical US CPI and retails sales data.

seen from Netherlands
seen from Israel
seen from United States
seen from Malaysia
seen from Netherlands

seen from India

seen from United States

seen from United States
seen from China
seen from United States

seen from Pakistan
seen from United States
seen from India

seen from China

seen from United States
seen from China
seen from United States
seen from United States
seen from United States
seen from United States
Crude oil prices, NOK and SEK may rise if Donald Trump’s speech on trade war developments amplifies market buoyancy against the backdrop of critical US CPI and retails sales data.
Sterling will be watching UK GDP, though its impact may be limited by headline risk posed by Brexit. European industrial production and US CPI will key EUR/USD traders on their toes.
Volatility in FX markets remains elevated with a full slate of data and events due out today.
Gold gained amidst a weaker US Dollar, lower government bond yields on market-wide pessimism. Next week contain numerous uncertainties for gold: Brexit draft vote, US CPI and ECB.
Central banks are in focus this week in all forms: speeches (Carney, Draghi, and Kuroda); rate decisions (Bank of Canada); and data releases (Chinese, Eurozone, and US CPI).
Everything Except Headline Inflation Is Saying the Same Thing About Inflation
There are dozens upon dozens of ways to measure inflation, which at times means that monetary policymakers might be receiving conflicting signals on how much upward or downward pressure on prices there really is. But after October’s Consumer Price Index report, most gauges of prices are all pointing toward the same thing: inflationary pressures that…
Read More...
U.S. CPI rose in October, opens the door wider for Fed's December lift-off
FXStreet (Mumbai) – The Labor Department today reported the U.S. Consumer Price Index increased 0.2 per cent in October, after having decline for two straight months. In September the index had dropped to 0.2 per cent drop. U.S. consumer prices rose in October on increased cost of gasoline and a host of other goods rose.…
Read More...