Forex Market News

Asia Roundup: Aussie off 6-month peak on RBA’s downbeat economic assessment, greenback steadies near multi-month lows as traders await U.S. nonfarm payrolls, Asian shares ease on U.S.-China tensions – Friday, August 7th, 2020

Market Roundup Oil retreats from 5-month highs amid fuel demand worries Gold at record high as investors fret over economic recovery RBA cuts GDP outlook as virus returns to Melbourne Economic Data Ahead (0400 ET/0800 GMT) Italy Global Trade Balance(Jun)...
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America’s Roundup: Dollar strengthens after US jobless claims data,Wall Street gains, Gold accelerates higher, Oil settles below 5-month highs amid fuel demand worries-August 7th,2020

Market Roundup • US Initial Jobless Claims 1186K, 1,415K forecast, 1,434K previous • US Continuing Jobless Claims 16107K, 16900K forecast, 16951K previous • US Jobless Claims 4-Week Avg 1337.75K, 1403K forecast, 1368.75Kprevious • Russia Central Bank reserves (USD) 582.7B previous...
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Europe Roundup: Sterling rises to five-month high against dollar as BoE signals sub-zero rates not imminent, European shares dip, Gold flirts with record peak, Oil prices pull back from five-month highs as rising product stocks weigh-August 6th,2020

Market Roundup • German Jun Factory Orders (MoM) 27.9%,10.1% forecast, 10.4% previous •EU July IHS Markit Construction PMI 47.1 , 41.3 previous •Italian Jul Industrial Production (MoM) 8.2%,5.1% forecast, 42.1% previous • italian JunIndustrial Production (YoY) -13.7%, -16.8% forecast, -20.3%...
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America’s Roundup: Dollar stays weak amid signs of lagging U.S. economy, Wall Street gains, Gold scales new record, Oil moves up on big crude inventory decline-August 6th,2020

Market Roundup • US Jul ADP Nonfarm Employment Change 167K, 1,500K forecast, 4,314K previous • US Imports 208.95B, 199.49B previous • US Exports 158.25B, 144.69B previous • Canada Jun Exports 39.71B, 38.80B forecast, 33.90B previous • US Jun Trade Balance...
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Europe Roundup: Euro rise after positive economic indicators, European shares gains, Gold rise to new record high, Oil prices rise as U.S. crude inventories show large drop-August 5th,2020

Market Roundup • Sweden Industrial Production (YoY) -8.2%,-16.5% previous • Sweden Industrial Production (MoM) 8.8%,-0.1% previous • Sweden GDP (YoY) -8.2%,0.4% previous • Sweden GDP (QoQ) -8.6%,0.1% previous •Italian Jul Composite PMI 52.5, 47.6 previous •Italian Jul Services PMI 51.6,...
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Europe Roundup: Sterling heads lower after early gains, European shares dips,Gold edges back from record peak, Oil falls as rising virus cases overshadow demand recovery-August 4th,2020

Market Roundup • French June Government Budget Balance -124.9B, -117.9B previous • Spanish Unemployment Change -89.8K, 5.1K previous • Eurozone PPI (YoY) -3.7%, -3.9% forecast -5.0% previous • Eurozone PPI (MoM) 0.7%,0.5% forecast, -0.6% previous Looking Ahead – Economic data...
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