Futures markets at the start of the session in Europe point to a lower opening of the stock exchanges. The weaker sentiment may be attributed to the declines in the Asia-Pacific region following the release of macroeconomic data. Today’s calendar is relatively busy with various events. Investors will receive US retail sales data, which is […]

The composite index for China’s economy reflects a decline in daily data, indicating consecutive decreases in the recent weeks. This index combines data on metro traffic, port congestion, box office revenue and various other daily indicators of China’s economy.

Gold consolidates at the levels above $2,000.

The U.S. dollar edged higher in early European trade Tuesday, while sterling retained strength ahead of this week’s Bank of England policy-setting meeting. At 02:55 ET (06:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% higher at 101.183, but remains not far from recent lows. The greenback […]

The most important publication this week will likely be the reading of US CPI inflation, scheduled for tomorrow at 01:30 pm BST. Today’s calendar is relatively light, similar to yesterday’s. One of the more important data was already published at 4:00 am BST – concerning Foreign Trade in China. In line with experts expectations, China’s […]

The Australian dollar (AUD) is one of the strongest G10 currencies today, which has to do with several factors: Surplus in Australia As Bloomberg points out, the latest budget update, which will be released on Tuesday, will most likely show a surplus in fiscal 2022/2023, although subsequent years will most likely see a return to a deficit. […]