China’s claim of stronger-than-expected economic growth in the first part of this year may be tempting policymakers to pare back stimulus. Analysts say that would be a mistake. The world’s second-largest economy expanded 6.4% in the first quarter from the same period in 2018, the government announced last week, slightly beating analyst predictions.
Goldman Sachs expects the United States’ decision to end exemptions from sanctions for countries still buying oil from Iran to have a limited impact on crude prices, even though the timing is likely to have caught energy market participants by surprise. “While we acknowledge the near-term upside price risks, we reiterate our fundamentally derived B
With the U.S. and China seemingly nearing the conclusion of a trade deal, many experts have predicted that Washington could next turn up tensions with the European Union. Those worries came as the U.S. and some of its European allies recently clashed on issues such as Huawei’s role in 5G development — something the administration of President Donal
Gold prices retreat to nearly 4-month low as dollar perks up - MarketPulseMarketPulse Home / Commodities / USD Share 0 Gold prices on Tuesday headed lower as one popular measure of the U.S. dollar teetered near a two-year high, producing some headwinds for bullion. Gold for June delivery GCM9, -0.49% declined $3.80, or 0.3%, to trade at $1,273.80 a
U.S. independent refiners are expected to roll out lower than expected first-quarter profits after a spate of outages, weak gasoline margins and a surge in the price of Canadian oil, according to analysts. Major independent refiners cut production dramatically during the quarter, with some electing to undergo maintenance rather than produce barrels
Japan expects a limited impact from the U.S. decision not to renew waivers previously granted on Iran oil import sanctions, the country’s trade and industry minister said on Tuesday. The United States on Monday demanded all buyers of Iranian oil stop purchases by May 1 or face sanctions, a move to choke off Tehran’s oil revenues that sent benchmark
GBP/USD has posted slight losses in the Tuesday session. In North American trade, GBP/USD is trading at 1.2953, down 0.21% on the day. On the release front, there are no British events. In the U.S., the House Price index slowed to 0.3%, shy of the estimate of 0.6%. Later in the day, the U.S. releases new home sales and the Richmond manufacturing in
Oil continues higher as sanctions waiver expiry nears Oil prices are creeping higher again on Tuesday, although they have lost a little of the spark that saw them steamroll through yet another key resistance area at the start of the week. There isn’t much doubt about the trigger for the latest rally, with Trump’s decision not to extend waivers on i
Millions of Indians voted in the third and largest phase of a staggered general election on Tuesday, including Prime Minister Narendra Modi who cast his ballot in his home state of Gujarat and again underlined his focus on combating terrorism. In all, 188 million Indians are eligible to vote in 117 constituencies on Tuesday, across 15 states and fe
Speaker:   Andrew Bailey , Chief Executive Event:  The Future of Financial Conduct Regulation, Bloomberg, London Delivered: 23 April 2019 Note:  this is the speech as drafted and may differ from the delivered version Highlights There should be a debate about the future of regulation but this needs to be in a public interest framework. The FCA will
US stocks are slightly higher as a wide range of companies are starting to release earnings results.  When looking at the top and bottom lines, we are seeing most results either beating or coming close to inline with expectations.  The dollar is mixed again in what has been a lackluster session so far.  EUR/USD has stayed within a 20 pip range, whi
The DAX index has started the week with slight losses. On Tuesday, the DAX is at 12,193, down 0.23% on the day. In economic news, there is only one event on the schedule. The eurozone releases consumer confidence, which is projected to remain unchanged at -7 points for a third straight month. On Wednesday, Gemany releases the Ifo Business Climate i
European update – Markets lacking a catalyst - MarketPulseMarketPulse Home / FX / Indices / Market Pulse Share 0 Markets mixed after relaxing bank holiday It’s been a slow start to the trading week following the long bank holiday weekend, with European markets once again mixed and US futures offering little of more interest. Source –  Thomson Reute
 
     
 
     
 

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