Germany Q1 GDP flash report 12 May
- +0.4% prev
- yy WDA 1.7 % vs 1.8% exp/prev up from 1.7%
- yy NSA 2.9% vs 2.8% exp vs 1.3% prev up from 1.2%
Mixed bag of header and revision doing little to the euro understandably.
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An uneventful session so far but there’s a whole lot left in these markets 12 May
Quiet start but with a we should expect/hope the robots get themselves nicely warmed up in due course. German GDP and CPI at the top of the hour.
The post Steady is the word as European desks open up appeared first on Forex news forex trade.
Here's what's on the economic data/event calendar for today 12 May 2017
Greetings again one and all.
It's Friday. Yeeeeey! Plenty of moves so I hope you've had a good week.
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Bank of Japan executive director Amamiya speaking in parliament 12 May
- still a long way to go to achieve 2% target
Echoing recent comments from Kuroda
- should carefully study effects and side-effects of easing
USDJPY suitably unfazed at 113.74 as it continues to trade 113.50-114.00
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China deputy finance minister out on Bloomberg 12 May
- China and US to discuss 1 year economic cooperation plan
- China looks forward to further talks with US
Eamonn had earlier
The post China says economic talks with the US stabilises world expectations appeared first on Forex news forex trade.
The People's Bank of China skipped daily open market operations today (for the fifth time in the past two weeks) but did inject funds into the system via its medium-term lending facility (MLF)
The post More on PBOC skipping OMOs but injecting longer-term liquidity appeared first on Forex news forex trade.
Forex news for Asia trading Friday 12 May 2017
A day of lower-tier data from Asia but enlivened by some news out of China. Despite this currencies remained in small ranges ahead of CPI and retail sales data from the US due Friday morning.
The post ForexLive Asia FX news: China liquidity added, and trade deal with US appeared first on Forex news forex trade.
U.S. Commerce Secretary Wilbur Ross said the US & China will expand trade in beef and chicken, increase access for financial firms
The post US and China reach a trade deal: beef, chooks, financial services … appeared first on Forex news forex trade.
Adam posted during US time on the January-March trendline and gold's bounce from it
Post is here for more:
Gold bounces off trendline after eight days of losses
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I posted earlier in the week to expect China financing data for April some time this week, or perhaps as late as Monday next week
There is no firm date/time China sets for this data.
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