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United Kingdom Mortgage Approvals above expectations (57.1K) in June: Actual (58.2K)
United Kingdom Mortgage Approvals above expectations (57.1K) in June: Actual (58.2K)
United Kingdom M4 Money Supply (MoM) above expectations (0.2%) in June: Actual (0.8%)
United Kingdom M4 Money Supply (MoM) above expectations (0.2%) in June: Actual (0.8%)
United Kingdom Consumer Credit came in at £1.807B, above forecasts (£1.7B) in June
United Kingdom Consumer Credit came in at £1.807B, above forecasts (£1.7B) in June
Canadian Dollar gains as oil prices rebound
USD/CAD extends its losses for the second consecutive day, trading around 1.4090 during the European hours on Wednesday.
US Dollar: Long positioning faces FOMC risk – DBS
DBS Bank’s Philip Wee notes that Dollar bulls have built substantial long USD positions ahead of the FOMC, encouraged by Brent’s sharp rebound and expectations of a surprise rate hike by Chairman Kevin Warsh.
Silver Price Forecasts: XAG/USD returns above $58.00 as US Dollar weakens
Silver (XAG/USD) shows a moderate bullish tone on Wednesday, following a two-day reversal, with price action returning to levels above the $58.00 line at the early European trading session.
Italy Industrial Sales s.a. (MoM) up to 0.6% in May from previous 0.3%
Italy Industrial Sales s.a. (MoM) up to 0.6% in May from previous 0.3%
Italy Industrial Sales n.s.a. (YoY) rose from previous 3.2%Â to 5.3% in May
Italy Industrial Sales n.s.a. (YoY) rose from previous 3.2%Â to 5.3% in May
Austria UniCredit Bank Manufacturing PMI up to 51.5 in July from previous 50.9
Austria UniCredit Bank Manufacturing PMI up to 51.5 in July from previous 50.9
US Dollar Index Price Forecast: Likely remain subdued as Fed’s policy decision awaited
The US Dollar (USD) trades marginally lower in the European trade on Wednesday, reflecting caution ahead of the Federal Reserve’s (Fed) monetary policy announcement at 18:00 GMT.
Switzerland ZEW Survey – Expectations: 10 (July) vs -25
Switzerland ZEW Survey – Expectations: 10 (July) vs -25
Federal Reserve: Poised decision keeps markets on edge – Deutsche Bank
Deutsche Bank’s US economists expect the Federal Reserve to leave rates unchanged at a highly uncertain FOMC meeting, with markets pricing a significant chance of a hike.
WTI trades near $81.00 after rebounding amid supply fears mount
West Texas Intermediate (WTI) oil price gains ground after three days of losses, trading around $81.00 per barrel during the European hours on Wednesday.