Economy News


Canadian Currency Tumbles on Unexpected Jobs Data Drop

Canadian Currency Tumbles on Unexpected Jobs Data Drop

The Canadian economy failed to buoy economy development, loosing more than 71,000 jobs in the previous month after shedding 1,800 in October, though market expectations were only of a 10,000 gain. Employment rate went down in such large cities as Quebec (-45,000), Alberta (-18,000) and British Co...


December 6, 2019
Gold Prices Slump on Strong U.S. Economic Data
Gold Prices Slump on Strong U.S. Economic Data

Gold prices are moderately falling on Friday following the dollar strengthening as investors risky mood came back after Trump’s comments on...

Euro Slips, Dollar May Touch Record Low Since Mid-October
Euro Slips, Dollar May Touch Record Low Since Mid-October

The euro stabilized on Friday against the U.S. dollar, becoming too close to its worst weekly result since mid-October due to worries over...

JGBs Drop on Low Interest for 3-month Bill Sell-off
JGBs Drop on Low Interest for 3-month Bill Sell-off

Japanese government bond futures tumbled toward an eight-month low on Friday, following low request at a sale of three-month bills.

German Industry Yield Drops in October
German Industry Yield Drops in October

German industrial yield tumbled out of the blue in October on a sharp slump in the creation of capital merchandise, indicating relentless...

Eurozone Government Bond Yields Almost Flat, Set For Gains
Eurozone Government Bond Yields Almost Flat, Set For Gains

Eurozone government bond yields were minimal changed on Friday, yet headed for their greatest weekly ascend in a month, with traders proceeding to...

European Stocks Slip, Glencore Drops to Three-Year Low
European Stocks Slip, Glencore Drops to Three-Year Low

Most European stocks finished a tad lower on Thursday amid mixed hint on a Sino-U.S. “phase-one” economic accord, while a slide in...

December 5, 2019
Abe announces $121bn stimulus package for Japan
Abe announces $121bn stimulus package for Japan

Japan’s Prime minister Shinzo Abe delivered first fiscal stimulus in Japan since 2016 worth ¥13.2tn ($121 illion) package after typhoon...

Gold Stays Afloat Amid Trade Jitters; Jobless Claims Weigh
Gold Stays Afloat Amid Trade Jitters; Jobless Claims Weigh

Gold prices grew slightly on Thursday, but still remained slightly below the monthly maximum, which was reached the prior day, in anticipation of...

World Food Prices Touch 26-month High; FAO index
World Food Prices Touch 26-month High; FAO index

World food prices showed strong growth in November due to a jump in meat and agricultural oils prices and despite a slight drop in cereal rates,...

Turkish Central Bank to Use Reserves for Adjusting in 2020
Turkish Central Bank to Use Reserves for Adjusting in 2020

The Turkish Central Bank will utilize required stores “effectively and flexibly” in 2020 as a fine-tuning tool notwithstanding its...

Eurozone Bond Yields Take a Break, Seek Hints on Trade Deals
Eurozone Bond Yields Take a Break, Seek Hints on Trade Deals

Eurozone government bond yields were almost flat on Thursday as traders anticipated the following sign from Sino-U.S. exchange arrangements amid...

Long-dated JGB Yields Drop After Strong Sell-off
Long-dated JGB Yields Drop After Strong Sell-off

On Thursday long-dated Japanese government bond yields slipped as strong interest during a sell-off of 30-year JGBs supported rates, yet an ascent...

German MF Crisis Hauls into Last Quarter
German MF Crisis Hauls into Last Quarter

German industrial requests tumbled out of the blue in October as a request at home and from outside the eurozone debilitated, proposing an MF...

Canada Leaves Monetary Policy Unchanged; Loonie Strengthens
Canada Leaves Monetary Policy Unchanged; Loonie Strengthens

The Bank of Canada left key interest rate unchanged at 1.75 percent during its meeting the previous day, as analysts widely expected. The rate...

European Stocks Bounce 1% on Sino-U.S. Optimism
European Stocks Bounce 1% on Sino-U.S. Optimism

European stocks jumped again from a four-day drop on Wednesday, lifted by a report that China and the U.S. are drawing nearer to an economic alliance.

December 4, 2019
Trade Worries Threaten Upbeat Wall Street’s Decade End
Trade Worries Threaten Upbeat Wall Street’s Decade End

Shareholders worry about the sluggish start of December stocks trading and are preparing for the volatile finish of the year for the indices due to...

Canadian Dollar Rises Ahead of BoC’s Interest Rate Decision
Canadian Dollar Rises Ahead of BoC’s Interest Rate Decision

Canada’s main stock benchmark futures grew on Wednesday, as oil rates surged ahead of key meeting where OPEC and its peers are likely to...

JGBs Gain on Trade War Bluster, Yet Momentum Tight
JGBs Gain on Trade War Bluster, Yet Momentum Tight

Japanese government bonds ricocheted once again from 7-1/2-month lows on Wednesday as the ghost of re-escalation in the Sino-U.S. exchange row...

European Stocks Close Lower on Trade Anxiety
European Stocks Close Lower on Trade Anxiety

European stocks ricocheted back on Tuesday from their most honed decrease in two months during the past session, helped by tech shares, however,...

December 3, 2019
Gold in Demand Amid New Trade Uncertainty, Prices Soar
Gold in Demand Amid New Trade Uncertainty, Prices Soar

Gold rates grew more than 1 percent on Tuesday, amid refreshed trade concerns after U.S. President said a deal with China might have be concluded...

China-U.S. Trade Deal Could be Outwaited till Nov. 2020
China-U.S. Trade Deal Could be Outwaited till Nov. 2020

U.S. leader surprised markets again with news regarding commercial agreement with China and namely, that a deal might be signed not earlier than...

South Africa’s Economy Unexpectedly Contracts in Q3
South Africa’s Economy Unexpectedly Contracts in Q3

The South African economy decreased in Q3 by 0.6 percent at annual rate, after an upwardly revised reading of a 3.2 percent growth in the prior...

France and EU Ready to Strike Back Over U.S. Tax Risk
France and EU Ready to Strike Back Over U.S. Tax Risk

France and the EU are prepared to retaliate over the most recent U.S. tax dangers on French goods, French government ministers stated on Tuesday.

JGBs Tumble to 7 1/2-month Lows After Lukewarm Sell-off
JGBs Tumble to 7 1/2-month Lows After Lukewarm Sell-off

Japanese government bond (JGB) rates tumbled on Tuesday, with benchmark futures dropping to a 7 1/2-month low, following a sell-off of 10-year JGBs...

Switzerland to Launch Bonds Worth 2.5 bln Francs in 2020
Switzerland to Launch Bonds Worth 2.5 bln Francs in 2020

The Swiss Federal Finance Administration (FFA) plans to give bonds with a presumptive worth of 2.5 billion Swiss francs ($2.51 billion) in 2020, up...

RBA Leaves Cash Rate at 0.75%; Account Surplus Hits Records
RBA Leaves Cash Rate at 0.75%; Account Surplus Hits Records

The RBA decided to leave the cash rate at the same record low of 0.75 percent in the framework of its December meeting, as it was expected by the...

European Stocks Dip After Solid November; Trade Creeps Haunt
European Stocks Dip After Solid November; Trade Creeps Haunt

European stocks posted their greatest day-by-day decline in two months on Monday, with most significant markets including Germany and France...

December 2, 2019
Canadian Factory Activity Rate at 9-Month High
Canadian Factory Activity Rate at 9-Month High

Canadian factories activity showed expansion in November, following a 3rd month of growth in a row on the back of new order number growth.

Euro Gains After Comments of Recently Appointed ECB Head
Euro Gains After Comments of Recently Appointed ECB Head

The single currency registered its highest level on Monday versus U.S. dollar since November, 22 after the newly appointed ECB President told in...

UK’s Manufacturing Cuts Jobs at Quickest Pace Since 2012
UK’s Manufacturing Cuts Jobs at Quickest Pace Since 2012

UK’s manufacturing sector diminished the number of jobs in November at the quickest rate for the last 7 years, according to a survey released...

German 10-year Bond Yields at 1-week Peak
German 10-year Bond Yields at 1-week Peak

German 10-year government bond yields moved to a one-week peak on Monday as a fresh leadership of the SPD undermined the ruling German coalition.

JGB 10-year Yields Reach Fourteen-day Peak
JGB 10-year Yields Reach Fourteen-day Peak

Yields on 10-year Japanese government bonds on Monday gained to their strongest level in over fourteen days, in front of a sell-off that could...

Turkish Economy Grows in Q3, Extending 0.9% Year-on-year
Turkish Economy Grows in Q3, Extending 0.9% Year-on-year

Turkey's economy added 0.9 percent year-on-year in the Q3, following desires, breaking three sequential quarters of constriction as it shook...

China’s Factory Activity Reaches 3-Year High; Yuan Lowers
China’s Factory Activity Reaches 3-Year High; Yuan Lowers

The China General Manufacturing PMI showed a sudden expansion, to reach almost a 3-year-high result from the previous 51.7 in October to 51.8 in...

European Stocks End Week on Gloomy Note as Trade Ills Rise
European Stocks End Week on Gloomy Note as Trade Ills Rise

European stocks finished the week with their most noticeably awful day this month as a grip of genuinely perky monetary information on Friday...

November 29, 2019
Canada’s Economy Rises by 0.3% in Q3; Loonie Slips
Canada’s Economy Rises by 0.3% in Q3; Loonie Slips

The Canadian economy grew by 0.3 percent in Q3, which ended in September, easing up by 0.6 percent for a quarter. So, the quarterly result for GDP...

Indian Economy Expands, But Weaker Than Expected; Rupee Down
Indian Economy Expands, But Weaker Than Expected; Rupee Down

The Indian economy showed a 4.5 percent expansion at annual rate in Q3, 2019, marking thus its weakest result in more than six years.

Pound Sinks Below $1.29, Consumer Credit Rate Jumps
Pound Sinks Below $1.29, Consumer Credit Rate Jumps

The UK’s pound went down below $1.29 on Friday while implied volatility gauges, that presuppose a two-week maturity, after the UK’s...

Eurozone Bond Yields Rise Before Flash Inflation Numbers
Eurozone Bond Yields Rise Before Flash Inflation Numbers

Rates of interest in higher-evaluated eurozone states, for example, Germany and France edged up from one-month lows on Friday, in front of a...

JGBs Dip, Post Third Back to Back Monthly Drop
JGBs Dip, Post Third Back to Back Monthly Drop

Japanese government bonds slipped on Friday for their third sequential month-to-month drop, as any desires for a possible Sino-U.S. exchange accord...

Germany’s Retail Trades Decline in October
Germany’s Retail Trades Decline in October

Retail sales in Germany showed a drop in October, according to newly-released report on Friday, suggesting that consumer spendings in the top...

European Stocks Slip on Emerging Trade Creeps
European Stocks Slip on Emerging Trade Creeps

European stocks withdrew from a four-year peak on Thursday as worries about a Sino-U.S. exchange ceasefire reemerged after U.S. President Donald...


The economy as a key factor in currency and stock trading

The economy is one of the key factors in the degree of the influence on the currency market. Such economic indicators as gross domestic product, consumer indices, indices of industrial production, inflation and the labor market are very important for the traders in the analysis and the construction of their trading strategies.

Follow the news of the world economy for successful trading

Understanding of the formation of economic indicators provides an opportunity for participants in the Forex market to conduct a more efficient trade. Publications of economic news have a direct impact on the exchange rate and on the income of traders, that is why everything that happens in the world economy must be carefully taken into account by traders in their trading plans.

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