Week Ahead: Dollar Rally Ends With Trump Monetary Policy and Currency War Comments

Week Ahead: Dollar Rally Ends With Trump Monetary Policy and Currency War Comments

The USD fell against major pairs on Friday after U.S. President Donald Trump tweeted that China and the E.U. manipulate their currency. Trade war escalation has reached a second phase at a time when American politics are having an identity crisis with the ongoing Russian interference during the 2016 elections. Here’s your FX week ahead.

‘Footy’ dented U.K. retail sales and pounds sterling

‘Footy’ dented U.K. retail sales and pounds sterling

Data this morning from the Office for National Statistics showed that U.K. retail sales declined in June, as Britons chose to watch the World Cup rather than shop.

Here are five things the markets are talking about.

British pound edges higher, investors eye U.K. job numbers

British pound edges higher, investors eye U.K. job numbers

As the Brexit deadline creeps ever closer, both sides are making contingency plans for a ‘hard Brexit’, in the event that the parties fail to reach an agreement. Here are the new developments.

Week Ahead: Trade War and Trump European Trip Boost U.S. Dollar

Week Ahead: Trade War and Trump European Trip Boost U.S. Dollar

Trade war concerns rose with comments from U.S. President Donald Trump who has been outspoken on NATO, trade, and the Brexit deal. We also cover the Yen, the Bank of Canada, and Brexit pressures. Here’s everything you need to know in your week ahead.

Kuroda says BOJ Sticking to Game Plan

Kuroda says BOJ Sticking to Game Plan

In a speech today, BOJ governor Haruhiko Kuroda vowed to continue to expand the monetary base to maintain the economy’s momentum in order to achieve the BOJ’s price target, reiterating that the central bank would make policy adjustments to reach that goal.

Canada Employment Numbers may Result in Rate Hike

Canada Employment Numbers may Result in Rate Hike

Canada’s economy created 31.8 thousand jobs in June, well above the estimate of 22.3 thousand. With Bank of Canada’s July rate decision on Wednesday largely based on economic data, Friday’s strong job creation data is ammunition in favor of raising rates this week.

France’s CAC hits 7-week low and Manufacturing PMI misses Expectations

France’s CAC hits 7-week low and Manufacturing PMI misses Expectations

Trade tensions are threatening to hamper eurozone’s exports, which in turn could weigh on manufacturing output. This has put the spotlight on manufacturing PMIs, which are leading indicators of the strength of the manufacturing sector.

Week Ahead: Dollar Strong Ahead of July 4th Holiday

Week Ahead: Dollar Strong Ahead of July 4th Holiday

The U.S. dollar is higher against most major currencies on Friday before the American holiday. We cover Canadian GDP, the E.U. summit, and crude inventories in our week ahead.

Dollar rises to new heights against G10 and EM

Dollar rises to new heights against G10 and EM

The U.S. dollar has again found traction against its G10 peers, while EM currency pairs made a rough go of it. At the same time, investors are trying to come to terms with the U.S. Whitehouse’s strategy towards Chinese investments.

Five Things the Markets are Talking About: Monday June 25

Five Things the Markets are Talking About: Monday June 25

Recep Erdogan won yesterday’s presidential election after his Justice and Development Party, together with Nationalist Movement Party, grabbed the majority of the seats in the parliament. See how this affected the Turkish lira and other global currencies.

Week Ahead: E.U. Trade Spat Escalates

Week Ahead: E.U. Trade Spat Escalates

U.S. President Donald Trump announced a potential 20 percent tariff on European cars on Friday. The U.S. will start a probe on auto tariffs on July 19. Here’s what you need to know in the week ahead.

Oil falls -2% as OPEC nears deal to raise production

Oil falls -2% as OPEC nears deal to raise production

OPEC is holding its biannual two-day meeting in Vienna starting tomorrow and is widely expected to agree to pump more. See the players that support the increase (including Russia) and what to expect.

Five Things the Markets are Talking About: Monday, June 18

Five Things the Markets are Talking About: Monday, June 18

Global trade is again top of capital markets agenda, as investors are now officially worried about the intensifying confrontation between U.S. and China. With tariffs, crude oil prices, and this week’s significant OPEC meeting, here’s what you need to know.

Week Ahead: Market reaction to Fed Hike and Dovish ECB

Week Ahead: Market reaction to Fed Hike and Dovish ECB

A hawkish Fed and a dovish European Central Bank gave the edge to the USD this week. Donald Trump scored diplomacy points in Singapore by North Korean leader Kim while trade war fears are once again at the forefront as the Trump administration announced new tariffs on Chinese goods on Friday.

Five Things the Markets are Talking About: Monday, June 11

Five Things the Markets are Talking About: Monday, June 11

Investors’ focus now shifts from last week’s disastrous G7 meeting in Canada to tomorrow’s Trump-Kim summit in Singapore and a plethora of major central bank rate announcements later this week.