Forex Live News Feed

  • Different markets, different reads
    More risk off headlines in the markets today although stocks have not participated much Though stocks haven't participated, markets have been feeling the risk off pains, with safe haven currencies outperforming. The disruption around progress on the US-China trade front has been a major driver this week, and into Thursday, there have been more risk off Read more »
  • US agricultural secretary welcomes China's lifting of ban on US poultry products
    Statement from US trade representative The US trade representative is out with the statement saying that the US agricultural Sec. welcomes China's lifting of the ban on US poultry products.  Read more »
  • Canada new housing price index for September 0.2% versus 0.1% estimate
    Canada new housing price index for September 2019 Looking at the chart of the year on year, the index is scraping off the most recent low. It was as high as 3.9% back in 2017. Read more »
  • US initial jobless claims 225K versus 215K estimate
    US initial jobless claims for the week of November 9, 2019 - Initial jobless claims 225K versus 215K estimate. Surprise higher number than expected  A little bit higher than expected.  The claims that is the highest since 229K on the week of June 21. Read more »
  • US PPI final demand for October 0.4% versus 0.3% estimate
    US PPI final demand for October 2019 ForexLive Read more »
  • Producer prices, initial jobless claims, Fed speak, and oil inventory
    A full calendar of economic releases and events on tap today Today will have a full slate of economic releases and events including weekly initial jobless claims, Fed Chair Powell Spencer 2nd day on Capitol Hill testifying, oil inventory data and a host of other Fed speakers: Read more »
  • ForexLive European FX news wrap: Yen holds firm as markets stay more cautious
    Forex news from the European session - 14 November 2019 Headlines: Markets: - JPY leads, AUD lags on the day - European equities mixed; E-minis flat - US 10-year yields down 5 bps to 1.835% Read more »
  • North Korea reportedly not interested in meeting with US
    KCNA reports with the headline ForexLive Read more »
  • OPEC still sees oil surplus in early 2020 ahead of meeting next month
    OPEC comments in its latest monthly report - Signals that oil markets remain on course for a surplus in early 2020 - Expects global supplies to exceed demand by about 645k bpd in 1H 2020 ForexLive Read more »
  • Nigel Farage: Brexit Party to fight Labour in all of its seats
    Brexit Party leader, Nigel Farage, is speaking at the moment - I have 'no great love' for the Conservatives ForexLive I don't think we expected anything different from Farage but this just means that the Tories may face a tougher time in closely contested Labour-held seats. If you're interested, you can watch Farage speaking live . Read more »
  • Sometimes a good thing can turn out to be bad..
    German Q3 economic growth surprised to the upside but it dashes hopes for a fiscal stimulus boost It sounds kind of convoluted but it does kind of make sense if you think about it. Read more »
  • China officially lifts ban on US poultry meat imports
    The move had been previously announced as part of trade talks between both countries but is now made official I guess that's some good news in terms of the way trade talks are progressing - that there's still some goodwill - but as far as milestones go, this pales largely in comparison to the likes of Read more »
  • Eurozone Q3 GDP second reading +0.2% vs +0.2% q/q prelim
    Latest data released by Eurostat - 14 November 2019 - GDP +1.2% vs +1.1% y/y prelim ForexLive The preliminary report can be found . Quarterly growth remains unchanged with a slight upwards tilt to the annual growth rate. This continues to reinforce the sluggish economic growth seen in the region in Q3 and likely a similar story in Read more »
  • UK October retail sales -0.1% vs +0.2% m/m expected
    Latest data released by ONS - 14 November 2019 - 0.0% - Retail sales +3.1% vs +3.7% y/y expected - Prior +3.1% ForexLive Poor figures all around as retail sales in the three months to a year in October was the weakest since October 2018. ONS notes that all main retail sectors saw sales fall in the month, other Read more »
  • German economy ministry: Q3 business climate indicators send first ray of hope
    Some comments by the German economy ministry after the Q3 GDP report - Economic growth remains weak in Q3 and indicators do not signal a recovery yet - But business climate indicators send 'first ray of hope' ForexLive Read more »
  • US-China talks reportedly stuck on how to enforce farm goods purchases
    Bloomberg reports on the matter It is said that China is resisting a proposal from the US that it provide monthly, quarterly and annual targets for purchases while insisting that both sides must agree to rollback tariffs in phases if a trade deal is reached. Read more »
  • Bond yields continue to track lower on the session
    The likes of gold and the yen are benefiting as a result ForexLive US Treasury 10-year yields are now down by over 5 bps to 1.835% as safety flows continue to move into bonds in the European morning. European equities are also slightly lower though stocks in general haven't been marked lower all too much since yesterday. Read more »
  • China said to have stuck with US soybeans purchases amid trade talk uncertainty
    But the amount purchased is less than what was anticipated The purchases are said to be for shipments for December and January, though it is said that the size of the purchases may only be 10% to 15% of what the market expected. Read more »
  • European equities more flat to kick start the day
    Flattish tones still observed as we start the session - Eurostoxx flat - Germany DAX -0.2% - France CAC 40 flat - UK FTSE -0.2% - Italy MIB flat ForexLive Read more »
  • Spain October final CPI +1.0% vs +1.0% m/m prelim
    Latest data released by the National Statistics Institute - 14 November 2019 - Final CPI +0.1% vs +0.1% y/y prelim - Final HICP +0.7% vs +0.6% m/m prelim - Final HICP +0.2% vs +0.2% y/y prelim Read more »