Market News

Headlines the Economic Calendar on Wednesday


1. Canada Inflation Data The Canada CPI is expected to come out at 0.1% m/m and y/y inflation is expected to ease to 1.7% in July from 2.0%. 2. US Existing Home Sales We will get an update on the health of the U.S. housin...

21 Aug 19 (Wed)

06:02 am

Sterling spikes after Merkel says practical solutions needed on Irish border


Merkel says on backstop issue it's a question of the political declaration, not withdrawal agreement. There's no need to re-open deal.

20 Aug 19 (Tue)

02:13 pm

Comments from Boris Johnson


We are ready to negotiate, in good faith, an alternative to the backstop Until the agreement is reopened and backstop abolished, there is no chance of a deal

20 Aug 19 (Tue)

01:12 pm

UK PM Johnson: We will be ready for a no-deal Brexit


UK PM Johnson says the UK will be ready to come out of the EU on October 31st, deal or no deal

19 Aug 19 (Mon)

11:45 am

Wilbur Ross: US will delay Huawei ban by 90 days


Will delay ban for some businesses But US had added more than 40 Huawei subsidiaries to entity list

19 Aug 19 (Mon)

11:39 am

Germany reportedly readying up stimulus plan as contingency for deep recession


The report says that the government is preparing fiscal stimulus measures that could be triggered by a deep recession. Adding that the program would be designed to bolster the domestic economy and consumer spending to prevent large-scale unemployment. The report also notes tha...

19 Aug 19 (Mon)

11:21 am

Eurozone CPI (YoY) (Jul)


Actual: 1.0% Forecast: 1.1% Previous: 1.3%

19 Aug 19 (Mon)

09:01 am

Coming Up: Eurozone Consumer Price Index


The Eurozone will publish inflation figures for July. On the year-on-year basis, the Eurozone CPI is expected to stay at 1.1%. The core figure, without volatile energy and food prices, is seen holding steady at 0.9%, unchanged from the preceding month.

19 Aug 19 (Mon)

08:57 am

Breaking News


CHINA GENG SAYS US SHOULD IMMEDIATELY CANCEL ARMS SALES TO TAIWAN OR BEAR CONSEQUENCES

19 Aug 19 (Mon)

07:44 am

Why Is The Upcoming Jackson Hole Summit Important?


The Euro was under selling pressure last week despite mounting evidence that the German economy is heading toward a recession. The US dollar rose versus the Euro after the release of US inflation data. The US CPI increased to 1.8% yoy ahead of the 1.7% forecast. Core CPI, which excludes...

19 Aug 19 (Mon)

06:25 am

Breaking News


German government is getting prepared for deficit spending in case of recession

16 Aug 19 (Fri)

03:00 pm

US Michigan Consumer Sentiment (Aug)


Actual: 92.1 Forecast: 97.2 Previous: 98.4

16 Aug 19 (Fri)

02:01 pm

US Housing Starts (Jul)


Actual: 1.191M Forecast: 1.257M Previous: 1.241M

16 Aug 19 (Fri)

12:30 pm

US Building Permits (Jul)


Actual: 1.336M Forecast: 1.270M Previous: 1.232M

16 Aug 19 (Fri)

12:30 pm

Coming Up: US Housing Data


Economists expect that housing starts to rise to an annual rate of 1.257 million last month, up from a reported 1.253 million starts in June. Building permits an indication of future demand, are forecast to show an increase to a rate of 1.270 million, up from 1.22 million units in June....

16 Aug 19 (Fri)

12:15 pm

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