FX U−Turn, Why USDJPY Pullback Should be Temporary
BK Asset Management − It has been an extremely volatile day in the financial markets with a complete U−turn in currencies and equities. The U.S. dollar and U.S. stocks had been trading well for most of the NY session but in the last 2 hours of trading, things went south very quickly.
GBP/USD: Trading the British Secondary GDP
Forex Crunch − The markets remain pessimistic about the prospects of the British economy. This was underscored by the fact that positive UK employment numbers last week failed to prop up...
Bank of Japan not concerned about increase in bond yields
Danske Bank − There were no major surprises in connection with today's Bank of Japan (BoJ) meeting and the market impact should be neutral.
| May 23 08:30 GMT | 0.3% Consensus | -0.3% Previous |
EMU Consumer Confidence
May 23, 14:00 GMT
EMU Markit Manufacturing PMI
May 23, 07:58 GMT
EMU ECB President Draghi's Speech
May 23, 07:30 GMT
| May 22 14:00 GMT | - Consensus | - Previous |
Bernanke warns ‘premature’ Fed tightening could stifle US economic recovery (FXstreet.com)
Read the official report at Federal Reserve
Asia Market Open - USD stays well bid after Bernanke testimony by FXWW
US Durable Goods Orders
May 24, 12:30 GMT
| World Interest Rates | |||||||
|---|---|---|---|---|---|---|---|
| US: 0.25% | EMU: 0.5% | UK: 0.5% | JP: 0.1% | CH: 0% | CA: 1% | AU: 2.75% | NZ: 2.5% |
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Wayne McDonell
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