Wall Street fell on Thursday after retail sales dropped for the first time in 10 months in December, as economic activity in the U.S. slowed at the end of 2018 during the government shutdown. The S&P 500 slipped 14 points, or 0.53%, as of 9:30 AM ET (14:30 GMT), while the Dow lost 82 points, … Continue reading Wall Street Slumps After Retail Sales Fall in December
Overnight, the dollar fell against a basket of major currencies on Monday, as investors dumped the dollar amid doubts over President Trump’s ability to deliver on his pro-growth economic agenda. The dollar dropped to its lowest level since November, as the U.S. House of Representatives’ decision to withdraw a healthcare bill to repeal and replace … Continue reading USD Still Under Pressure | Oil Poised for Gains?
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4:30pmUSD Core Durable Goods Orders m/m 0.7%1.2% Specs© Forex FactorySourceCensus Bureau (latest release)MeasuresChange in the total value of new purchase orders placed with manufacturers for durable goods, excluding transportation items;Usual EffectActual > Forecast = Good for currency;FrequencyReleased monthly, about 26 days after the month ends;Next ReleaseFeb 27, 2014FF NotesOrders for aircraft are volatile and can severely distort the underlying … Continue reading 28TH JANUARY-TRADE CORE DURABLE GOODS ORDER -500PIP WORTH NEWS
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