Weekend Developments – China May Call off Trade Deals with US, G-7 Meeting Concludes News from Xinhua News Agency on Sunday that China may call off trade deals with the US if tariffs are imposed had an initial impact on currencies. As a reminder, last week the US moved ahead with roughly $50b in import […]
Read moreAUSTRALIAN RETAIL SALES, TALKING POINTS: Australian retail sales inched up past forecasts in April Corporate profits rose too However the Australian Dollar clearly has more pressing concerns Get live interactive coverage of all major Australian economic news, including Tuesday’s interest-rate decision, at the DailyFX Webinars The Australian Dollar showed muted reaction Monday to some quite […]
Read moreASIAN STOCKS TALKING POINTS: Asian stocks rose across the board The US Dollar was supported anew by good economic news from its homeland The Australian Dollar market looked to the Reserve Bank Find out what the #1 mistake that traders make is and how you can avoid it. Asian stocks rose on Monday, apparently reacting […]
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