Post Tagged with: "G7 Meetings"
G7 offering little of substance so far
The official communiqué from the meeting of G7 finance ministers and central bankers over the weekend failed to provide any real inspiration for markets. Whilst it did acknowledge that: “…there are now clear signs of a slowdown in global growth”, there was no sense of common purpose with regards to the G7’s approach to tackling
Forex Daily Outlook – September 9 2011
Canadian Employment data and the G7 meeting are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Wholesale Inventories. The value of merchandise inventory increased less than predicted in June rising 0.6% after an increase of 1.7% in the previous month. A rise of 0.8% is expected
Forex Daily Outlook – April 14 2010
US PPI, US Unemployment Claims and the G7 Meetings are the highlights today. Let’s review the major market movers lined up. In the US, Producer Price Index a leading indicator of consumer inflation gained 1.6% in February wekk above the 0.7 increase forecasted by analysts and following 0.8% rise in the previous month. A further
Forex Weekly Outlook – February 8-12
After one of the wildest weeks that we’ve seen in quite a while, the upcoming week seems more quiet, at least at the beginning. The echoes of the Non-Farm Payrolls will be heard during this time. Later on, some major market moving events are due. Here’s the outlook for the second week of February. Finance
The Road To Recovery is Narrow
After a few long weeks of good news from the American economy, this week’s figures have given a blow to the hopes of recovery. What does this mean for the US dollar? Non-Farm Payrolls, the single top rated indicator, was better than expected, showing a fall of “only” 539K jobs in April. This was the
Forex Daily Outlook – April 27th 2009
Forex trading begins slowly this week, with a few indicators and some news affecting the markets. Let’s see what’s up. Trading will be affected by the optimistic G7 Meetings. Finance ministers expressed a notion that “the worst is behind us”. This could ignite risk appetite, which will send the dollar down. Read more about how
G7 Optimism – Bad for the Dollar
G7 Finance ministers expressed optimism in their meetings this weekend. This optimism ignites risk aversion which isn’t good for the US dollar, and might send other currencies higher against it. Finance ministers of the Group Of Seven met this weekend in Washington DC to discuss the state of the global financial crisis. These finance ministers,
Forex Daily Outlook – April 24th 2009
The last day of this week has many important releases, and two special events: G7 Meetings and the Bank Stress Test Info. Let’s see what’s on the menu in this exciting day: G7 Meeting are held throughout the day in Washington DC. This may also be seen as a follow up on the G20 summit, that