United States RealClearMarkets/TIPP Economic Optimism (MoM) came in at 44, below expectations (47.2) in February
USD/JPY hovers near weekly highs amid Powell’s comments, US data
Though virtually unchanged, the USD/JPY trades near the week's highs early during the North American session.
Canada Ivey PMI index for January 56.5 versus 56.3 last month
<ul><li>Prior month 56.3</li><li>Ivey PMI SA 56.5 versus 56.3 last month</li><li>Unadjusted PMI 54.4 versus 43.7 last month.</li><li>Employment index 57.2 versus 57.9 last month</li><li>inventories 50.3 versus 49.1 last month</li><li>Prices index 62.2 versus 64.5 last month. &l
Geopolitics: Former US Pres Trump does not have presidential immunity. Can be put on trial
<p>In geopolitical news, a Washington appeals court denies former US Pres.Trump presidential immunity from charges he plotted to overturn the 2020 election. It is expected that he would contest the decision at the US Supreme Court.</p><ul><li>The U.S. Court of Appeals for the D.C. Circuit ruled that Trump's efforts, inc
ECB’s Vujcic: We need some patience now
<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-ecb13.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p> <p>In an interview with Reuter
Japanese Yen Calm After Mixed Spending and Income Data
<p><img width="612" height="417" src="https://www.actionforex.com/wp-content/uploads/2018/10/f-jpy90-e1606737862812.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2018/10/
Is German Industry Ready for Revival?
<p><img width="612" height="415" src="https://www.actionforex.com/wp-content/uploads/2020/05/f-germany6.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-conte
US stocks trading higher in early trading
<p>The major US stock indices are trading higher on the day with the Dow 30 stocks doing better today. </p><p>A snapshot of the market currently shows:</p><ul><li>Dow Industrial Average up 132 points or 0.34% at 38509</li><li>S&P index up 12.19 points or 0.25% at 4955</li><li>NASDA
Australian January industrial manufacturing index -23.8 vs -25.3 prior
<ul><li>Prior was -25.3</li><li>Construction index -11.5 vs -22.2 prior</li><li>Industry index vs -22.4 prior</li></ul><p>That's a big improvement on the construction side. That's something to keep an eye on.</p><p>This survey used to be a market mover but now more of the f
Looking for global growth signs in Korea
<p>Is South Korean manufacturing a good barometer of global demand?</p><p>Scotiabank economists see some bright spots in global manufacturing and particularly in Korean exports.</p><blockquote>From a global perspective, China remains the weak link; however, we do flag the solid rebound in Korean exports (+18% y/y), whi