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Tag: US Natural Gas Storage

Winds of Trade War Howling ( OANDA Bloomberg Radio)

Stephen Innes, Head: Trading Asia Pacific, Oanda, discussed the war of attrition we are seeing on trade tariffs between the U.S. and China with Bryan Curtis and Paul Allen. He goes onto look at haven demand, how U.S. goods could face a broader international backlash and finally explains why he sees the Malaysian ringgit as […]

It’s showtime !

Enough with the speculation and all the teasers, it’s showtime!chil Not surprisingly it was a quiet session overnight despite the abundance of commentary and conjecture for today’s Trump-Kim Summit. FX interbank tapes indicated a staggering -45 % drop in electronic volumes as traders thought best to sit on their hands ahead of this week’s significant […]

MARKETS BRACE FOR “BUSIEST WEEK OF THE YEAR”( BFM Radio 89.9 KL)

MARKETS BRACE FOR “BUSIEST WEEK OF THE YEAR” Stephen Innes, Head of Trading in Asia-Pacific, OANDA, Singapore Also, Friday marks the deadline for the White House to finalise a list of tariffs on Chinese goods. Stephen outlines how market expectations are shaping up for the week ahead. Presented by: Sharaad Kuttan, Melisa Idris, Tan Chung […]

Gold Yawns as US Jobless Claims Within Expectations

  Gold has inched higher in the Thursday session. In the North American session, the spot price for one ounce of gold is $1297.31, up 0.05% on the day. On the release front, U.S, unemployment claims ticked higher to 222 thousand, just below the estimate of 223 thousand. On Friday, G-7 leaders will gather in […]

GBP/USD – British Pound Shrugs Off Strong Housing Inflation Data

The British pound has posted slight gains in the Thursday session. In North American trade, GBP/USD is trading at 1.3432, up 0.15% on the day. On the release front, British Halifax HPI recorded a strong gain of 1.5%, beating the estimate of 1.1%. In the U.S, unemployment claims ticked up to 222 thousand, just below […]

USD/CAD – Will Ontario Election Shake Up Canadian Dollar?

It has been an uneventful week for the Canadian dollar, and the trend has continued on Thursday. Currently, USD/CAD is trading at 1.2958, up 0.11% on the day. On the release front, the U.S unemployment claims is expected to edge up to 223 thousand. The Bank of Canada will release its semi-annual Financial System Review, followed by a […]

EUR/USD – Euro Rises to 3-Week High on Talk of Stimulus Wind-Up

EUR/USD has posted gains in the Thursday session. Currently, the pair is trading at 1.1822, up 0.40% on the day. On the release front, German Factory Orders plunged 2.5%, missing the estimate of 0.7%. In the eurozone, Revised GDP dipped to 0.4%, matching the estimate. In the U.S, unemployment claims is expected to edge higher […]

Investors utterly unfazed by trade tariffs

  Investors utterly unfazed by trade tariffs Stock market investors remain utterly unfazed by the prospects of trade tariffs or even higher interest rates as consecutive monthly payroll numbers continue to support the Goldilocks economy sweet spot scenario. Employers are aggressively ramping up staff, but wages are rising much less dramatically. So far, investors remain […]

USD/CAD – Canadian Dollar Jumps on BoC Optimism, GDP Next

The Canadian dollar continues to gain ground in the Wednesday session, after posting sharp gains on Tuesday. In the North American session, USD/CAD is trading at 1.2845, down 0.24% on the day. On the release front, Canada will release GDP and the US publishes Personal Spending and unemployment claims. It’s been an impressive turnaround for […]