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29Dec
 
U.S. oil prices hit their highest levels since mid-2015 on the final trading day of the year as an unexpected fall in American production and a fall in commercial crude inventories stoked buying. In international markets, Brent crude oil futures also rose, supported by ongoing supply cuts by top producers OPEC...
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26Dec
 

What is Boxing Day ?

A public holiday celebrated on the first day (strictly, the first weekday) after Christmas Day. It originated in the United Kingdom, and is celebrated in a number of countries that previously formed part of the British Empire. Boxing Day is on 26 December, although the attached...
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21Dec
 

The New York Stock Exchange and the Nasdaq will close at the usual time at 4 p.m. Eastern time on Friday, Dec. 22. Meanwhile the Securities Industry and Financial Markets Association recommends a 2 p.m. Eastern close for bond markets on Friday.

Trading volumes are expected to be thin...
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20Dec
 

JPY:The All Industry Activity Index released by theMinistry of Economy, Trade and Industrycaptures the monthly change in overall production by all industries of the Japanese economy. The index indicates the Japanese GDP and the overall growth figures, providing insight into current levels of Japanese economic expansion. Normally, a high reading...
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19Dec
 

NZD

The Business Confidence released by theshows the business outlook in New Zealand. The Business Confidence allows analysis of economic situation in the short term. Increasing numbers indicates increases in business investment that lead to higher levels of output. Thus, a high reading is seen as positive (or bullish) for the...
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18Dec
 

AUSTRALIAN MARKET HOURS

The Mid-Year Economic and Fiscal Outlook (MYEFO), published by Australian Government, updates the economic and fiscal outlook from the previous budget.The Mid-Year Economic and Fiscal Outlook (MYEFO) updates the economic and fiscal outlook from the previous budget. Clause 14 of the Charter of Budget Honesty requires the release...
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15Dec
 

Eyes on Friday Market

EUR:The Trade Balance released by theis a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the EUR. Generally, if a steady...
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15Dec
 
The U.S. currency had climbed to a one-month high of 113.750 yen on Tuesday. But it made a U-turn midweek after the Federal Reserve tightened monetary policy as expected but also expressed concern about low inflation. The dollar lost further ground after two U.S. Republican senators on Thursday were reported to...
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14Dec
 
The Federal Reserve came through on a widely expected interest rate hike Wednesday following its two-day policy meeting and sharply raised its economic growth forecast for 2018. In their decision, the central bank policymakers mostly followed the script, though they did indicate that one less hike is on the way for...
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13Dec
 
Unemployment Rate (UK): The unemployment rate represents the number of unemployed persons expressed as a percentage of the labour force. The unemployment rate for a particular age/sex group is the number of unemployed in that group expressed as a percentage of the labour force for that group.The ILO definition of unemployment...
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