Australia August Melbourne Institute consumer sentiment +2.8% vs -1.1% prior
Prior was -1.1% Index rises to 85 “Consumers breathed a small sign of relief in August as the RBA Board…
Category: Forex News
Japanese June PPI +3.0% y/y vs +3.0% expected
Prior was +2.9% Prices +0.3% m/m vs +0.3% expected Prior m/m +0.2% No surprise here but it will be interesting…
Fitch cuts Israel's credit rating to 'A' on war tensions
Fitch lowered Israel’s credit rating to ‘A’ from ‘A+’ on Monday, citing worsening geopolitical risks. It continues to hold a…
Iran attack not happening tonight – report
“U.S. & Israeli officials tell me their assessment is that the Iranian attack isn’t happening tonight,” Axios reporter Barak Ravid…
War? What is it good for
It’s coming up on midnight in Israel so if we’re likely to see an Iranian attack, it should come in…
US federal budget deficit for July -$244.00 billion versus -$242.00 billion estimate
U.S. July budget deficit: $244 billion, up 10% from a year earlier. Adjusted deficit would be $45 billion narrower due…
Crude oil futures settle at $80.06, up $3.22 or 4.19%
The price of crude oil futures are settling above $80 for the first time since July 18. The price settled…
Crude trade above $79. Highest level since July 19
As chatter for a retaliatory strike by Iran on Israel get louder, the price of crude oil is stepping higher.…
Geopolitics: US State Department believes that a cease-fire agreement is still possible
US State Department is out saying: Deeply concerned by reports that Iran is planning to deliver hundreds of ballistic missiles…
And US stocks head lower as Europe heads toward its close. European indices close mixed
As London/European traders look to exit for the day, stocks have turned back to the downside. The S&P is now…