Jackson Hole – Economic Policy Symposium 2014

The Federal Reserve Bank of Kansas City is having its annual with the following headliners on Friday the 22nd: 8 a.m. Opening Remarks Janet L.Yellen Chair, Board of Governors of the Federal Reserve System 12:30 p.m. Luncheon Address Speaker: Mario Draghi President, European Central Bank The Symposium will evolve around the labor markets and relative […]

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US data positive all around – Euro Zone gloomy

Europe consumer confidence has fallen to its lowest levels since April. In the US positive results produced below expected unemployment numbers and jobless claims whilst existing home sales are on the up by beating expectations by .13M. This is fuelling downward pressures on the EURUSD which haven’t let up since Mario Draghi’s negative interest rate […]

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BoE triggers long GBPUSD opportunities

Two members of the BoE voted towards a rate hike indicated confidence in the UK’s progress. This is a good indicator of changing sentiment as other members did not vote for the rate hike solely based protecting growth targets and stress proofing the economy. Whilst the USD has received support due to housing and permit […]

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Eurozone – recovery not on track

Mario Draghi may still have his stars in the Euro zone but with the LTRO policy, low interest rates – the desired effect is not triggering relaxed enough lending behaviour in both banking and business sector. GDP rates depicted here show a slow decline in growth. Is Draghi ready for some QE?

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Apple – needs a game changer to break into the $100′s

Apple has been trading the high $90′s domain for much of the month with little to no downward pressure at all. China has reportedly begun production on items for a Q4 release. Speculations of a larger screen on the iPad and iPhone range is seeing some real traction in speculative buying. Apple iOs 8 does […]

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Amazon – Slow and steady does it

AMZN shaved nearly $50 of its stock price between late July and early August. Amazon is showing movements into the mature era of its business and looking at new areas of growth whilst making the scalability play on its suppliers. Whilst they continue to fight Hachette on pricing on e-books they are also embroiled with […]

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US – German relations under the pump

German remains to be a close ally of Obama on the Russian front but relations have dwindled since 2013 when revelations indicated phone tapping activities on Chancellor Merkel and other European leaders. An outraged Merkel forced the NSA to reduce to a skeleton by the Obama administration and a complete change in the program. 2014 […]

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ZEW lowest in 20 months – Germany – Russia trade on alert

The ZEW index has dropped to 8.6 almost 10 points lower than expectations. This is not a surprise as the increased US sanctions on Russia. Tension is rising and Russia has placed import bans on variety of Australian agricultural products and shown the first signs of push back causing an export loss of AUD$700m to […]

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BoJ Cautious as JPY weakens on Q2 GDP release

Q2 GDP numbers came in at 1.7% and failed to meet expectations by .1%. The sales tax hike has had a definite impact on consumption as Bank of Japan’s board members are taking a more conservative growth outlook towards fiscal indicators for 2015 aiming at a 2% CPI. The BoJ retained its policies and targets […]

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Economic Calender

Real Time Economic Calendar provided by RaoCompanies.com.

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