• The ECB remained on hold yesterday, while the statement accompanying the decision contained no major changes from previously. The Bank kept intact its dovish forward guidance that the QE program...
• Today, the highlight will be the ECB rate decision, followed by a press conference from President Draghi. The forecast is for no change in policy. On Tuesday, the euro surged following a Reuters...
• In the US, the big event will be an announcement from President Trump regarding his highly-anticipated tax plan. Given that investors have been waiting for details on that plan for months, any...
• The Canadian dollar tumbled during the early Asian morning Tuesday, following an announcement by US Commerce Secretary Ross that his nation will impose a 20% tariff on softwood lumber coming...
• The euro opened with a large positive gap against its major peers on Monday, following the outcome of the first round of the French presidential election. The two candidates that qualified for...
• On Sunday, French citizens are called to elect their government leader, but the final outcome is unlikely to be sealed on that day. According to the opinion polls, there is no candidate gaining...
• Overnight, New Zealand’s CPI rate for Q1 surged to +2.2% yoy from +1.3% in Q4. This was the first time in 5 years inflation propped above the midpoint of the RBNZ’s inflation target range of 1-3...
• Yesterday, in a surprise for the markets move, British PM Theresa May announced that she will seek an early election on June 8th in order to strengthen her hand going into the UK-EU divorce...
• Overnight, the Reserve Bank of Australia released the minutes from its latest policy meeting. The minutes reflected more or less the meeting statement, highlighting the softness in labor market...
• On Sunday, Turkish people voted “yes” in a referendum asking on whether to turn Turkey from a parliamentary to a presidential republic. The referendum approval grants President Erdogan sweeping...
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