Daily Brief
Daily Brief

Most of Wednesday' US statistics were of the ho-hum variety. MBA mortgage applications were up by 13.5%. Import and export prices were both down by an annual 0.6%. Crude oil stocks were down by 2.7m bbl on the week.

Daily Brief
Daily Brief

Things did not go well for the USD on Wednesday. Its principal handicap was the Federal Reserve but the president did nothing to lighten the mood when he stormed out of a discussion about the government shutdown...

Daily Brief
Daily Brief

The NFID Small Business Optimism Index - it does what it says on the tin - scored a 104.4 for December, down from the previous month's 104.8.

Daily Brief
Daily Brief

It was a slow start for the dollar, at least as far as US economic data were concerned. The Redbook Index put December's retail sales 9.3% above the same month in 2017...

Daily Brief
Daily Brief

The excitement on Thursday, once again, was to be found in the stock market not in exchange rates. In a two-hour stint the DJ30 jumped more than 4% before settling into a new, higher trading range.

Daily Brief
Daily Brief

Gross domestic product expanded by an annualized 3.4% in the third quarter, a little less than previously estimated...

Daily Brief
Daily Brief

The festering trade war and the detention without bail of Huawei's CFO threatened to put Apple's Chinese manufacturing facilities in Beijing's cross-hairs...

Daily Brief
Daily Brief

Huawei, jobs and trade all worked against the USD at the end of the week, and the currency is 0.4% lower against the EUR...

Daily Brief
Daily Brief

In a widely-anticipated speech New York Fed president John Williams spoke about monetary policy but he disappointed investors by not touching on current rate settings.

Daily Brief
Daily Brief

The USD cruised through the early part of the day, even though there was nothing special about the US economic data. Revisions to third quarter gross domestic product left annualized growth unchanged at 3.5%.