November 19: Digest Review

Safe assets are in demand again amid an optimism decrease.

Economic News
2019年11月19日

This week is not saturated with macroeconomic reports, and Tuesday is no exception. The key event of the day can be considered the publication of the RBA minutes on monetary policy in Australia. As a result, the AUD was under pressure because the report showed that the RBA considered reducing of the rate. Another negative factor for the AUD is the decrease in optimism about a deal between the US and China. Therefore, safe assets are strengthening today.

In the EU, the most important event was the adoption of the budget for 2020, which provides for increased spending on climate, counteracting the unemployment, and additional funding in the event of Britain's exit from the EU. At the same time, all additional costs will be provided by Germany.

In the afternoon, data on the number of construction permits issued in the United States, sales in the Canadian manufacturing sector, as well as the price index from global dairy trade are expected.

Stanislav Litinskyi

Economic News

Market Overview, November 18

The protests in Hong Kong are still going on, Johnson is leading in the UK polls, while Saudi Arabia dawdles its feet on Aramco IPO.

Anna Sneider
2019年11月18日

Economic News

Market Overview, November 15

The last day of the business week will be busy, with retails sales and oil reports from the US.

Anna Sneider
2019年11月15日

Economic News

Trump Mudding the Waters on the Korean Peninsula

The US President is jeopardizing the US friendship with South Korea with a 500% price increase.

Anna Sneider
2019年11月15日