wrapper

Steadier Monday's session ahead of quite volatile week

It is a quite Monday's session with no major data releases. However, this is just beginning of the week which will have central banks in focus, in particular FOMC Meeting. Monday is looking rather quiet but gives markets another opportunity to properly absorb last week’s ECB announcement before other central banks steal the spotlight. Europe is expected to open a little higher, building on Friday’s gains and taking a lead from the positive session in Asia overnight.
Read more...

China's Industrial Production rose by 5.4%

Value-added industrial output in China rose ​5.4​% in the January-February period from a year earlier, slowing from 5.9% growth in December, data from the National Bureau of Statistics showed​ on Saturday​. Industrial production, a rough proxy for economic growth, undershot a median 5.6% growth forecast by 17 economists polled by The Wall Street Journal. Read more...

Aussie again testing 0.75 handle

With nothing on the domestic or regional data today, CBA’s currency strategist Elias Haddad suggests the next point of market interest for Aussie will arrive over the weekend. “The next major AUD signpost will be the Chinese activity data batch (fixed asset investment, industrial production and retail sales) for January-February released on Saturday,” says Haddad.
Read more...

China's CPI rose by 2.3% in February

China’s consumer price rose the most since mid-2014 in February as food costs jumped amid the week-long Lunar New Year holidays, where millions binge on roast pork, duck, seafood and vegetables. The consumer-price index rose 2.3 percent in February from a year earlier, up from 1.8 percent in January, as food prices surged 7.3 percent. Raising question marks over the durability of that pickup, non-food prices moderated from a month earlier to a 1 percent increase and services inflation slowed. 
Read more...

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.

Copyright © 2024 Forex web news - Daily news, forecasts, analysis and charts for active Forex traders. All Rights Reserved. Designed by Ampelos