A very thin day for fundamental news on the economic calendar as America celebrates the Independence Day, so we only have two items of news in Europe to report, which have already been released in this morning’s London trading session.  The first of these was the final services PMI Data, a diffusion index based on [...]

Another relatively quiet day for fundamental news on the economic calendar for the euro vs dollar currency pair as the markets wait for the build up to tomorrow’s ECB rate decision coupled with the NFP numbers which should make for a torrid trading session.  However, we do have an amuse bouche to look forward to [...]

After a very quiet start to the trading week on Monday for fundamental news on the economic calendar Tuesday kicked off in earnest with a raft of numbers which overall has painted a mixed picture for the Eurozone.  First up were the German unemployment figures which came in better than expected at 31k against a [...]

Although the fundamental news on the economic calendar comes in a week which is shortened by the Fourth of July celebrations on Friday it nevertheless has the capacity to inject a degree of volatility into all markets, particularly as the principal items are squeezed  towards the back end of the week with the Non Farm [...]

A relatively quiet day for fundamental news on the economic calendar with only some minor items to stir the otherwise torpid markets into life.  Throughout the day in Europe we have the release of the preliminary CPI figures for the various German States and as always these are presented to the market in a staggered [...]

Following yesterday’s excitement (or rather the lack of it) after the release of the FOMC statement, today is a relatively quiet day for fundamental news on the economic calendar, particularly in Europe where we have only one item, the Industrial New Orders Data.  These measure the change in the total value of new purchase orders [...]

Today’s fundamental news on the economic calendar is, of course, dominated by one item, namely the FOMC interest rate decision and subsequent statement to which the market will be paying very close attention.  If the pundits and commentators are to be believed then the statement will add further downwards pressure on the US Dollar as [...]

A busy day in Europe for fundamental news on the economic calendar today which started early with the GFK German Consumer Index which came in marginally better than expected at 2.9 against a forecast of 2.5.  Regular readers of this commentary will know that I place little faith in such composite surveys which are generally [...]

To say that there is little fundamental news on the economic calendar for today is really an understatement, and a far more realistic assessment would be that there is none in the US and only two minor items in Europe for the euro vs dollar.  All the markets (without exception) are now waiting for a [...]

With absolutely no fundamental news on the economic calendar for the US this afternoon the only items for today relate to Europe with the German PPI and the Italian Unemployment Rate.  The first of these is considered a leading indicator of consumer inflation and once again it was bad news for the German economy with [...]

Federal Reserve Chairman, Ben Bernanke, testified to the Senate committee this afternoon, laying out the FED’s view of the current economic climate globally. The meeting takes place in two parts with a pre-prepared speech first, followed by a question and answer after, and it during the latter session that we often see volatility in the [...]