Britain unable to leave customs union until 2023 – The Telegraph

As reported by The Telegraph, key sticking points centered around technology may prevent a smooth Brexit. Key quotes "Britain will be unable to leave the customs union before 2023, ministers have been told, leading to fears that the delay will be exploited by Remainers to thwart Brexit." ...

Forex today: clouded by nonfarm payrolls / Fed’s two-day meeting yesterday

Forex today was clouded by nonfarm payrolls coming up on Friday early doors while the outcome of the Fed's two-day meeting yesterday leaves the dollar hanging in the balance amongst bulls and bears. The Yen and Kiwi were the strongest currencies on the day while the pound and greenbac ...

South Korea Current Account Balance up to 5.18B in March from previous 4.03B

NZD/USD searching for 0.7050 in the early session

Kiwi rebounds against a receding Dollar, but the hole is still deep. RBNZ policy meeting next week is already expected to change little. The NZD/USD managed a bounce and is trading near 0.7040 after the Kiwi managed to stage a correction against the Greenback, which has been hammering the NZ ...

US GDP tracker update: revised up – Nomura

Analysts at Nomura offered their GDP tracking update. Key Quotes: "While the trade balance narrowed as we expected in March, imports of capital goods excluding autos came in a little stronger than our expectations." "This suggests more domestic equipment investment. As a result, w ...

RBNZ expectations for next week’s RBNZ MPS ? – ANZ

Analysts at ANZ expect that next Thursday, the RBNZ will leave the OCR at 1.75%. The Governor and the mandate may have changed, but the broad story will remain the same. Key Quotes: "Developments since February have been positive for medium-term inflation. But given the balance of risks, w ...

Chile BCCH Interest Rate in line with expectations (2.5%) in April

Fundawrap: Fed, geopolitics and nonfarm payrolls spark up market jitters

From a fundamental take on today's markets, investors have been cautious ahead of Friday's nonfarm payrolls while keeping an ear to the ground with some geopolitical headlines circulating relating to Washington's relationship with Bejing and Iran risk simmers away in the background ...

Market wrap: a softer dollar tone maintained – Westpac

Analysts at Westpac offered a market wrap. Key Quotes: "EUR/USD had a run back up to above 1.2000 in the London morning but slipped a little on Eurozone inflation data. The surprise in Eurozone April CPI (headline 1.2%y/y, exp. 1.3%y/y) was more apparent in the core release (0.7%y/y, exp ...

Peru stocks lower at close of trade; S&P Lima General down 0.85%

Investing.com – Peru stocks were lower after the close on Thursday, as losses in the Banking&Financials, Food&Beverages and Industrials sectors led shares lower. At the close in Lima, the S&P Lima General fell 0.85%. The best performers of the session on the S&P Lima General were ...

USD/CAD in range mode ahead of NFP

Non-farm payroll and the wage’s growth on Friday might unlock the USD/CAD range.  Earlier in the week, the FOMC statement did not break the loonie range. The USD/CAD is trading at around 1.2852 on Thursday as the New York session came to en end. The USD/CAD is struggling to find ...

Bitcoin Eyes Another Crack at $10,000 as Crypto Market Cap Nears $500B

Investing.com – Bitcoin swung to its highest in nearly two months as it eyed another leg higher amid signs of renewed interest in cryptocurrencies. Bitcoin rose 4.95% to $9,685.6 on the Bitfinex exchange after hitting an intraday high of $9,779.0, just shy of its March 11 high of 9,894.7 ...

Wall Street bulls buy the dip

Investors are trying to find a bottom in the market as they are buying the S&P sectors with the worst price momentum of the last weeks. Treasury Secretary Steven Mnuchin and his financial team are in China to try to find a solution to the trade wars.  The S&P 500 dropped below it ...

Day Ahead: Top 3 Things to Watch

Investing.com - Here's a preview of the top 3 things that could rock markets Friday, May 4. 1. It's Jobs Friday Investors will likely look to nonfarm payrolls data due 08:30 am ET – arguably one of the most important economic events of the month – to gauge whether tightness in the labo ...

Mexico stocks lower at close of trade; S&P/BMV IPC down 1.50%

Investing.com – Mexico stocks were lower after the close on Thursday, as losses in the Financial Services, Consumer Staples and Materials sectors led shares lower. At the close in Mexico, the S&P/BMV IPC declined 1.50%. The best performers of the session on the S&P/BMV IPC were Gentera SAB ...