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FxWirePro: 18th February Key updates

Here are some key updates that as a trader you need to keep a tab on.

It’s a quiet start to the week with the United States and Canada closed for the holiday.

Brexit and UK politics:

  • UK’s Brexit secretary confirmed that he is heading to Brussels to meet European Union’s chief negotiator Michael Barnier to discuss the Irish-backstop issue, which has been one of the most contentious issues.
  • However, the EU has once again reminded that the current Brexit agreement is not up for negotiations.
  • Seven lawmakers from the UK’s opposition Labour Party (Luciana Berger, Chuka Umunna, Chris Leslie, Ann Coffey, Angela Smith, Gavin Shuker, Mike Gapes) have resigned from the party citing dissatisfaction over the direction of the party.
     

Weakness in the German economy:

  • German central bank, better known as the Bundesbank warned that though there is no sign that the current slowdown is morphing into a downturn, the weakness in the economy likely to persist at least in the first half of the year 2019.

U.S.- EU trade war:

  • As the U.S. Commerce Secretary Wilburs Ross submitted national security review of car imports to the United States to President Trump, the EU has warned the United States against imposing tariffs on car imports as it would act swiftly if such happens. President Trump has 90 days to respond to the report.

 

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May 24 19:00 UTC Released

USCattle Marketed

Actual

106.9 %

Forecast

106.6 %

Previous

97 %

May 24 19:00 UTC Released

USCattle Placed On Fd

Actual

108.7 %

Forecast

113 %

Previous

105 %

January 31 00:00 UTC 692349692349m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 692349692349m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 704169704169m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 692349692349m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 704169704169m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 692349692349m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 692349692349m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 692349692349m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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