forex news

Breaking News: US Treasury Sec: More Turkish sanctions prepared if pastor not released

According to Bloomberg, the U.S. Treasury Secretary Steven Mnuchin said that the U.S. was planning to introduce new sanctions on Turkey if pastor Brunson wasn’t released. Meanwhile, President Trump said that Turkey hasn’t turned out to be a great friend.  The USD/TRY quickly rose more than 2000 pips with the initial market reaction and was […]

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US: Treasury targets shipping industry and other facilitators of N. Korea UN security council violations

“The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced North Korea-related designations, continuing the implementation of existing UN and U.S. sanctions,” the U.S. Department of Treasury announced in a recently published press release. “Treasury will continue to implement existing sanctions on North Korea, and will take action to block and […]

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Market wrap: light volumes seen with treasury yields down a few basis point – ANZ

Analysts at ANZ explained that equities were mixed on light volumes with treasury yields down a few basis points. Key Quotes: “The USD strengthened and oil found some stability. European equities traded sideways with volumes down about 35% compared to the last 100 trading days, and the major US stock indices were largely unchanged. Telecommunications […]

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US: Treasury 30-year bonds go at 3.090% high rate – Reuters

Record-high 30-year U.S: T-bond auction sees 3.090% at the high rate, as reported by Reuters. Bbid-to-cover ratio at record U.S. 30-year treasury bond auction lowest since February. U.S. Awards primary dealers biggest share of u.S. 30-year bond supply since February. U.S. Awards direct bidders smallest share of u.S. 30-year bond supply since January.

forex news

NZD traders – New Zealand Treasury says there are “Mixed messages for growth”

The latest New Zealand Treasury’s Monthly Economic Indicators (for July) is out now In summary: Mixed messages for growth as labour income continued to grow strongly but retail card spending weakened Risks to our growth forecasts are rising as the housing market cools, business confidence weakens, and international trade tensions rise Inflation remained subdued, but pressures […]