News | Forex Optimum



Market movers today - Danske Bank

Danske Bank analysts provided a brief insight into the key events of note on Tuesday.

“The situation in Hong Kong may increasingly become a market focus as fears grow of a crackdown on demonstrators. A Chinese intervention could hurt global risk sentiment as investors would fear a further deterioration in relations between the US and China, including fears that such tensions could derail the trade negotiations with the US. More specifically, Asian currencies would be vulnerable. Today is set to be another quiet day on the data front with few economic releases of notice; the Fed's Williams (voter, neutral) will speak, however. The Hungarian central bank will publish its rates decision. It's a difficult one for the central bank as headline inflation pressures are abating, while core inflation is climbing again toward the upper part of the band. However, given the still challenging global environment, the central bank will probably lean to the dovish side, though not change its rates.”

You may also be interested:

19:11 13.12.2019
U.S. retail sales mixed, but for the most part disappointing – Wells Fargo
Analysts at Wells Fargo note that data released today showed that retail sales in the U.S. rose 0.2% in November, below expectations“This is not the report we needed for our upbeat holiday sales forecast to be accurate. November Retail sales were mixed, but for the most part disappointing. The headline increase was just 0.2%, well short of the 0.5% expectation, although the prior month’s figures were revised higher, which softened the blow. Auto sales rose 0.5%, the second straight monthly
18:49 13.12.2019
USTR press statement on phase one trade deal with China
United States and China Reach Phase One Trade Agreement12/13/2019Washington, DC –  The United States and China have reached an historic and enforceable agreement on a Phase One trade deal that requires structural reforms and other changes to China’s economic and trade regime in the areas of intellectual property, technology transfer, agriculture, financial services, and currency and foreign exchange.  The Phase One agreement also includes a commitment by China that it will make
18:32 13.12.2019
China says first phase of trade deal with U.S. agreed
Says first phase of trade negotiations achieved major progressAn agreement has been reached on textU.S. will follow up on promise to cancel tariffs on a phased basisDeal to protect Chinese firms' legal interests in dealing in U.S.Trade deal to boost confidence of global marketsBoth sides agree to complete last stages as possible including translation and legal review of deal as soon as possibleTwo sides agreed to negotiate on specific arrangement for a signing ceremonyChina has decided to cancel
Bonuses VIP