Forex and the Economy

DAX gains ground as Italian markets recover

The DAX index has posted considerable gains in the Tuesday session. Currently, the index is at 11,689, up 0.66% on the day. In economic news, German ZEW Economic Sentiment plunged to a level of -24.7, well below the estimate of -12.3 points. Eurozone ZEW Economic Sentiment followed a similar trend, ...

EUR/USD – Euro shrugs off dismal German ZEW Economic Sentiment

EUR/USD is steady in the Tuesday session, after posting slight gains to start the week. Currently, the pair is trading at 1.1579, unchanged on the day. On the release front, German ZEW Economic Sentiment plunged to a level of -24.7, well below the estimate of -12.3 points. Eurozone ZEW Economic Se ...

Markets stable for now but risks pile up

Saudi in the spotlight as lies start to unravel Investors may not be feeling particularly comfortable yet but we are seeing some welcome stability in the markets on Tuesday, with Europe posting small gains following a mixed session in Asia overnight. US futures are also pointing a little higher whi ...

The buck cannot find a bid

Tuesday October 16: Five things the markets are talking about The ‘big’ dollar came under pressure yesterday and is finding it difficult to gain much traction this morning as investors taking profit on U.S assets outweighs concerns about Italy, Brexit and a Sino-U.S trade war. Furthermore, twi ...

Commodities Weekly: Gold at 2-1/2 month high as safe haven status reborn

Precious metals are on the rebound as the US dollar goes in to pause mode after recent gains, while base metals firm up on supply-side issues. Crude oil prices push higher amid geopolitical tensions while weather-related supply side issues help agricultural commodities. Precious metals GOLD advance ...

Asia Market update : A time out

China Data China CPI data came out bang on market expectation while the PPI rose slightly 3.6 % versus 3.5 % but continues to trend lower despite weaker Yuan and tariff price pressures. But given the delta to expectations are negligible there isn’t much of trade to be had on the data. Regional eq ...

Daily Markets Broadcast – 2018-10-16

Daily Markets Broadcast 2018-10-16 Wall Street weaker, pressured by tech sector The Friday rebound on Wall Street proved fleeting as selling restarted yesterday, led by the tech sector amid concerns about earnings reports. Gold topped the dollar as the go-to safe haven, while Brexit stalemate and ...

Risk remains on the back foot

  Risk remains on the back foot Risk sentiment remains on the back foot as the volatile stock action continued in Asia and Europe overnight. And while the US markets ended a very jittery day lower, the losses were limited as the markets enter a stalemate period to rethink the plethora of looming m ...

Ten Investor Takeaways From the 2018 Annual IMF/World Bank Meetings

Global central bankers, finance ministers and representatives from the private sector and civic groups gathered in Bali recently for the annual meetings of the IMF (International Monetary Fund)/World Bank Group. Below are 10 key takeaways from the discussions. 1) Investor global risk sentiment is c ...

Managing floods for inclusive and resilient development in Metro Manila

Editor's Note: The global water crisis is a crisis of too much, too polluted and too little. At the World Bank, our job is to find and implement solutions to tackle this crisis. In the “Water Solutions” blog series, you’ll read about World Bank-supported projects in different countries whic ...