Former Conservative party chairman Grant Shapps talking to BBC 6 Oct
- currently around 30 MPs, inc 5 former cabinet ministers, want PM May to resign
- don't have one single candidate in mind to replace her
Yea yea, we know how it works. Now it's all over the press and you're on BBC radio talking about it.
The post UK’s Shapps says talk of 30 Conservative MPs wanting May out is ” about right” appeared first on Forex news forex trade.
European equities in positive territory as we wait on official openings 6 Oct
- DAX futures +0.2%%
- CAC40 +0.1%
- FTSE +0.2%
German bund futures +5 at 161.27
The post Eurostoxx 50 futures up 0.1% in early European trading appeared first on Forex news forex trade.
Germany Aug factory orders data now out 6 Oct
- 0.7% prev revised up from 0.4%
- yy 7.8% vs 4.7% exp vs 5.4% prev revised up from 5.0%
Stronger data out of Germany leaves EURUSD at 1.1700 after an early dip to 1.1686
The post Germany Aug factory orders mm 3.6% vs 0.7% exp appeared first on Forex news forex trade.
Forex news for the European morning trading session 5 Oct 2017
Should you use EAs in forex trading?
- SNB's Jordan says Swiss franc is still strong
The post ForexLive morning news wrap: Pound in retreat again on Brexit and May concerns appeared first on Forex news forex trade.
Currently 132.32 after 132.77 session highs
Euro drifting back off across the board and USDJPY failing to hold support at 112.70 and dropping to test the next line at 112.50
The post EURJPY orders 5 Oct – In retreat again but dip demand noted appeared first on Forex news forex trade.
ECB's Nowotny talking in Trend magazine 5 Oct
The news was circulating a short while ago but has made little impact on the euro given it's Nowotny's established position.
The post Nowotny says ECB must take foot off QE gas pedal gradually, not hit the brakes appeared first on Forex news forex trade.
Saudi energy minister out on the wires earlier 5 Oct
- we encourage other oil producers to follow suit
Oil prices firming this morning on the production cut-positive tones
The post Saudi Arabia say they going to be committed to oil production curbs appeared first on Forex news forex trade.
Germany's BDI industry association out with a breiuf statement 5 Oct
Lack of progress concerns? Join the queue.
- German companies in UK must make provisions for possibility of very hard Brexit
All very unknown outcome still hence the guarded/cautious tones.
The post Germany’s BDI express concern over rate of progress in Brexit talks appeared first on Forex news forex trade.
Equity markets in uncertainty territory as trading officially gets underway 5 Oct
Chinese markets closed this week
The post European equity markets delicately poised 5 Oct appeared first on Forex news forex trade.
Currently 112.80 in a 112.65-00 range.
Let's hope it livens up a bit eh?
Sell interest building around 113.00 ahead of 113.20-25 recent highs but demand building around 112.70 too.
The post USDJPY orders 5 Oct – Tightly bound again appeared first on Forex news forex trade.