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    A Growth-Augmented Phillips Curve

    From clevelandfed.org|Jul 3, 2020

    But does the flatter Phillips curve really imply that the relationship between inflation and economic activity has weakened? In this article, we revisit the relationship by focusing on the role of economic growth for inflation dynamics. We present empirical evidence from an estimated Phillips curve model that shows economic growth has become a significant ...

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    Weekly Forex Forecast for July 6 10, 2020

    From dailypriceaction.com|4 hr ago

    The EURUSD looks primed for a breakout. I mentioned this descending channel in last weeks forecast video. Given the rally in late-May and early June, this channel could very well be a bull flag that sends EURUSD higher. However, as I wrote last week, the top of that channel near 1.1260/70 is going to play a critical role. Euro bulls need to secure a daily ...

    Second Spanish region goes back into lockdown after new Covid outbreak

    From dailymail.co.uk|10 hr ago|4 comments

    A second Spanish region made up of 70,000 people is going back into lockdown after a new coronavirus outbreak. Entry into and out of La Marina, which lies 90 miles east of La Coruna in Galicia, will be banned from midnight tonight and gatherings of more than ten people will be banned to limit the possibility of contagion. Locals will not be stopped from ...

    Florida Adds 10,000 New Virus Cases; FDA Chief on GOP Meeting

    From bnnbloomberg.ca|10 hr ago|1 comment

    Floridas Covid-19 cases rose on Sunday in line with the one-week average but still above 10,000 as the head of the U.S. Food and Drug Administration said it was too soon to tell if the Republican convention in Jacksonville will be safe. Reported cases rose by 10,059, or 5.3%, to 200,111, compared with an average 5.3% in the previous seven days. The ...

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    NZD/USD Rate Approaches June High while Net-Short Interest Jumps

    From dailyfx.com|18 min ago

    NZD/USD appears to be on track to test the June high (0.6585) as it extends the advance from the start of July, with the appreciation in the exchange rate fueling a jump in net-short positions. The New Zealand Dollar trades to a fresh monthly high (0.6549) against its US counterpart as the IG Client Sentiment report continues to show crowding behavior in ...

    Weekly Forex Forecast for July 6 10, 2020

    From dailypriceaction.com|4 hr ago

    The EURUSD looks primed for a breakout. I mentioned this descending channel in last weeks forecast video. Given the rally in late-May and early June, this channel could very well be a bull flag that sends EURUSD higher. However, as I wrote last week, the top of that channel near 1.1260/70 is going to play a critical role. Euro bulls need to secure a daily ...

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    CMC Markets reports operating income with 102.3m in excess for Q1 2021

    From leaprate.com|Jul 4, 2020

    The global provider of online trading CMC Markets Plc released its trading update for the first quarter of the financial year 2021, from 1 April to 30 June 2020. The company reported starting the quarter from a strong position and continuing to perform well. The client trading activity almost doubled compared to the same period the previous year. Client ...