Market News | Merit Forex

Comments by US Treasury secretary, Steven Mnuchin, in Davos US focused on Phase One deal implementation over the next 30 days There are no deadlines for Phase Two deal

Says Dow Jones index would be up 10,000 points if it weren't for the Fed Says would be surprised if tariffs are needed on Europe

TURKISH FOREIGN MINISTER: WE OPPOSE U.S. SANCTIONS ON IRAN

BOE’s Carney makes no comments on monetary policy or economic outlook Climate is becoming a vector for investment. Climate transition risk is becoming more important.

1. UK Retail Sales UK Retail Sales will be published today. UK Core Retail Sales excluding auto and gas are expected to rise to 2.9% y-o-y from 0.8% growth in the previou...

TRUMP SAYS FRANCE IS PAUSING INTERNET TAX, SAYS HE THREATENED 100% TARIFF ON FRENCH WINE TRUMP SAYS 'ABSOLUTELY SERIOUS' ABOUT IMPOSING TARIFFS ON EUROPEAN CARS IF HE CAN'T STRIKE DEAL WI...

Says he is 'absolutely serious' about tariffs on European cars if he can't get a deal Says France is pausing on the internet tax Says he has no plans to meet Ukraine PM at Davos...

My relationship with Chinese President Xi is an extraordinary one Phase Two negotiations will start very shortly Most of the tariffs will remain in place during Phase Two negoti...

Says that the Fed has raised rates too fast and lowered them too slowly

US in the midst of an economic boom like never seen before Trade deals with China, Mexico represent a new model for the 21st century US economy was in a dismal state under the p...

U.S. PRESIDENT DONALD TRUMP SAYS TRADE AGREEMENTS REPRESENT NEW MODEL FOR 21ST CENTURY

ZEW notes that the jump is mainly due to the US-China trade deal, giving rise to hope that the negative effects from trade on the German economy will be less pronounced. That said, the th...

Actual: 26.7 Forecast: 15.0 Previous: 10.7

U.S. President Donald Trump will deliver a special address in Davos at 10:30 GMT with the theme being 'Beyond Geopolitics'.

UK November average weekly earnings +3.2% vs +3.1% 3m/y expected

Actual: 3.8% Forecast: 3.8% Previous: 3.8%

The UK Office for National Statistics will publish the monthly jobs report today and it will be watched more for what it says about wages than hiring. The UK Unemployment Rate is expected to stay at 3...

Macron/Trump agreed on truce on tariffs until the end of the year

Downward revision to inflation forecasts reflect fall in oil prices Downward revision to inflation forecasts are minor Upward revision to growth forecasts are due to the governm...

BOJ's Kuroda: The Japanese economy is expanding moderately as a trend Economy to continue the expansionary trend through the fiscal year 2021 Risks a...

1. UK Unemployment Rate The UK Office for National Statistics will publish the monthly jobs report today and it will be watched more for what it says about wages than hir...

IMF CUTS 2020 GLOBAL GROWTH FORECAST TO 3.3% VS 3.4% IN OCT.

The United States and China signed the first part of the trade agreement last Wednesday. The trade deal largely priced into markets. Trump said they are leaving tariffs on to allow more leverage in...

Actual: 6.800M Forecast: 7.233M Previous: 7.361M