Forex news for North American trade on February 21, 2019:
- US December durable goods orders +1.2% vs +1.7% expected
- US initial jobless claims 216K vs 228K estimate
- Philadelphia Fed Business index for February -4.1 vs 14.0 estimate
- Canada December wholesale sales +0.3% vs -0.2% expected
- Trump to meet with China chief trade negotiator on Friday
- Australian Minister Frydenberg denies China has banned Australia imports
- Atlanta Fed GDPNow Q4 forecast falls to 1.4% from 1.5%
- Poloz: Anecdotal evidence suggests non-energy investment rising
- Canadian ambassador to US says he believes US will lift metals tariffs within weeks
- BOC's Poloz Q&A: Outright trade war would cause a significant slowdown at the global level
- BOC's Poloz: Path back to neutral rates is 'highly uncertain'
- Juncker and May agreed to focus on temporary backstop guarantees
- Jens Weidmann to serve another 8 years as Bundesbank President
- US weekly oil inventories +3672K vs +3050K expected. Production hits record
- US January existing home sales 4.94m vs 5.00m expected
- US February prelim Markit services PMI 53.7 vs 54.8 expected
- Italy PM Conte: The country's economic fundamentals remain strong
- Fed's Bullard: US economy pretty good, not much faster inflation
Markets:
- Gold down $15 to $1324
- WTI crude down 32-cents to $56.84
- US 10-year yields up 4.6 bps to 2.69%
- S&P 500 down 10 points to 2774
- JPY leads, AUD lags
