US-China Trade War Intensifies as China Retaliates

Daily Update - 14th May 2019

Yesterday’s Explained

• AUD Home Loans

Australia remains slow on the Housing Market Index & the major focus of the economy remained around the Geo-Political Tensions between United States & China on Trade and the Growing fears of another Middle Eastern Tensions between Iran & China.

 

Today’s Market

• Germany Harmonized Index & ZEW Survey
• UK Unemployment

Today’s Focus

Tuesday will be a busier day than the prior to kick it off Germany will release their Harmonized Index which is a key indicator on the current inflationary levels of Germany. Which is the largest contributor of the euro economy. Followed by Germany’s ZEW Survey which is a key indicator of their current Economic conditions and their Investor confidence in that market.

Finally to conclude the busy day, UK will release their unemployment data which will be a key indicator of their current economic condition after Brexit took off.