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Armstrong Economics

ASIA: The major Asian stock markets had a green day today: NIKKEI 225 increased 376.21 points or 1.21% to 31,524.22 Shanghai increased 25.43 points or 0.79% to 3,230.07 Hang Seng increased 733.03 points or 4.02% to 18,949.94 ASX 200 increased 34.30 points or 0.48% to 7,145.10 Kospi increased 32.19 points or 1.25% to 2,601.36

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EUR/USD stumbles on solid US NFP data, traders bet for a July Fed hike

EUR/USD slumps from weekly highs reached as a knee-jerk reaction to a solid US jobs report, driving the pair towards 1.0779 before sliding toward dail

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EUR/USD dips to fresh 2-month lows near 1.0660

Sellers remain well in control of the sentiment around the European currency and now force EUR/USD to drop to 2-month lows near 1.0660 on Wednesday. E

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