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22 Oct 2018

Chicago Fed: National Activity Index (CFNAI) decreased to 0.17 in September from 0.27 in August

"The Chicago Fed National Activity Index (CFNAI) decreased to +0.17 in September from +0.27 in August," the Federal Reserve Bank of Chicago reported on Monday.

Key quotes from the press release

  • The CFNAI Diffusion Index, which is also a three-month moving average, was unchanged at +0.18 in September.
  • The contribution from production-related indicators to the CFNAI moved down to +0.11 in September from +0.16 in August.
  • Employment-related indicators contributed +0.07 to the CFNAI in September, up slightly from +0.06 in August. 
Oct 22, 2018

GBP/JPY Technical Analysis: Poised to slide back towards retesting 146.00 handle

   •  The cross met with some fresh supply near an important confluence resistance, comprising of a short-term descending trend-line and 200-period SM
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Oct 22, 2018

Italy's Di Maio: Increase in bond spreads is due to fear Italy could leave the euro

Additional comments from Italian Deputy PM Di Maio continue to cross the wires. "100 basis points of increase in Italy's bond spreads is due to fear I
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