Tim Clayton

Tim is a contributing author to EconomicCalendar.com. He is an economist and has been involved in financial markets for over 20 years as an analyst. He specialises in global economic trends, macro policy and central banks. Extensive knowledge, experience and data mining is used to anticipate trends in equities, bonds and forex with a contrarian slant. He is a graduate of the University of York with a degree in Economics/Econometrics.
Natural Gas Storage

EIA Reports Natural Gas Inventories Rise 28 Bcf, Prices Test Resistance

The latest Energy Information Administration (EIA) natural gas storage data recorded a build of 28 Billion Cubic feet (Bcf) for the week ending July...
ecb mario draghi

ECB’s Draghi Plays Down Importance Of September Council Meeting

In his press conference following the ECB interest rate decision, bank President Draghi remained optimistic surrounding the growth outlook with comments that conditions have...
factory worker

US July Philadelphia Fed Index Declines To 19.5, 6-Month Confidence Improves

The US Philadelphia Fed Manufacturing index declined to 19.5 for July from 27.6 previously, and below consensus forecasts of 23.5 for the month. The...

US Jobless Claims Decline To 233,000, Continuing Claims Edge Higher

US Initial jobless claims declined to 233,000 in the week ending July 15th from a revised 248,000 the previous week, originally reported as 247,000....
oil tanker

Demand Hopes Push Crude Oil Prices To 6-Week Highs

The decline in inventories strengthened confidence directly and also boosted optimism surrounding underlying demand conditions which helped push oil prices to the highest level...

ECB Leaves Key Interest Rate at 0.0%, No Shift In Forward Guidance

The ECB left all benchmark interest rates on hold following the latest Council meeting with the main refi rate remaining at 0.0% and the...
UK Currency -US Dollar GBP/USD

GBP/USD Breaks Below 1.3000 Support, Retail Sales Beat Fails To Inspire

The retreat back below 1.3000 will tend to revive bearish sentiment, although the ECB policy statement and Draghi’s press conference is likely to be...

UK June Retail Sales Rose 0.6%, Inflation Pressures Moderate Slightly

UK retail sales volumes rose 0.6% in June compared with consensus forecasts of a 0.4% gain and after a revised 1.1% decline for May.The...
natural gas

Strong Demand Continues To Support Natural Gas Prices, Storage Data In Focus

Overall market sentiment should remain firm in the short term with strong demand continuing to provide a solid base for natural gas prices.Natural gas...
crude oil storage

Crude Oil Prices Close To July Highs After Sizeable Inventory Draw

A weak dollar provided underlying support to crude on Wednesday with prices also boosted to 2-week highs by a larger than expected inventory draw.There...

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US Dollar

DJIA Today: Dow Jones Futures Pare Losses but GE Weighs

The Dow Jones Industrial Average settled off session lows Friday, as disappointing earnings for industrial bellwether General Electric (NYSE: GE) weighed.The blue-chip index dropped...

S&P 500 Futures Flat as Energy, Industrials Lag

U.S. stocks ended the week on a softer note, as shares of energy and industrial companies led the declines.The large-cap S&P 500 Index pared...
natural gas

Slide In Crude Oil Undermines Natural Gas Prices, Positioning In Focus

Natural gas was unable to make any further headway following Thursday’s storage data with an element of profit taking following gains during the week...
New Zealand

NZD/USD Breaks To 10-Month High, On Pace To Post Fifth Consecutive Daily Advance

NZD/USD has gained every day this week and is seen breaking above November highs today to break to a 10-month high. The pair...
crude oil pumpjack

Baker Hughes US Oil Rig Count Declines To 764, 2nd Decline Since Late June

The total Baker Hughes North American rig count for the week ending July 21st declined to 950 from 952 the previous week.The number of...