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.
New Zealand

NZD/USD Recovers From 1-Month Lows, Fed Intentions in Focus

Although the domestic dairy auction data provided no New Zealand dollar support NZD/USD found support at 1-month lows. The Federal Reserve minutes will be...
gold price bar

Gold Prices Recover Ground Following US PMI Disappointment

Gold prices came under pressure as the dollar strengthened in Asia, but a weaker than expected PMI release triggered a reversal in trends with...

US February PMI Composite Index Slows To 2-Month Low Of 54.3

The US Markit flash PMI manufacturing reading declined to 54.3 for February from 55.0 in January. This was lower than the consensus forecast of...
new zealand dairy trade auction

Prices Decline 3.2% In Latest Global Dairy Trade Auction

Prices in the latest Global Dairy Trade (GDT) auction, the fourth of 2017, fell 3.2% to $3,474 per tonne following a 1.3% gain previously....
UK Royal Exchange

Bank Of England Governor Carney Provides No Forward Guidance

Bank of England Governor Carney, together with Chief Economist Haldane and Monetary Policy Committee (MPC) members Vlieghe and McCafferty, testified to the Treasury Select...

UK 10-Month Government Borrowing Requirement Declines 21.6%

The UK public-sector, excluding public sector banks, recorded a budget surplus £9.4bn for January 2017 from £9.1bn in January 2016. The surplus was lower...
Euro Flag

Euro-Zone February Composite PMI Index Hits 70-Month High At 56.0

The Markit flash PMI manufacturing index strengthened to 55.5 for February from 55.2 the previous month. This was above consensus expectations of a slight...

German February Manufacturing PMI Index: 69-Month High Of 57.0

The Markit February German flash PMI index for the manufacturing index rose to 57.0 from 56.4 the previous month. This was above expectations of...

FTSE 100 Index Undermined By Unilever Decline, Sentiment Holds Firm

The FTSE index was undermined by a sharp drop in Unilever’s shares as bid talk collapsed, but overall sentiment surrounding UK equities held firm...
Gold and USD

Gold Prices Hold Below Resistance, Subdued Dollar Tone Supportive

Narrow ranges have prevailed on Monday, especially with US markets closed for a holiday and, although gold has maintained a firm tone, prices have...

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Other News


S&P 500 Futures Tumble After FOMC Minutes Signal Higher Interest Rates Ahead

U.S. equity markets finished mostly lower on Wednesday, after a hawkish reading of the Federal Reserve's previous meeting signaled higher interest rates could be...
oil tanks with oil tanker

API Reports Unexpected 0.88 Million Barrel Inventory Draw, WTI Oil Price Rallies

The latest weekly American Petroleum Institute (API) inventory data for the week ending February 17th reported an inventory draw of 0.88 million barrels. ...
uranium price

Uranium Spot Prices Run Out of Momentum

The uranium spot price rally stalled last week, ending the commodity's ascent that started in December after prices fell as low as $17.75 per...
Canada Dollar USD/CAD

USD/CAD Bulls Disappointed by Fed Minutes

The Canadian dollar weakened after poor retail sales data, but USD/CAD hit resistance above 1.3200 and retreated after the Fed minutes provided no hawkish...

Nickel Prices Tracking US Dollar

Nickel prices were lower Wednesday, even after the commodity fell under significant pressure in the prior session.While all the base metals faced some pressure...