FlowBank
en

1200 days ago

Vietnam trade surplus with US

Both Vietnam and Switzerland had foreign exchange market interventions and global current account surpluses exceeding 2% of gross domestic product (GDP), and a $20 billion-plus trade surplus with the United States. USA says there will be consequences with upcoming tariffs on Vietnam. See graph below increasing trends of Vietnamese exports to the US. This is especially meaningful considering the US has sought new trading partners in Vietnam to make up for lost ground with Chinese trading partners. Balance surplus for Vietnam will be taxed by US tariffs. Source: Reuters

#Forex #Macro
VIETNAM TRADE SURPLUS USA TARIFFS

1203 days ago

US export price index down with a lowering US dollar? (12-month percent change index)

While November 2020 export price % change is down from a year prior, the recent trend is showing a slowing down in the fall of US export prices in 2020. Export prices this year are below that of the previous year most likely due to covid-19 and a lowering dollar power. Source; US bureau of Labor Statistics

#Forex
EXPORTS PRICES INDEX USD USA MARKETS

1205 days ago

The United States labels Switzerland as a currency manipulator

The balance sheet of the Swiss National Bank has risen 13% year-to-date. The US Treasury accuses the SNB to hold its currency lower to prevent "effective balance of payments adjustments”. This causes unfair competition, according to the US. In the end we may ask: is it a fair accusation? is not every country the manipulator of its own fiat currency?

#Forex
SNB swiss national bank CHF currency manipulation

1205 days ago

Emerging markets currencies rising vs. the dollar

The stimulus hope gave back confidence to EM currencies which all rose against the dollar yesterday. 

#Forex
forex dollar

1205 days ago

EUR/USD tracks China's credit cycle- indicates more upside

China credit growth - which boosts global GDP growth (and Eurozone exports) suggests more upside in the euro

#Forex
More live news
bg_newsletter

Client Positioning


CFDs are complex instruments and are not suitable for everyone as they can rapidly trigger losses that exceed your deposits. You should consider whether you understand how CFDs work. Please see our Risk Disclosure Notice so you can fully understand the risks involved and whether you can afford to take the risk.


This website is owned and operated by FlowBank S.A, a company regulated by the Swiss Financial Market Supervisory Authority (FINMA) and a member of esisuisse. The list of banks and securities firms authorized by FINMA can be accessed here. Depositor protection in Switzerland is provided by esissuisse for a maximum of CHF 100,000.- per client. Details concerning this protection system are explained at www.esisuisse.ch/en

FlowBank is affiliated with the Swiss Banking Ombudsman. Therefore, if you wish to initiate a mediation procedure with the Swiss Banking Ombudsman after your complaint to FlowBank, please contact the Ombudsman according to the instructions provided on its website: https://bankingombudsman.ch/en/

 

The information on this site is not directed at residents of the United States, Belgium, Canada, or any person in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations.

 

Trading Forex and other leveraged products carries high risks and may not be apt for everyone. Before you consider trading these instruments please assess your experience, goals, and financial situation. You could lose your initial investment, so don't use funds you can't afford to lose or that are essential for personal or family needs. You can consult a licensed financial advisor and ensure you have the risk tolerance and experience.


Apple, iPad, and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

FlowBank S.A, Esplanade de Pont-Rouge 9, 1211 Geneva 26, Switzerland
FlowBank S.A, Seidengasse 20, 8001 Zurich, Switzerland