{"id":134736,"date":"2018-10-01T08:17:23","date_gmt":"2018-10-01T12:17:23","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=134736"},"modified":"2018-10-01T07:14:36","modified_gmt":"2018-10-01T11:14:36","slug":"canada-joined-the-agreement-with-the-us-and-mexico","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/10\/canada-joined-the-agreement-with-the-us-and-mexico\/","title":{"rendered":"Canada Joined the Agreement with the US and Mexico"},"content":{"rendered":"
October 1, 2018<\/div>
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by\u00a0JustForex<\/u><\/a><\/strong><\/p>\n

The US currency shows positive dynamics. On Friday, the US dollar index (#DX) closed in the positive zone (+0.23%). The US currency is supported by the differential of interest rates, as well as optimistic economic reports. Financial market participants expect a report on the US labor market for September.<\/p>\n

As it became known, Canada agreed to join the trade agreement with the US and Mexico. The new agreement will be called the US-Mexico-Canada Agreement (USMCA) and will replace the North American Free Trade Agreement (NAFTA).<\/p>\n

The euro is declining against the US dollar due to concerns regarding Italy. On Friday, Italy submitted a budget for the next year, which foresaw a deficit of 2.4% of GDP. This indicator of a deficit is three times higher than the previous directions of Italy\u2019s government. The British pound also weakened against the US dollar after the publication of a weak report on UK GDP. GDP (y\/y) fell to 1.2% in the second quarter, while experts expected 1.3%. GDP (q\/q) counted to 0.4%, as investors expected.<\/p>\n

The “black gold” prices are growing. At the moment, futures for the WTI crude oil are testing a mark of $73.40 per barrel.<\/p>\n

Market Indicators<\/h2>\n

On Friday, there was a variety of trends in the US stock market: #SPY (+0.01%), #DIA (+0.06%), #QQQ (-0.02%).<\/p>

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At the moment, the 10-year US government bonds yield is at the level of 3.05-3.06%.<\/p>\n

The news feed on 2018.10.01:<\/div>\n

– The index of economic activity in the manufacturing sector of Germany at 10:55 (GMT+3:00);
\n– The index of economic activity in the manufacturing sector of the UK at 11:30 (GMT+3:00);
\n– The index of economic activity in the manufacturing sector of the US from ISM at 17:00 (GMT+3:00).<\/p>\n

by\u00a0JustForex<\/u><\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

by\u00a0JustForex The US currency shows positive dynamics. On Friday, the US dollar index (#DX) closed in the positive zone (+0.23%). The US currency is supported by the differential of interest rates, as well as optimistic economic reports. Financial market participants expect a report on the US labor market for September. As it became known, Canada […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-134736","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=134736"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134736\/revisions"}],"predecessor-version":[{"id":134737,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134736\/revisions\/134737"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=134736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=134736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=134736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}