US Labour Market Trend Reverses
Weekly jobless claims in the USA rose to 240K last week, maintaining the upward trend […]
USD/CAD Eyes Macklem, FOMC
The Canadian dollar has edged lower on Wednesday. In the North American session, USD/CAD is […]
RBNZ Accelerates Rate Hike, Encouraging NZD Rise
The Reserve Bank of New Zealand raised the rate by 75 points to 4.25% after […]
Traders Await FOMC Minutes to Learn About Fed’s Outlook on Monetary Policy
On Tuesday, the Swiss franc was the best-performing currency among the 20 global currencies we […]
Awaiting the Fed Minutes
Equity markets appear to be treading water on Wednesday as we await the latest batch […]
EUR/USD Extends Yesterday’s Advance, Count Down to the November PMIs
Markets Risk-on held the upper hand during an initially choppy trading session yesterday. Stocks finished […]
No Recession, But Slow and Low Growth
The OECD said the global economy will avoid a recession this year, and next year, […]
EU Proposes Gas Price Cap
Market movers today The most important data releases today will be the November Flash PMIs […]
Canada: Retail Sales Edge Lower in September
Retail sales fell 0.5% month-on-month (m/m) in September, in-line with Statistics Canada’s advance estimate. Adjusting […]
Stocks Rise with Fed Speakers in Focus
US futures Dow futures +0.47% at 33723 S&P futures +0.5% at 3964 Nasdaq futures +0.45% […]
Gold Still Not Out of Woods
At the time of writing gold was higher on the day thanks to weakness in […]
NZD Dollar Bounces Back ahead of RBNZ Meet
The New Zealand dollar has rebounded on Tuesday with strong gains. In the European session, […]