Australia: October Labour Force; Employment Lifts As Absences Fade
Total employment: 32.2k from -3.8k (revised from 0.9k); unemployment rate: 3.4% from 3.5% (unrevised 3.5%); […]
WTI Falls as Demand Concerns Intensify
Crude oil prices are lower for the second consecutive week, with WTI around 2% lower […]
Silver is One Step Ahead of Gold
Silver is testing the $22 per ounce mark today and crossed it briefly yesterday. Although […]
US: Retail Sales Off to a Good Start to the Quarter
Retail sales rose by 1.3% m/m in October, above the consensus forecast of a 1.0% […]
Canada: Higher Prices at the Pump Keep Inflation Elevated in October
Consumer price inflation held steady in October, at 6.9% year-on-year (y/y), down from 6.9% in […]
US Consumer Remains Strong
Equity markets in Europe are back in the red on Wednesday, while the US looks […]
Australia October Unemployment and Stronger Aussie?
The AUDUSD has been trending higher for about a month at this point, but a […]
EUR/USD Rebounds Ahead of US Retail Sales
The EUR/USD rebounded in the first half of today’s session. This was presumably due to […]
The Probable Peak of UK Inflation
The UK Consumer Price Index delivered another “positive” surprise, adding 2% for October, above the […]
Pound Rises Even as Inflation Tops 11%
The British pound has moved higher on Wednesday. In the European session, GBP/USD is trading […]
All of a Sudden the Intraday EUR/USD Rally Started Losing Steam
Markets EUR/USD yesterday pierced key resistance at 1.0341/50/68 (2017 low/May2022 low/August2022 high). The technical break […]
British Inflation Hits 11%
US stocks extended rally yesterday, as the unexpected easing in producer prices beefed up the […]