Gold Growth Halted But With Upside Risks
The pressure on risk assets on 31 December and 2 January, including a 1.5% rise […]
Canada’s Labour Market Likely Continued to Underperform at the End of 2024
Canadian and U.S. job market reports for December on Friday will mark the first major […]
US ISM Manufacturing Index Gains Again in December
The ISM Manufacturing Index firmed to 49.3 in December from 48.4 last month, and ahead […]
Manufacturing Stabilization Supports Dollar, European Struggle Continues
Dollar strengthened modestly following the latest ISM Manufacturing PMI, which indicated some stabilization in the […]
US ISM manufacturing improves to 49.3, but remains in contraction territory
US ISM Manufacturing PMI edged up from 48.4 to 49.3 in December, exceeding market expectations […]
Stocks Start the Year in Fear
The US stock market is starting the year in a state of fear bordering on […]
USD/JPY: Bulls Hold Grip for Further Gains, BoJ Intervention Looms
USDJPY – near term action remains in extended sideways mode under new multi-week high (158.07) […]
British Pound Eyes US Manufacturing Data
The British pound has stabilized on Friday, after declining more than 1% a day earlier. […]
Yuan Pressure Against Dollar, But Rises Against CFETS Basket
The Chinese Yuan presented an interesting paradox in today’s market action. Onshore Yuan sank below […]
Euro Stabilizes as Spain Posts Strong Job Data
The euro has stabilized on Friday. In the European session, EUR/USD is currently trading at […]
EUR/USD Hits Last Year’s Lows, GBP/USD Drops Below 1.2400
This week, European and commodity currencies suffer. Euro sellers broke last year’s low of 1.0330 […]
Fed Barkin sees upside growth potential
Richmond Fed President Thomas Barkin expressed a cautiously optimistic outlook during remarks today, highlighting economic […]