I'm finding the Canadian consumer spending tracker from RBC to be a valuable look at the health of Canadian shoppers. We won't get the retail sales report until next Friday but today I noted some poor same-store sales numbers from Canadian Tire.Now, the latest report...
US import prices for January 0.3% versus 0.4% est . Export prices +1.3% versus 0.3% est.
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
US retail sales for January. -0.9% versus -0.1% est. Control group -0.8% versus 0.3% est.
Prior month retail sales +0.4%Retail Sales -0.9% vs -0.1% estimate. Last month revised to +0.7% from 0.4%Ex Autos MoM -0.4% vs 0.3% estimate. The prior month was 0.4% revised to 0.7%Ex gas/auto -0.5% vs 0.5% last month (revised from +0.3%).Control group -0.8% vs 0.3%...
Canada manufacturing sales for December 0.3% vs 0.7% expected
Prior month 0.8%Wholesale trade for December -0.2% vs 0.2% expectedPrior month -0.2%Manufacturing sales increased for the third consecutive month, rising 0.3% to $71.4 billion in December, with gains in 12 of 21 subsectors. Higher sales of petroleum and coal (+3.4%),...
A busy economic calendar today in the North American session
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Kickstart the NA session with at technical look at the EURUSD, USDJPY and GBPUSD
Above is the kickstart forex video where I take a look at the technicals driving the three major currency pairs- the EURUSD, USDJPY and GBPUSD. Each pair is seeing a lower USD after declines yesterday. Below is a snapshot of the changes of the major currency pairs:The...
ForexLive European FX news wrap: A breather before US retail sales, more Trump headlines
Headlines:Markets:NZD leads, EUR lags on the dayEuropean equities mixed; S&P 500 futures down 0.1%US 10-year yields up 1.4 bps to 4.538%Gold flat at $2,929.33WTI crude up 0.6% to $71.74Bitcoin up 0.3% to $96,777It was another quieter session in Europe as broader...
AUDUSD Technical Analysis – We are testing a key resistance
Fundamental OverviewYesterday, the US PPI report came in higher than expected but the focus was on the details that feed into the Core PCE index, which is what the Fed focuses on. Those details were all very soft and helped to bring the early estimates down to more...
EURUSD Technical Analysis – The greenback lost the support from tariffs fears
Fundamental OverviewYesterday, the US PPI report came in higher than expected but the focus was on the details that feed into the Core PCE index, which is what the Fed focuses on. Those details were all very soft and helped to bring the early estimates down to more...
GBPUSD Technical Analysis – The USD lost the support from the tariffs fears
Fundamental OverviewYesterday, the US PPI report came in higher than expected but the focus was on the details that feed into the Core PCE index, which is what the Fed focuses on. Those details were all very soft and helped to bring the early estimates down to more...
Eurozone Q4 preliminary GDP +0.1% vs 0.0% q/q expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
EU says Trump’s reciprocal tariffs are a step in the wrong direction
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
China January M2 money supply +7.0% vs +7.2% y/y expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
USDCAD Technical Analysis – We finally broke below a key support
Fundamental OverviewYesterday, the US PPI report came in higher than expected but the focus was on the details that feed into the Core PCE index, which is what the Fed focuses on. Those details were all very soft and helped to bring the early estimates down to more...
Today’s Ethereum Trading Map for Crypto Trader by tradeCompass
Key Levels and Bullish OutlookEthereum futures are currently trading around 2714, placing the market in bullish territory according to today’s tradeCompass. Our bullish threshold is 2690, which is the Point of Control (POC) from February 12th. Since we are already...
Gold Technical Analysis – The US PPI saves the day
Fundamental OverviewYesterday, the US PPI report came in higher than expected but the focus was on the details that feed into the Core PCE index, which is what the Fed focuses on. Those details were all very soft and helped to bring the early estimates down to more...
European indices take a chill pill to start the final trading day of the week
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Spain January final CPI +2.9% vs +3.0% y/y prelim
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Switzerland January producer and import prices +0.1% vs 0.0% m/m prior
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Germany January wholesale price index +0.9% vs +0.1% m/m prior
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...