In what will likely draw political ire from the GOP and Pres. Elect Trump, President Biden has decided to pardon his son Hunter Biden. The decision is a reversal of Biden's previous public statements that he would not pardon his son or commute his sentence.Biden faced...
Australia company profits pretax Q3 1.6% versus -1.7% previously
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,...
Australia business inventories for Q3 -0.9% versus -0.4% 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,...
Australia retail sales for October 0.6% versus 0.4% estimate
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,...
Australia building approvals for October 4.2% versus 1.5% estimate
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,...
Sellers dominate in the first few hours of trading in the EURUSD toward MA support
The EURUSD has moved down around -0.38% in the first few hours of trading in the new week, and in the process has moved down to test its 100 hour AM at 1.05305. That MA is just above the 200 hour MA at 1.05188. Both those MAs would need to be broken in the new week to...
The Japan’s Nikkei 225 opens up 0.02% and 38,216.95
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,...
Japanese capital expenditures for the Q3 2024 rises by 8.1% versus 7.4% last quarter
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,...
USDJPY approaches key support targets after sharp selloff last 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,...
Modest and mixed changes in the major currency pairs to start the new trading week
The major currency pairs are off and running....well walking.... with modest changes to start the new trading week. Versus the USD:EUR +0.06%JPY -0.08%GBP+0.03%CHF UnchangedCAD -0.08%AUD-0.05%NZD +0.03%Bitcoin closed on Friday at $97,512 and the digital currency is...
Australian manufacturing PMI from November 49.4 versus 49.4 preliminary
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,...
NZ Building Consents -5.2% vs 2.4% last month
Prior month 2.6% revised to 2.4%New Zealand October Building consents -5.2%DetailsKey FactsSeasonal Trends: New dwellings consented decreased by 5.2% in October 2024 (seasonally adjusted), following a 2.4% rise in September 2024.Annual Totals:33,467 new dwellings...
Economic calendar in Asia Monday, December 2, 2024 – Australia Retail Sale
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,...
Trade ideas thread – Monday, 2 December, insightful charts, technical analysis, ideas
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,...
Weekly Market Outlook (02-06 December)
UPCOMING EVENTS:Monday: Australia Retail Sales, China Caixin Manufacturing PMI, Switzerland Retail Sales, Switzerland Manufacturing PMI, Eurozone Unemployment Rate, Canada Manufacturing PMI, US ISM Manufacturing PMI, Fed’s Waller.Tuesday: Switzerland CPI, US Job...
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Trump weekend tweet roundup: ‘Productive’ meeting with Trudeau and a BRICS rant
This is actually a really nice pictureTrump has been blasting away on Truth Social. First off, Trudeau flew down to Mar-a-Lago to meet with him and they're smiling in the picture. The tweet (or whatever you call it) is mostly upbeat.Separately, Trump went on a rant...
China official manufacturing PMI improves while the services PMI slips
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,...
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