The US Dollar Index has extended today's gain to 0.8% on broad strength. It's particularly strong against the euro, which is struggling as France's left and right wing opposition appear to be united in efforts to oust Barnier after he invoked constitutional rules to...
US October construction spending +0.4% vs +0.2% expected
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US November ISM manufacturing survey 48.4 vs 47.5 expected
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Tesla accelerates gains while healthcare and tech show mixed moves
Stock heatmap by FinViz.com Mon, 02 Dec 2024 14:46:13 GMTSector OverviewIn today's trading session, the consumer cyclical sector shines, driven by an impressive performance from Tesla (TSLA), which surged by 2.64%. This upward momentum suggests investors' growing...
US November fial S&P Global manufacturing PMI 49.7 vs 48.8 prelim
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S&P Global Canada November manufacturing PMI 52.0 vs 51.1 prior
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Eyes on retailers as we get indications from Black Friday shopping
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Shares of SMCI jump 20% after the company says it won’t restate financials
SMCI shares premarketShares of Super Micro Computer (NASDAQ: SMCI) jumped 20% in the premarket following a company announcement that an independent special committee found no evidence of misconduct by management or the Board of Directors.Special Committee, backed by...
ECB’s Rehn: There are reasons to continue cutting rates in December
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French PM Barnier to use special powers to adopt social security budget bill
The euro has been struggling today partly due to French political intrigue and the stalemate in parliament.PM Barnier has now invoked special constitutional powers to pass the budget, something I warned he could do last week. Le Pen has taken the stance that the...
The US dollar starts strong in a big week
US Dollar Index hourlyThere was a lively debate last week on the drivers of US dollar weakness. The nomination of Scott Bessent as Treasury Secretary seemed to kick off the move but it also came (and extended) as we counted down to month-end.Today we've gotten a...
ForexLive European FX news wrap: Dollar holds gains, euro struggles on French politics
Headlines:Markets:USD leads, EUR lags on the dayEuropean equities higher; S&P 500 futures flatUS 10-year yields up 0.2 bps to 4.195%Gold down 0.5% to $2,641.09WTI crude up 1.2% to $68.82Bitcoin down 2.2% to $95,063The dollar is off to a good start to the new...
No economy, no problem
If you need an example to the adage that the stock market is not the economy, the DAX is one fine example of that. Since last year already, analysts have warned about a potentially more trying time for the German benchmark index. And that largely has to do with a...
French government makes further concessions to appease Le Pen’s far-right party
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,...
easyMarkets Launches ‘Trade with the Champions’ Competition
easyMarkets a leading Forex/CFD Broker, has officially announced the launch of its ‘Trade with the Champions’ competition, set to take place from December 2, 2024, to January 15, 2025. This competition is open to both new and existing traders, offering them an...
PBOC governor Pan says will maintain supportive monetary policy stance for next year
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ECB’s Kazāks: We are likely to discuss bigger rate cut in December but uncertainty is high
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USDJPY Technical Analysis – The December BoJ meeting is now live
Fundamental OverviewThe US Dollar continues to pull back from the highs as the market reached the peak in the repricing of interest rates expectations and it will need stronger reasons to price out the remaining rate cuts for 2025.This was signalled by the lack of US...
ThinkMarkets Receives Two Prestigious Industry Awards
ThinkMarkets, a leading online trading provider, has further solidified its reputation as an industry innovator by receiving two prestigious awards from renowned publications.Investors’ Chronicle AwardOne of the UK’s top financial markets magazines, published by the...
Italy Q3 final GDP 0.0% vs 0.0% q/q prelim
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