The number crunchers are at it after the CPI and PPi data this week.GIven the figures, Pantheon Macroeconomics expects the core PCE deflator (the favored measure of inflation for the Fed) at 0.19% - jut under 0.2%. Of course to get to 2.0% the average MoM needs to be...
USD moves lower after US CPI data
The US CPI data was more or less as expected, but the market is taking a more dovish view (I don't really see greatness in the data, but the market is cheering). Earnings from financialalso came in better which is helping the stock market. Yields are down sharply...
Canada manufacturing sales for November 0.8% versus 0.5% 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,...
US CPI YoY for December 2.9% versus 2.9% estimate. MoM 0.4% versus 0.3% estimate
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US January Empire Fed -12.6 vs +3.0 expected
Business activity declined in New York State in January, according to firms responding to the Empire State Manufacturing Survey. The headline general business conditions index fell fifteen points to -12.6. New orders fell modestly, and shipments were little changed....
Reuters poll: ECB to cut deposit rate by 25 basis points in January to 2.75%
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Israal official says Hamas has give green light to Gaza deal
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ForexLive European FX news wrap: UK inflation eases, markets eye US CPI report
Headlines:Markets:JPY leads, GBP lags on the dayEuropean equities higher; S&P 500 futures up 0.3%US 10-year yields down 3 bps to 4.759%Gold up 0.3% to $2,685.57WTI crude up 0.4% to $77.80Bitcoin up 0.6% to $97,073It's all about the US CPI report today but in...
OPEC sees 2026 world oil demand keeping pace with their forecast for this year
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 MBA mortgage applications w.e. 10 January +33.3% vs -3.7% 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,...
AUDUSD Technical Analysis – The pair avoids a breakdown below the 2020 lows
Fundamental OverviewThe USD is weaker across the board following the soft US PPI report yesterday. The market pricing is now showing a total of 31 bps of easing by year end compared to 24 bps before the PPI. The focus remains on the US CPI report today. A hot report...
Is Meta Stock a Buy or Sell? We also asked our AI.
META Stock Short Trade Plan and Analysis: January 15, 2025Disclaimer: This analysis is for educational purposes only. All trades involve risk, and traders should assess their risk tolerance before proceeding. All trades are at your own risk.META Stock Trade Idea and...
GBPUSD Technical Analysis – Consolidation ahead of the US CPI
Fundamental OverviewThe USD is weaker across the board following the soft US PPI report yesterday. The market pricing is now showing a total of 31 bps of easing by year end compared to 24 bps before the PPI. The focus remains on the US CPI report today. A hot report...
EURUSD Technical Analysis – Focus on the US CPI report
Fundamental OverviewThe USD is weaker across the board following the soft US PPI report yesterday. The market pricing is now showing a total of 31 bps of easing by year end compared to 24 bps before the PPI. The focus remains on the US CPI report today. A hot report...
Eurozone November industrial production +0.2% vs +0.3% m/m expected
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Nvidia (NVDA) Stock Analysis for Today
TradeCompass: Nvidia (NVDA) Stock Analysis – 15 January 2025Financial Instrument: Nvidia Stock (NVDA)Price at the Time of Analysis: $131.50 (premarket session)Key Levels and Trade Scenarios for Nvidia Stock TodayBullish Above: $132.89Why Bullish Above:If Nvidia stock...
German economy seen shrinking in 2024 from preliminary estimates
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ECB’s Villeroy: We have practically won the battle against inflation
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 Technical Analysis – All eyes on the US CPI report
Fundamental OverviewThe USD is weaker across the board following the soft US PPI report yesterday. The market pricing is now showing a total of 31 bps of easing by year end compared to 24 bps before the PPI. The focus remains on the US CPI report today. A hot report...
ECB’s de Guindos: The disinflation process is well on track
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,...