Risk trades are running wild today. November was one of the best months for equities ever and we've picked right up in December with small caps joining the party and the Russell 2000 up 2.1%. Bonds are bid as well with yields at multi-month lows across the board. In...
Weekly Market Recap (27-01 December)
BoJ Governor Ueda continues to be uncertain about them hitting the 2% target sustainably:Cannot say with conviction that inflation will hit 2% sustainably.Japan economy is recovering moderately.The output gap has narrowed to near zero.Some positive signs seen in wages...
Powell Q&A: Inflation is still well-above target but moving in the right 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,...
European equity close: Continuing where we left off in November
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,...
Powell Q&A starts now. Watch live
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,...
Powell: FOMC is ‘moving forward carefully’ as risks around rates becoming more balanced
It's premature to say that mon pol is restrictive enoughFed will raise rates if needed to lower inflationFed is making rate decisions meeting by meetingUncertainty over economic outlook is 'unusually elevated'Fed funds range well into restrictive territoryFed has made...
Two comments I’m expecting to hear from Powell at the top of the hour
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,...
USD/JPY slumps after ISM manufacturing and Goolsbee
On the face of it, today's miss in the US ISM manufacturing survey wasn't a big one. It was at 46.7 compared to 47.6. But I don't think the consensus was accurate for what the market was expecting due to an extremely strong regional print yesterday. That had people...
EUR/USD Price Forecast: EUR/USD Prints Fresh Weekly with 200-Day MA in Sight
EUR/USD, PRICE FORECAST:MOST READ: Oil Price Forecast: WTI Slips as OPEC+ Voluntary Cuts Fail to ConvinceThe Euro continued its slide today falling toward the 1.0850 as the DXX continued its advance in the European and early parts of the US session. The US Dollar for...
Fed’s Goolsbee: Inflation is coming down exactly as we want
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 October construction spending +0.6% vs +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,...
US November ISM manufacturing PMI 46.7 vs 47.6 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,...
US S&P Global manufacturing PMI final for November 49.4 vs 49.4 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,...
Canada November S&P Global manufacturing PMI 47.7 vs 48.6 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,...
Powell and ISM manufacturing highlight the US economic calendar
Jerome Powell reading by the fire (AI image)Happy Friday.The market is in a bit of a lull today and that's understandable given all the drama of November and that it's the first trading day of the month. The event everyone is waiting for is coming at 11 am ET with...
Canadian dollar modestly higher following the November jobs report
USD/CAD is down 35 pips to 1.3527 following today's jobs report, that's about 20 pips lower than before the data but above the session low of 1.3518.The broader market appears to be catching its breath today after a buzz-filled November. That's left several FX charts...
Canada November employment +24.9K vs +15.0K expected
Prior +15.0KUnemployment rate 5.8% vs. 5.8% expected -- highest since January 2022Prior unemployment 5.7%.Full-time employment +59.6K vs -3.3K last monthpart-time employment -34.7K vs. +20.8k last month.Participation rate 65.6% vs 65.6% last month.Average hourly wages...
It’s the biggest day of the month in the entire world of (Canadian) finance
Frequently, Canada has to share the jobs spotlight with it's geographically-smaller neighbour to the south but today the loonie gets the spotlight all to itself.Why no non-farm payrolls? I've explained this before but the full answer is that Bureau of Labor Statistics...
ForexLive European FX news wrap: Dollar, bonds tentative ahead of Powell
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,...
(99%가 모르는) 새로운 부업! 공짜로 최신 영화 보고, 볼 때마다 1~6만원 돈벌기 (시작부터 3000원 100% 받음! 영화 안보고도 가능)
https://www.youtube.com/watch?v=1g8n6nbYMZ8 재택 부업을 비롯해, 그동안 돈버는 다양한 직장인 부업과 투잡을 소개해드렸는데요, 오늘은 새로운 부업으로 공짜로 최신 영화 1편 볼때마다 1~6만원 돈버는 방법을 소개합니다. 나이 학력 무관 한데다, 누구나 가능하고 어렵지 않게 쉽게 도전해볼 수 있는 부업인데요, 0원으로 시작할 수 있고, 가이드를 1번만 따라해 보면, 너무 간단해서 영상을 보시고, 월급 외 부수입에 관심이 있으신 분은, 지금이라도...