The US 30-year yield just reached a new high at 5.133% making another new high going back to 2007 in the process. Moreover the 2 – 30 year spread moved closer to unchanged. UPDATE: it just went into positive territory at +0.2 basis points. On May 1, it reached...
Canada August retail sales -0.1% versus -0.3% expected
Canada retail salesPrior month +0.3% (revised to +0.4%)The August advanced estimate last month was for a 0.3% declineEx autos +0.1% vs 0.0% expectedPrior month ex auto +1.0%Sept advanced estimate 0.0%August y/y sales % vs +2.0% priorSales ex autos y/y vs +0.4%...
Canada’s tallest building goes into bankruptcy, not even half-built
Rendering of The One in TorontoA cliches in real-estate is that it's usually trouble at the biggest projects that signal a bubble bursting.A 91-storey condo tower at an iconic Toronto intersection is the latest in that long line. The concrete for the building is...
The CAD is the strongest and the NZD is the weakest as the NA session
The strongest to the weakest of the major currenciesThe CAD is the strongest and the NZD is the weakest as the NA session.The USD is mixed to start the Friday in the NA session with gains vs the AUD, NZD, JPY and GBP, and declines vs the CAD and EUR. US stocks are...
Fed’s Bostic: We are not going to see a recession
Inflation has come down a lot, should continueEconomy has been resilientBut business contacts say a slowdown is comingNot going to see a recession, inflation will go to 2%Don't think there will be rate cuts before middle of next yearEconomy still has a lot of...
ForexLive European FX news wrap: Dollar mixed, markets stay cautious
Headlines:Markets:CAD leads, NZD lags on the dayEuropean equities lower; S&P 500 futures down 0.2%US 10-year yields down 5.5 bps to 4.932%Gold up 0.5% to $1,982.84WTI crude up 1.5% to $89.71Bitcoin up 4.4% to $30,001Traders are feeling sidelined for the moment...
[수익 인증] 집에서 부업으로 월 290~380만원 돈버는 새로운 방법 (나이 학력 무관! 0원으로 가능한 재택부업) ft.수키님
https://www.youtube.com/watch?v=N0zan8Mp8yA 그동안 다양한 직장인 부업을 소개해 드렸는데요, 오늘은 부업으로 월 290~380만원을 순수익으로 벌고 있는 새로운 돈버는 방법을 소개합니다. 이번에 만난 인터뷰이는 수키님인데요, 수키님은 출산 육아와 경력이 단절되었는데, 물가가 올라 추가로 월 수익을 얻을 수 있는 집에서 가능한 부업이 필요했습니다. 우연히 시작한 부업 3가지를 통해, 현재는 해당 부업만으로도 월 290~380만원의 돈을 벌고...
Nasdaq Composite Technical Analysis – “Make it or break it” moment for the index
The good news on the economy continues to be trumped by further tightening in financial conditions due to rising Treasury yields, and the tensions in the Middle East increasing. In fact, on a forward-looking basis, these events are likely to weigh on the economy...
Pause Brings Optimism!
The European Central Bank (ECB) and the Bank of England (BoE) are both expected to maintain their current interest rates without any significant changes. ECB officials are generally leaning towards keeping rates stable, and the likelihood of a rate cut in the near...
It’s all about the known unknowns right now
If you've been glued to yours screens waiting for that USD/JPY push towards 150.00 again, it must be a real snoozer over the last 1.5 hours. Here's the minute price action in the pair and it shows a roughly 8-10 pips range:At this stage, it's all about anticipating...
NZDUSD Technical Analysis – Watch these key levels
US:The Fed left interest rates unchanged as expected at the last meeting.The macroeconomic projections were revised higher, and the Dot Plot showed that the FOMC still expects another rate hike by the end of the year with less rate cuts projected in 2024.Fed Chair...
기초연금 달라진다! 72만 8천원까지 받지만…대상자는 축소?
https://www.youtube.com/watch?v=uk12XzahSP8 보건복지부 산하 ‘기초연금 적정성 평가 위원회’에서 정부에 보고서를 제출했는데요. 현재 65세 노인 중에서 소득 하위 70%에게 지급하는 기초연금 기준을, 기준중위소득 100% 이하로 바꾸고, 금액은 40만 원으로 인상하되, 소득수준별로 차등해서 지급해야 한다는 방안과 함께 장기적으로는 대상자를 기준중위소득 50%까지 줄이고 액수는 월 72만 8천 원까지 상당히 많이 높인다는...
Market Update – October 20 – Stocks in a Sell Off, Commodities Advance!
Global stock markets experienced a decline due to increased volatility resulting from escalating tensions in the Middle East, compounded by Fed Powell’s statement which added to the atmosphere of risk aversion. Longer dated yields have climbed again while the...
Israel says that at any time Hezbollah shoots, they will fire back
This will keep sentiment balanced on a knife's edge over the weekend as tensions are flaring up at the Israel-Lebanon border. Hezbollah has long been poking to instigate a conflict but have been careful enough to avoid an all-out war. But amid the current situation...
USD/JPY nervy as traders test waters at 150.00
It doesn't look quite like Tokyo intervention considering the size of the drop rather than stops being triggered. On some charts, you might not see it touch the 150.00 mark (at least not on my broker screen) but the Reuters quote is putting it up there right on the...
Sterling pinned down after weak UK retail sales
GBP/USD is down 0.3% on the day to 1.2110 but the real show of pound weakness this week comes from the jump higher in EUR/GBP as the pair rises to its highest levels since May:EUR/GBP daily chartThe break above 0.8700 and the 200-day moving average (blue line) in...
AUDUSD Technical Analysis – Watch out for a breakout
USThe Fed left interest rates unchanged as expected at the last meeting.The macroeconomic projections were revised higher, and the Dot Plot showed that the FOMC still expects another rate hike by the end of the year with less rate cuts projected in 2024.Fed Chair...
FX option expiries for 20 October 10am New York cut
There are a couple of large ones to take note of on the day, as highlighted in bold.The first being for EUR/USD at 1.0550, which could help to limit price action closer to its 100 and 200-hour moving averages at 1.0557-65 currently. Then, there are larger ones at...
Gold Technical Analysis – We are at a key resistance
Despite the surging Treasury yields and a stable US Dollar, Gold continues to set new highs as the focus remains on the Middle East. In fact, if we just track the most important developments in the Middle East, we can see how Gold first gapped higher following the...
BOJ to hold first long-term monetary policy review workshop on 4 December
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,...