The European Central Bank’s policy decision on Thursday will come hot on the heels of the FOMC meeting the day before, which should mean lots of volatility for the EUR/USD pair. In fact, it will Read more…
US futures Dow futures +2% at 34704 S&P futures +2.7% at 4100 Nasdaq futures +3.75% at 12160 In Europe FTSE +0.7% at 7503 Dax +1.8% at 14516 Inflation & core CPI fall raising dovish Fed Read more…
Markets UK labour market data kicked off today’s trading day. Employment, based on the labor force survey, rose by 27k in the three months to October, beating the consensus estimate of a 17k decline. The Read more…
Headline U.S. inflation further slowed to 7.1% year-over-year Food, energy, and ‘core’ CPI growth (+6%) all decelerated Home rents increasingly driving headline inflation rates, offsetting easing / narrowing price pressures among other products and services Read more…
Sri Lanka’s government is heavily burdened by foreign debt payments, and a current account deficit that pressures the national currency, the rupee. Canva Where Is Sri Lanka? What Are Its Demographics Sri Lanka is an Read more…
Consumer price inflation increased by 0.1% month-on-month (m/m) in November, coming in well below the 0.4% m/m increase in October. On a year-over-year (y/y) basis, headline inflation edged lower by 0.6 percentage points (pp) from Read more…
The WTI oil price rises for the second straight day as fresh supply concerns following the closure the US Keystone Pipeline which ships oil from Canada to the US, offset fears of weaker demand. The Read more…
UK data released today marked a sharp rise in jobless claims, marking a turnaround in employment recovery after covid restrictions. The ONS reported a 30.5K increase in claimant count for November after a 6.5K decline Read more…
Right now, you can buy the second-gen Apple Pencil for $89.99 instead of $129.99. | Photo by Amelia Holowaty Krales / The Verge The holidays are quickly approaching, and if you haven’t started shopping for Read more…
Daily Pivots: (S1) 0.6718; (P) 0.6758; (R1) 0.6788; More… AUD/USD’s rally from 0.6169 resumed by break through 0.6850 as well as 0.6871 fibonacci level. Intraday bias is back on the upside for 61.8% projection of Read more…