The Bank of England and Reserve Bank of Australia will wrap up the summer central bank decisions in the coming week, although the US jobs report may attract the most attention. The ISM PMIs will Read more…
The Bank of England and Reserve Bank of Australia will wrap up the summer central bank decisions in the coming week, although the US jobs report may attract the most attention. The ISM PMIs will Read more…
The Canadian economy advanced 0.3% month-on-month (m/m) in May, coming in a tick below Statistics Canada’s advanced estimate of 0.4% m/m. However, April’s flat reading was revised upward by one-tenth providing an offset to this Read more…
US personal income rose 0.3% mom or USD 69.5B in June, below expectation of 0.5% mom. Spending rose 0.5% mom or USD 100.4B, above expectation of 0.4% mom. PCE price index rose 0.2% mom, above Read more…
Several top ECB policymakers have today voiced their thoughts on the future of the bank’s interest rate hikes, highlighting a variety of perspectives. Yannis Stournaras, Chief of Greek Central Bank, hinted towards the nearing end Read more…
USDCAD has been in a range for the second consecutive week, unable to extend its rebound off a nine-month low of 1.3115 above the nearby resistance of 1.3225. The odds for a bullish extension are increasing, given Read more…
USDCAD has been in a range for the second consecutive week, unable to extend its rebound off a nine-month low of 1.3115 above the nearby resistance of 1.3225. The odds for a bullish extension are increasing, given Read more…
Swiss KOF Economic Barometer rose from 90.7 to 92.2 in July, above expectation of 90.0. KOF said: “The economic environment remains difficult for the Swiss economy.” It added: “All indicator bundles except those for consumption Read more…
GBPJPY had been stuck in a prolonged uptrend since the beginning of the year, generating a structure of consecutive multi-year highs. However, the pair has been experiencing a downside correction in the short term after posting Read more…
DXY: The U.S. Dollar Index (DXY) exhibits an overall bearish momentum and may potentially see a bearish reaction off the 1st resistance at 101.98, a level that is significant due to its alignment with the Read more…