Markets US December payrolls shifted the needle of US money markets from two to only one additional 25 bps Fed rate cut this year. Headline job growth (+256k vs +165k expected) was the best since Read more…
ECB Chief Economist Philip Lane, in an interview with Der Standard, highlighted that a “middle path” is essential to achieving the inflation target without stifling economic growth or allowing inflationary pressures to persist. Lane warned Read more…
Surprise! The US economy added more than 250K new nonfarm jobs in December, some 90K more than expected, and the unemployment rate fell to 4.1%. If it’s any comfort for the Federal Reserve (Fed) doves: Read more…
In focus today Today will be quiet in terms of data releases, as we anticipate the upcoming inflation figures later this week. The rest of the week promises to be eventful, particularly with the release Read more…
China’s trade data for December delivered a solid performance, reflecting resilience in exports and a surprising recovery in imports. Exports surged 10.7% yoy, significantly outpacing the 7.3% yoy expected growth and accelerating from November’s 6.7%. Read more…
Key Highlights EUR/USD failed to recover above 1.0450 and declined again. A short-term bearish trend line is forming with resistance at 1.0300 on the 4-hour chart. GBP/USD accelerated losses below the 1.2250 support. Crude oil Read more…
NZDUSD falling inside weekly impulse wave C Likely to fall to support level 0.5500 NZDUSD currency pair recently reversed down from the lower trendline of the wide weekly down channel from the start of 2023 Read more…
GBPUSD broke key support level 1.2300 Likely to fall to support level 1.2100 GBPUSD currency pair recently broke the key support level 1.2300 (former multi-month low from April of 2024, as can be seen below Read more…
American workers saving and investing for retirement have many options, but often focus on short-term necessities instead of prioritizing the goal of planning for the future. Dave Ramsey, the personal finance bestselling author and host Read more…
