Canada’s GDP rose 0.1% mom in September, matched expectations. Goods-producing industries grew 0.3% mom, leading the growth with a first increase in six months. Services-producing industries were essentially unchanged. Overall, 10 of 20 industrial sectors increased. Advance information indicates that GDP rose 0.2% mom in October. In Q3, GDP fell -0.3% qoq, reversing Q2’s 0.3% […]
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Daily Pivots: (S1) 0.6219; (P) 0.6247; (R1) 0.6278; More… Intraday bias in AUD/USD remains neutral for sideway trading above 0.6198. Consolidations should be relatively brief as long as 0.6336 support turned resistance holds. Break of Read more…
As markets wind down for the year-end holiday period, forex trading activity turns subdued, with limited momentum across major pairs. Dollar, while maintaining its position as the strongest currency of the month, is facing challenges Read more…
Natural gas prices climbed to a nearly two-year high, driven by immediate weather-related demand and a bullish long-term outlook for global energy consumption. In the short term, forecasts for below-average temperatures across the northern hemisphere—including Read more…