Yen continued to face significant pressure in early US session, remaining as the day’s weakest performer. Hopes of substantial changes from BoJ were dashed earlier as it made only a minor adjustment to the definition Read more…
What could be cuter than a cuddly Squishmallow dressed up for Halloween? There’s Emily, a black bat with fangs peeking through her smile, Maui, a sweet skeleton pineapple, and Pumpkin Cam, the jack-o’ lantern version Read more…
Canada’s GDP was flat at 0.0% mom in August, essentially unchanged for a second month, below expectation of 0.1% mom growth. Services producing industries edged up by 0.1% mom in the month while goods-producing industries Read more…
BoJ has subtly removed the 1% “hard-capped” upper limit of the 10-year JGB yield which suggests an imminent end to YCC may come sooner than expected. Upbeat revised inflation forecasts for FY 2023 to FY Read more…
EURGBP moves further away from the upper end of a prior range Both the MACD and the RSI indicate positive momentum These signs paint a cautiously positive short-term picture EURGBP bulls have gained the upper Read more…
USDJPY bounced strongly on Tuesday and returned above 150 barrier, fully retracing pullback of past two days. Corrective dip was short-lived and left a bear-trap under 149.03 (50% retracement of 147.29/150.77 upleg), signaling that larger Read more…
Five things you need to know before the market opens on Tuesday October 31: 1. — Stock Market Today: Stocks mixed, Treasury yields steady ahead of Fed meeting Stocks are on pace for their worst month Read more…
Updated at 7:48 am EDT Pfizer (PFE) – Get Free Report posted a narrower-than-expected third quarter loss Tuesday, while holding its recently-lowered profit forecasts in place amid the ongoing slump in Covid vaccine and treatment sales. Read more…
Caterpillar (CAT) – Get Free Report posted much stronger-than-expected third quarter earnings Tuesday, thanks in part to higher construction equipment demand linked to the ongoing support from government infrastructure spending. Caterpillar said adjusted profits for the Read more…
Eurozone CPI cooled off further in October, decelerating from 4.3% yoy to 2.9% yoy. This slowdown in inflation was more pronounced than market predictions, which had forecasted a rate of 3.1% yoy. Notably, this is Read more…