US initial jobless claims rose 2k to 207k in the week ending September 30, below expectation of 211k. Four-week moving average of initial claims dropped 2.5k to 209k. Continuing claims dropped -1k to 1664k in Read more…
Canada reported merchandise trade surplus of CAD 718m in August, marking its first monthly trade surplus since April. This comes after a deficit of CAD 437m in July and defies market expectations of a CAD Read more…
Gold price turned sideways and holding within a narrow range for the second straight day, consolidating after seven-day steep fall. Larger bears slowed pace ahead of key release of this week – US non-farm payroll Read more…
BoE’s Decision Maker Panel survey for September indicating an anticipated ease in output price inflation, slowly easing CPI inflation expectation, and subtle nuances in wage growth predictions A notable takeaway from the survey is the Read more…
ECB Governing Council member Peter Kazimir said today, “I strongly believe that our rate hike at the last meeting was the last one” The focus, he outlined, now shifts to the upcoming December and March Read more…
Five things you need to know before the market opens on Thursday October 5: 1. — Stock Market Today: Treasury yields slide, stocks lower with jobs data in focus Stocks continue to track Treasury yield moves, Read more…
Market Picture The crypto market is struggling to break above the $1.09 trillion cap, having turned south from that level on Thursday morning, bringing the total market valuation down to $1.084 trillion. Bitcoin continues to Read more…
Rivian Automotive (RIVN) – Get Free Report shares slumped lower in pre-market trading after the upstart electric carmaker unveiled plans to offer a convertible bond that offset a solid revenue forecast. Rivian third quarter revenues likely Read more…
Exxon Mobil (XOM) – Get Free Report shares moved lower in pre-market trading, tracking the biggest pullback in global crude prices in several months, as it forecast healthy overall profits for the third quarter. In a Read more…
Cable started to lose traction in early European trading on Thursday, after Wednesday’s recovery, supported by better than expected UK services PMI and US ADP miss, stalled under initial resistance – falling 10DMA (1.2173), which Read more…