The Canadian economy expanded by 0.1% month/month (m/m) in November, matching Statistics Canada’s flash estimate. Meanwhile, December’s flash estimate showed no change. November’s increase in activity was fairly broad, with output expanding in 14 of Read more…
US futures Dow futures +0.25% at 33798 S&P futures +0.28% at 4034 Nasdaq futures +0.33% at 11954 In Europe FTSE -0.45% at 7749 Dax -0.2% at 15099 Q4 employment costs index is weaker than forecast Read more…
Daily Pivots: (S1) 129.58; (P) 130.08; (R1) 130.94; More… USD/JPY is still struggling in sideway trading and intraday bias remains neutral. On the downside, break of 127.20 will resume the whole decline from 151.93 and Read more…
Daily Pivots: (S1) 0.9202; (P) 0.9230; (R1) 0.9277; More… No change in USD/CHF’s outlook as it’s still gyrating inside established range. Intraday bias remains neutral. Outlook will stay bearish as long as 0.9407 resistance holds. Read more…
Daily Pivots: (S1) 1.2320; (P) 1.2368; (R1) 1.2400; More… No change in GBP/USD’s outlook as it’s still struggling in tight range. On the downside, firm break of 1.2252 minor support will turn bias to the Read more…
The platform on time made its first payment of the $12.5 billion of debt held by seven major banks, a report says. The likelihood of Twitter filing for bankruptcy is receding. The social network has Read more…
We spent six days with Apple’s second-generation HomePod putting it to the test with all sorts of requests and music playback to see if it is worth it. The return of Apple’s HomePod speaker is Read more…
Daily Pivots: (S1) 1.0823; (P) 1.0868; (R1) 1.0898; More… EUR/USD continues to gyrate lower but stays above 1.0765 support, comfortably so far. Intraday bias remains neutral for the moment. With 1.0765 support intact, further rally Read more…
Dollar attempted to extend recovery today but once again lacked follow through momentum. The greenback is mildly supported by slight risk aversion, but lags behind Yen and Swiss Franc. For now, Australian Dollar remains the Read more…
Canada GDP grew 0.1% mom in November, matched expectations. Services-producing industries expanded 0.2% mom while goods-producing industries contracted -0.1% mom. 14 of 20 industrial sectors increased in the month. Advance information indicates that real GDP Read more…