The Week Ahead – The Next Inauguration
UK OIL hits a fresh high Oil (UK Oil) prices pushed to a six-month high, raising fresh inflation fears as the Chancellor of Britain attempts to play down ongoing worries over the economy. The evident cold weather season is a general factor in prices.
Fri, 17 Jan 2025 08:47:20 -0500
USD steady to slightly firmer – Scotiabank
The US Dollar (USD) is trading steady to slightly firmer on the session but is heading for its first weekly drop since late November in DXY terms. Trading appears relatively slow ahead of the weekend as market participants eye Monday's inauguration and ponder what might follow, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fri, 17 Jan 2025 08:39:32 -0500
Canada securities transactions for November C$17.85 billion versus C$-2.65 billion last
Prior month C$-2.65 billion This article was written by Greg Michalowski at www.forexlive.com.
Fri, 17 Jan 2025 08:31:14 -0500
Canada Canadian Portfolio Investment in Foreign Securities up to $17.85B in November from previous $-2.65B
Canada Canadian Portfolio Investment in Foreign Securities up to $17.85B in November from previous $-2.65B
Fri, 17 Jan 2025 08:30:35 -0500
Canada Foreign Portfolio Investment in Canadian Securities came in at $16.4B, above forecasts ($14.5B) in November
Canada Foreign Portfolio Investment in Canadian Securities came in at $16.4B, above forecasts ($14.5B) in November
Fri, 17 Jan 2025 08:30:34 -0500
United States Housing Starts Change: 15.8% (December) vs -1.8%
United States Housing Starts Change: 15.8% (December) vs -1.8%
Fri, 17 Jan 2025 08:30:20 -0500
US December housing start 1.499M versus 1.320M estimate
Prior month 1.289M Housing starts x.xxxM vs 1.320M est Building permit prior month 1.505M Building permits x.xxxM vs 1.460M This article was written by Greg Michalowski at www.forexlive.com.
Fri, 17 Jan 2025 08:30:15 -0500
United States Building Permits Change down to -0.7% in December from previous 6.1%
United States Building Permits Change down to -0.7% in December from previous 6.1%
Fri, 17 Jan 2025 08:30:06 -0500
United States Housing Starts (MoM) came in at 1.499M, above forecasts (1.32M) in December
United States Housing Starts (MoM) came in at 1.499M, above forecasts (1.32M) in December
Fri, 17 Jan 2025 08:30:06 -0500
United States Building Permits (MoM) registered at 1.483M above expectations (1.46M) in December
United States Building Permits (MoM) registered at 1.483M above expectations (1.46M) in December
Fri, 17 Jan 2025 08:30:05 -0500
Natural Gas News: Will Arctic Weather Spark Bullish Momentum and Drive Demand Higher?
Natural gas futures dip as traders eye key support at $4.053. Will Arctic weather and bullish inventory data revive market momentum?
Fri, 17 Jan 2025 08:27:18 -0500
ECBs Elderson: If we lower the interest rate too fast, service inflation could rise
ECB's Elderson is lamenting and saying: If we lower the interest rate to quickly, darling down services inflation sufficiently could become complicated. If we keep interest rates too high for too long, then we risk undershooting our target.
Fri, 17 Jan 2025 08:19:19 -0500
Mexico economy growth outlook sluggish, bracing for U.S. tariff hit: Reuters poll
Mexico's economy will stay sluggish this year, a Reuters poll of economists found, as the country braces for a possible radical shift in U.S. tariff and migration rules that could dramatically worsen the outlook.
Fri, 17 Jan 2025 08:16:37 -0500
Markets are betting China will let yuan fall as Trump takes power, but not much
Financial markets are betting China will not use the yuan as a policy tool to offset expected U.S. tariffs in a second Donald Trump presidency, based on a view that sharp depreciation like that seen in his first term will be more harmful than helpful to the struggling economy.
Fri, 17 Jan 2025 07:52:09 -0500
US Dollar stabilizes after Fed Waller alludes to March rate cut
The US Dollar Index (DXY), which tracks the Greenback's value against six major currencies, further consolidates around the 109.00 level on Friday, though positioning is being torn into two camps. After a pivotal move earlier this week on the back of the US Consumer Price Index (CPI) for December, Federal Reserve (Fed) Governor Christopher Waller added some more oil to the fire on Thursday, alluding that a March rate cut would still be appropriate.
Fri, 17 Jan 2025 07:35:45 -0500
India's forex reserves slump to 10-month low amid sliding rupee
India's foreign exchange reserves extended their losing streak for a sixth straight week and stood at a 10-month low of $625.87 billion as of Jan. 10, data from the Reserve Bank of India showed on Friday.
Fri, 17 Jan 2025 07:04:59 -0500
British Pound Slides Against Euro and Dollar on Weak Retail Sales Data
The Pound attempted to rally on Thursday but dipped lower on Friday as weaker-than-expected retail sales data completed a week of generally disappointing data surrounding the UK economy. Sterling sentiment remains weak, and there are very strong expectations of a February Bank of England rate cut.
Fri, 17 Jan 2025 07:00:00 -0500
Sterling drops as weak retail sales add to stagnation woes
The pound dropped against the dollar and euro on Friday, after data showed that British retail sales fell unexpectedly in December, adding to an already-gloomy economic outlook.
Fri, 17 Jan 2025 06:50:15 -0500
Asia Markets Mixed, Europe Advances, Natural Gas Dips - Global Markets Today While US Slept
On Thursday, January 16, U.S. markets ended lower as investors assessed corporate earnings and economic data, weighing the potential for slower Federal Reserve rate cuts. Strong bank results lifted sentiment, while resilient consumer spending and a firm labor market reinforced a cautious market outlook.
Fri, 17 Jan 2025 06:32:27 -0500
India FX Reserves, USD fell from previous $634.59B to $625.87B in January 6
India FX Reserves, USD fell from previous $634.59B to $625.87B in January 6
Fri, 17 Jan 2025 06:30:52 -0500