economy
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Home Page – About Me News Today(1/2): Spain Manufacturing PMI at 3:15 AM, Italy Manufacturing PMI at 3:45 AM, Germany Manufacturing PMI at 3:55 AM, Euro Manufacturing PMI at 4:00 AM, US Jobless Claims at 8:30 AM, US Manufacturing PMI at 9:45 AM Highlights: Equities closed slightly lower today after an attempted bounce in the…
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Home Page – About Me News Today(12/20): UK GDP at 2:00 AM Highlights: The U.K. GDP print came in lower than expected (0% vs. 0.1%) but elicited a muted market reaction. This, combined with yesterday’s weak U.K. Retail Sales data, adds to the mounting pressure on GBP/USD, further compounded by the BOE’s shift in its…
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Home Page – About Me News Today(12/20): UK Retail Sales at 2:00 AM, US Core PCE at 8:30 AM, Michigan Consumer Confidence at 10:00 AM Highlights: UK Retail Sales came in worse than expected (0.2% vs 0.5%), but the market reaction was muted. However, this adds to the growing pressure on GBP/USD, compounded by the BOE’s…
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Home Page – About Me News Today(12/19): BOJ Interest rate decision at 10:00 PM, BOE Interest rate decision at 7:00 AM, US GDP and Initial Jobless Claims at 8:30 AM, Existing Home Sales at 10:00 AM Highlights: The BOJ held interest rates steady while maintaining their cautious stance, emphasizing that future cuts would depend on supportive…
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Home Page – About Me News Today(12/18): UK CPI & PPI at 2:00 AM, Fed Interest rate decision at 2:00 PM, FOMC Conference at 2:30 PM and BOJ Interest rate decision at 10:00 PM Highlights: Better-than-expected U.K. CPI data was released today, but it had no significant market reaction. Overall, currency pairs traded within tight ranges…
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Home Page – About Me News Today(12/17): UK Unemployment rate at 2:00 AM, Canada CPI at 8:30 AM and US Retail Sales at 8:30 AM Highlights: U.K. reported significantly stronger-than-expected employment numbers, with Claimant Change (people filing for unemployment) coming in at 0.3K versus an expectation of 28.2K. This provided about 25 pips of relief and…
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Home Page – About Me News Today(12/16): ECB President Lagarde speech at 3:15 AM & 3:30 AM, France PMI at 3:15 AM, Germany PMI at 3:30 AM, Eurozone PMI at 4:00 AM, UK PPI at 4:30 AM and US PMI at 9:45 AM Highlights: The better-than-expected Eurozone PMI print initially provided some relief for the euro,…
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Home Page – About Me News Today(12/12): European Central Bank(ECB) Interest rate decision at 8:15 AM, US PPI at 8:30 AM, ECB Press Conference at 8:45 AM, US Treasury 30-Year Note auction at 1:00 PM and Broadcom(AVGO) earnings – 1.56% of S&P500 and Costco(COST) earnings – 0.86% of S&P500 after market close Highlights: The Swiss National…
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Home Page – About Me News Today(12/11): US CPI at 8:30 AM, Bank of Canada(BOC) Interest rate decision at 9:45 AM, BOC Press Conference at 10:30 AM, US Treasury 10-Year Note auction at 1:00 PM and Adobe(ADBE) earnings – 0.47% of S&P500 after market close Highlights: Muted reaction on the on-line CPI print at the number…
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Home Page – About Me News Today(12/10): Germany CPI at 2:00 AM and Eurogroup Meeting at 2:00 AM Highlights: The 10-year U.S. Treasury yield extended its rally, reaching weekly highs, reflecting strong economic data and expectations of sustained growth. This makes aggressive Federal Reserve rate cuts less likely. The probability of a 25 basis point Fed…
