Weekly Market Outlook (27-01 December)

[ad_1] UPCOMING EVENTS: Tuesday: Australian Retail Sales, US Consumer Confidence. Wednesday: Australian Monthly CPI, RBNZ Policy Decision, US GPD Q3 2nd Estimate. Thursday: Japan Industrial Production and Retail Sales, China PMIs, Switzerland Retail Sales, Eurozone CPI and Unemployment Rate, Canada GDP, US Core PCE, US Jobless Claims. Friday: Japan Jobs data, China Caixin Manufacturing PMI,

GBP/USD hits 12-week high amid positive data

[ad_1] Share: GBP/USD climbs above 1.2600, driven by optimistic UK data and a jump in UK yields. US data was mixed with solid Services and Composite PMIs, but Manufacturing PMI fell into contraction. Upcoming speeches by the BoE Governor and US economic reports to provide further cues for GBP/USD movement. The Pound Sterling

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ECBs de Guindos: Euro area economy is stagnating in 2nd half of 2023

[ad_1] Euro area economy is stagnating in 2nd half of 2023 Q4 GDP will likely be similar to Q3 Risks tilted to the downside Current level of reates held for long enough and will likely tame inflation going forward.  This article was written by Greg Michalowski at www.forexlive.com. [ad_2] لینک منبع : هوشمند نیوز

Silver sees late jump on Friday, touches 12-week high at $24.30

[ad_1] Share: Spot Silver is surging late on Friday, tests 12-week high. XAG/USD pings $24.30 as Silver rebounds, following broad-market risk sentiment higher. Metals are pushing higher with the NY market set for an early close. XAG/USD tapped $24.30 in the back half of Friday’s trading, testing Silver’s highest bids in almost 12

Israel Defense minister: Pause in military action is a short pause

[ad_1] The pause in the war in the Gaza/Isreal has paused as hostage exchange started today. However, the Israel defense minister says the pause will be a short pause, and that the full military force will resume operation.  This article was written by Greg Michalowski at www.forexlive.com. [ad_2] لینک منبع : هوشمند نیوز

GBP/USD climbs above 1.2600, driven by optimistic UK data

[ad_1] Share: GBP/USD hits 12-week high amid positive data The Pound Sterling (GBP) advances to a new 12-week high against the US Dollar (USD) courtesy of better-than-expected data revealed on Thursday, which sparked a sell-off of Gilts; consequently, UK bond yields rose. The GBP/USD is trading at 1.2606 after hitting a high of

Canada retail sales for September 0.6% vs 0.0% estimate

[ad_1] Canada retail sales Prior month -0.1% (they were expecting -0.3%) The September advance estimate was 0.0% Retail sales for September 0.6% vs 0.0% est. Ex auto 0.2% vs -0.2% est. Prior month ex auto, +0.1% Ex auto and gas -0.3%% vs -0.3% last month October advanced estimate 0.8% Retail sales were up in 4

GBP/JPY breaks above 188.50, hits its highest bids since August 2015

[ad_1] Share: GBP/JPY crosses 188.50, hits eight-year high as markets rally into the Friday close. The Pound Sterling is set for its fourth straight up day against the Yen. Risk appetite is catching a broad-market bid to cap off the trading week. The GBP/JPY has broken into new eight-year highs above 188.50 as the