Share: USD/CAD retraces to 1.3570, and holds above the 50- and 100-hour EMAs on the four-hour chart. The key resistance level is seen at 1.3600; the initial support level is located at 1.3515. Relative Strength Index (RSI) is located in the bullish territory above 50. The USD/CAD pair loses some ground after being
Share: NIO stock gives back early gains reaped on deregulation of cross-border data. China’s Cybersecurity Administration has reduced scrutiny of non-personal data. Hang Seng index closes 2.5% higher on the news. US Core PCE data for August shows inflation slowing, boosts US stocks. Nio (NIO) stock rose 1.2% early Friday, to $9.02 but
© Reuters. Investing.com– Most Asian currencies moved little on Friday, but stemmed some recent losses as the dollar came off 10-month highs and Treasury yields stalled before key U.S. inflation data due later in the day. Regional currencies were battered by a spike in the dollar and Treasury yields this week, after hawkish signals from
> Japan data: August retail sales +7% y/y (+6.6% expected), industrial output beats also Eamonn Sheridan Thursday, 28/09/2023 | 23:52 GMT-0 28/09/2023 | 23:52 GMT-0 more to come – Earlier: ADVERTISEMENT – CONTINUE READING BELOW Tags ADVERTISEMENT – CONTINUE READING BELOW Most Popular ADVERTISEMENT – CONTINUE READING BELOW ADVERTISEMENT – CONTINUE READING BELOW لینک منبع
© Reuters. The U.S. dollar held its position near a 10-month high against a basket of major currencies on Thursday. The dollar’s strength was buoyed by optimistic U.S. economic data and anticipatory remarks from Federal Reserve officials. The , which measures the greenback against other major currencies, hovered around 106.58 after hitting an overnight peak
It will be hard to figure out in the economy without data Credit card data is a good alternative data set I try to talk to businesses and workers what’s happening in the economy Growth still seems ‘solid’ in the economy It makes sense that lower and middle-income spending is adjusting to a slower pace
Number of traders net-short has decreased by 35.23% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI FTSE 100 BEARISH 51.27% 48.73% 25.94% Daily 51.88% Weekly -21.61% Daily -35.23% Weekly -2.79% Daily -8.25% Weekly of clients are net long. of clients are net short. Change in Longs
Share: USD/INR sticks to modest gains below the mid-83.00s ahead of US data. US Durable Goods Orders rose by 0.2% MoM vs. -5.6% prior. Reserve Bank of India (RBI) is likely to keep the interest rate unchanged at its October meeting. Investors will closely watch the US consumer inflation due on Friday. USD/INR
Fed’s Collins FOMC member Susan Collins is speaking and says: “Optimistic” inflation can fall with only a “modest” rise in unemployment, sees a “widened” pathway to that outcome. Current policymaking requires “considerable” patience to get the right signal from data. Despite “encouraging” recent data, inflation remains too high. Key elements of inflation, such as core
Share: Next week, markets will continue to digest the outcomes of recent central bank meetings. Additionally, market participants will closely monitor the release of economic data, with a particular focus on inflation figures from the Eurozone and the US Core Personal Consumption Expenditure (PCE) index. Here is what you need to know for
