This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US. Via Twitter: I had seen a different number elsewhere for the distillates. — Expectations I had seen centred on: Headline crude -0.3mn barrels Distillates -1.5 mn bbls Gasoline -0.8 mn — This data point is
Share: Nonfarm Payrolls surprised expectations to the downside in October. This brought the USD lower from its high ground. Economists at TD Securities analyze Greenback’s outlook. A topping out of 10Y yields and US rates vol will help revive the high-quality carry currencies Both the headline jobs number and wage data came on
This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US. Numbers via Twitter … not the expectations I had below the screenshot are closer to the result: — Earlier: Goldman Sachs sees Brent crude oil prices to USD100/bbl by June as stocks ‘descend gently’ Expectations
US Dollar (DXY) Price, Chart, and Analysis Annual US headline inflation rose for the second month in a row, while core inflation fell for the fifth consecutive month, leaving Fed officials caught between two readings. Headline inflation rose due to higher gasoline prices (+10.6%) which accounted for over half the increase, while the shelter component
Share: USD/CHF trades higher around 0.8910 on the back of Greenback’s recovery. US inflation is expected to appreciate; any deviation could influence the sentiment toward the pair. BoJ Governor Kazuo Ueda’s hawkish remarks contributed to USD weakness. USD/CHF struggles to recover from the previous day’s losses ahead of the release of the US
EURO AREA INFLATION KEY POINTS: Key News and Data Releases this Week, Download Your Free Guide for Tips on News Trading. Recommended by Zain Vawda Trading Forex News: The Strategy The core inflation rate in the Euro Area (filters out volatile food and energy prices) cooled coming in at 5.3% from a previous 5.5%. Core
