Prior was 3.4%Employment change +0.1% vs +0.3% expParticipation rate 71.1% vs 71.2% expLabour cost index q/q +0.7% vs +0.9% expLabor cost index y/y +2.8% vs […]
Forexlive Americas FX news wrap: USD the weakest of the major currencies for the 2nd consecutive dayForexlive Americas FX news wrap: USD the weakest of the major currencies for the 2nd consecutive day
The US major indices closing higher and near highs for the 3rd day in a row. Tomorrow in the US session. What is on the […]
Trade ideas thread: What to make of the risk reboundTrade ideas thread: What to make of the risk rebound
The most interesting chart out there for me right now is AUD/USD the ongoing rejection of the break lower. What’s telling is that even with […]
It’s increasingly difficult to believe that Hong Kong will ever get omicron under controlIt’s increasingly difficult to believe that Hong Kong will ever get omicron under control
A health schism has opened up between Hong Kong and mainland China. We are quickly approaching the point where Hong Kong and its 7.5 million […]
Strong Canadian GDP justifies the hawkish tone from the BOC – CIBCStrong Canadian GDP justifies the hawkish tone from the BOC – CIBC
Canadian November GDP at +0.6% m/m was stronger than the +0.3% advance estimate and the 0.4% consensus. In addition, the advance estimate for December was […]
Strong open for Japanese stocksStrong open for Japanese stocks
Futures on Japan’s benchmark index are up 0.9% shortly before the open. There was a solid open yesterday at 0.6% but that was halved into […]
S&P and Dow trade to new session highsS&P and Dow trade to new session highs
The major US stock indices are trading near highs for the day. The Dow and S&P just traded to a new session high. The NASDAQ […]
Tomorrow in the US session. What is on the event/release calendar?Tomorrow in the US session. What is on the event/release calendar?
So what is on the US event/release calendar for tomorrow?US ADP Non farm payroll change. 8:15 AM ET. Estimate 185K vs 807K last month. The US […]
EURUSD extend back above its 200 hour moving averageEURUSD extend back above its 200 hour moving average
EURUSD moved back above its 200 hour moving average The price of the EURUSD open the New York session above its 200 hour moving average, […]
The US major indices closing higher and near highs for the 3rd day in a row.The US major indices closing higher and near highs for the 3rd day in a row.
The major US indices are closing higher and near the highs for the day for the 3rd day in a row. After the close alphabet […]