Prior was -8.8New orders -3.4 vs -4.7 priorPrices paid 26.6 vs 30.3 priorEmployees +3.5 vs +9.1 prior A special question in the Philly Fed survey […]
Canada prelim February wholesale trade +0.8%Canada prelim February wholesale trade +0.8%
That’s a strong flash estimate from Statistics Canada. The increase reflects higher sales in the machinery, equipment and supplies subsector, the motor vehicle and motor […]
EUR/USD Price Recovers Amid Poor US New Home Sales DataEUR/USD Price Recovers Amid Poor US New Home Sales Data
The R1 is seen as the next potential target. The bias is bullish as long as it stays within the ascending pitchfork’s body. The US […]
Apple iPhone demand in China is crateringApple iPhone demand in China is cratering
China is something like 20% of revenues for Apple but maybe not for long. China hasn’t directly targeted Apple in sanctions in the same way […]
US January CaseShiller 20-city house price index +0.1% m/m vs +0.2% expectedUS January CaseShiller 20-city house price index +0.1% m/m vs +0.2% expected
Prior was +0.2% (revised to +0.3%)House prices +6.6% y/y vs +6.7% expected The FHFA house price numbers: January prices -0.1% vs +0.1% priorHome prices y/y […]
AUDUSD Technical AnalysisAUDUSD Technical Analysis
USD The Fed left interest rates unchanged as expected with basically no change to the statement. The Dot Plot still showed three rate cuts for […]
ForexLive European FX news wrap: Dollar holds lower, stocks creep higher againForexLive European FX news wrap: Dollar holds lower, stocks creep higher again
Headlines: Dollar continues to get checked back to start the weekBOE’s Mann: Markets are pricing in too many rate cutsECB’s Muller: We are closer to […]
USDCAD Technical Analysis – Key support zone in sightUSDCAD Technical Analysis – Key support zone in sight
USD The Fed left interest rates unchanged as expected with basically no change to the statement. The Dot Plot still showed three rate cuts for […]
BOC’s Rogers: Low Canadian productivity is an emergencyBOC’s Rogers: Low Canadian productivity is an emergency
In future, inflation may be more of a threat than it has been over past few decadesProductivity is a way to inoculate the economy against […]
GBP/USD Price Analysis: Dollar Weakness Briefly Lifts PoundGBP/USD Price Analysis: Dollar Weakness Briefly Lifts Pound
The pound recovered on Tuesday as the dollar weakened. BoE policymakers assumed a more dovish stance last week. Investors will remain cautious as they await […]