The USDCHF pushed higher earlier in the day, and extended above the prior high from April 15 at 0.91514, but only to a NEW high […]
EIA weekly US oil inventories -6368K vs +825K expectedEIA weekly US oil inventories -6368K vs +825K expected
Prior was +2735KGasoline -634K vs -1775K expectedDistllates +1614K vs -1093K expectedRefinery utilization +0.4% vs +0.6% expected Private inventories from late yesterday: Oil -3230KGasoline -595KDistillates +724K […]
USDJPY climbs above 155.00 again as buyers remain in controlUSDJPY climbs above 155.00 again as buyers remain in control
The USDJPY is taking another run above the 155.00 level. The first break reached up to 155.164, but then rotated quiicly to 154.76 minutes later. […]
Gold finds a foot and rises to a two-day highGold finds a foot and rises to a two-day high
Gold got ahead of itself in the past seven weeks but it’s showing in the past two days that it might not be dead yet. […]
USDCAD moves higher helped by fundamental data/technical bounce.USDCAD moves higher helped by fundamental data/technical bounce.
The Canada retail sales came in a bit weaker than expectations. Meanwhile, US durable goods orders showed strength. That combination helped to push up the […]
Goldman Sachs: Tough for GBP/USD to break 1.23 without corresponding EUR/USD moveGoldman Sachs: Tough for GBP/USD to break 1.23 without corresponding EUR/USD move
Goldman Sachs analysts express skepticism about the GBP/USD’s ability to break through the 1.23 level independently of significant movement in the EUR/USD. Recent positive economic […]
S&P and NASDAQ index up for the third day in a rowS&P and NASDAQ index up for the third day in a row
The S&P and NASDAQ and are working on their third day in around higher. The NASDAQ is leading the way with a gain close to […]
Retail sales keep Bank of Canada on track to cut rates in June – CIBCRetail sales keep Bank of Canada on track to cut rates in June – CIBC
CIBC sees Canadians growing more cautious about spending as mortgages come up for renewal at much higher rates. Retail sales fell 0.1% compared to +0.1% […]
Atlanta Fed Q1 GDPNow 2.7% vs 2.9% priorAtlanta Fed Q1 GDPNow 2.7% vs 2.9% prior
The flash Q1 US GDP estimates is due on Thursday so we’re down to the final readings from the Atlanta Fed, which has a good […]
US market advanced durable goods orders 2.6% versus 2.5% expectedUS market advanced durable goods orders 2.6% versus 2.5% expected
Prior month 1.3% (revised). Revised even lower to 0.7%nondefense capital goods orders ex air 0.2% vs 0.2% expected. Prior nondefense capital goods orders ex-air 0.7% […]