Stats NZ released its monthly ‘Employment Indicators’ data, for October 2024: there are over 35,500 fewer jobs now in NZ than there were a year […]
Forexlive Americas FX news wrap 27 Nov: Core PCE inflation remains sticky but as expected
A down day for the major indices ahead of the Thanksgiving day holidayRBNZ Asst Gov Silk: Manufacturing, retail, construction will start to see recovery in […]
Economic calendar in Asia Thursday, November 28 – RBA Governor Bullock speaks late
From New Zealand is business confidence and activity indicators, from the ANZ Business Outlook Survey. This is a monthly assessment conducted by ANZ Bank New […]
Atlanta Fed GDPNow growth estimate for Q4 rises to 2.7% from 2.6% on November 19
The Atlanta Fed GDPNow growth estimate for Q4 rose to 2.7%. In their own words: The GDPNow model estimate for real GDP growth (seasonally adjusted […]
Assuming Trump actually puts the tariffs on Canada and Mexico
Few people think Trump will actually follow through with 25% across-the-board tariffs on Canada and Mexico, at least not for any length of time. But […]
Geopolitics: German foreign intelligence says Kremlin since Germany as an adversary
German foreign intelligence service says: Kremlin sees Germany as an adversarySays Germany is in direct confrontation with MoscowRussia has started to use “kinetic” measures against […]
When the bond market turns, USD/JPY gets crushed. 5 reasons behind the drop
USD/JPY is down a whopping 260 pips today following a 140-pip decline yesterday. The pair is trading at 150.46 fr om a high of 156.76 […]
US dollar slides further as monthly flows weigh
The US dollar is soft today and I think we’re getting an idea why at the moment. It’s struggling into the London fix, which highlights […]
US pending home sales for October 2.0% versus -2.0% estimate
Prior month +7.4% Details Pending home sales 2.0% versus -2.0% expectedHome sales index 77.4 versus 75.8 last monthSales up 5.4% year on year. Highest level […]
US stock futures are flat but bitcoin has perked up
S&P 500 futures are fractionally lower as we count down to the open. With the US holiday tomorrow and month end looming, flows are likely […]