We need to move toward normalisation“Certainly conceivable“ that Fed can raise rates in MarchExpects inflation pressures to ease later in the yearBut supply chain issues may persist into 2023, adding uncertainty to the outlookJob market is „as tight as it could be“ at this pointFull interview (may b
Schlagwort-Archiv: Forex
Eurozone November unemployment rate 7.2% vs 7.3% prior
Prior 7.3%
Another tick lower in the jobless rate as we start to get back to pre-pandemic levels. I would still argue that with the changes to the landscape in the jobs market and government assistance, it is still tough to accurately gauge underlying labour market conditions. That said, the
Equities encounter a more push and pull start to the day
European indices are flattish on the day now as US futures also pick back up a little after the sudden drop earlier.The Stoxx 600 index is down 0.1% as is the DAX and CAC 40 indices. Meanwhile, S&P 500 futures are up 0.1% and Nasdaq futures back up 0.2% after the fall into the red earlier.This comes
ECB’s Schnabel says the Bank may need to act on policy due to rising energy prices
European Central Bank board member Isabel Schnabel spoke on Saturday, warning the Bank may have to act:
„Rising energy prices may require a departure from a ‚looking through‘ policy.“
Scnhabel elaborated it saying:
„So far, however, there are no signs of broader second-round eff
How the Kremlin views the sudden outbreak of violence in Kazakhstan
In one version of history, the huge spontaneous protests in Kazakhstan were the result of years of grievances that boiled over after an increase in propane and butane prices, which are widely used as auto fuels there.
In another version, a ‚hybrid war‘ is ongoing where there’s an ongoing
In another version, a ‚hybrid war‘ is ongoing where there’s an ongoing
Forexlive Americas FX news wrap: Wage surprise pushes 10-year yields above the May high
US December non-farm payrolls +199K vs +400K expected
Canada December employment change 54.7K vs 24.5K estimate
Canada December employment change 54.7K vs 24.5K estimate
US Nov consumer credit outstanding +39.99B vs +$19.5B expected
Baker Hughes rig count sees oil rigs up to 481 from 480 last week
Biden: Car prices are too high
F
US stocks close lower. NASDAQ and S&P close lower for the fourth consecutive day
The major indices all closed lower today with the NASDAQ index leading the way to the downside once again. All three indices posted weekly lossesS&P and NASDAQ close lower for the fourth consecutive dayDow industrial average closed lower for the third consecutive dayS&P closes 3% from its record hig
USDCHF tests 100 hour MA
USDCHF is testing its 38.2% retracement and 100 hour MA
The USDCHF is testing the 100 hour MA and the 38.2% of the move up from the December 31 low at 0.9182 area. The low price just reached 0.9183.
A move below the 100 hour moving average and the 38.2% retracement, would increase the
US Nov consumer credit outstanding +39.99B vs +$19.5B expected
Prior was +16.9B (revised to +16.0B)Revolving +19.8BNon-revolving $20.15BThere’s no shortage of demand for credit.
Crude oil futures settle at $78.90
The price of WTI crude oil futures are settling at $78.90. That’s down -$0.56 or 0.7%.
The high price reached $80.47. The low price extended to $78.52.
The high price reached $80.47. The low price extended to $78.52.
Crude oil was up sharply this week
For the week, the price moved up for the first four trading days, but is trading down today after re