Latest data released by Eurostat – 3 December 2021
Schlagwort-Archiv: FX
Aussie and kiwi continue to dribble lower on the day
Dollar keeps steadier for the most part, risk remains tentative
AUD/USD is down 0.6% to 0.7049 now with NZD/USD also dragged lower by 0.6% to 0.6773 as both pairs are hitting fresh lows on the day.
AUD/USD is down 0.6% to 0.7049 now with NZD/USD also dragged lower by 0.6% to 0.6773 as both pairs are hitting fresh lows on the day.
UK November final services PMI 58.5 vs 58.6 prelim
Latest data released by Markit/CIPS – 3 December 2021
here
Of note, prices charged by service providers also increased at the
fastest rate since the survey began in July 1996. Markit notes that:
here
Of note, prices charged by service providers also increased at the
fastest rate since the survey began in July 1996. Markit notes that:
Oil holds light bounce awaiting OPEC+ meeting
WTI up a little over 2% around $67
It is tough to get too optimistic about oil prospects at the moment as omicron fears are still weighing quite heavily on the fundamental backdrop.
It is tough to get too optimistic about oil prospects at the moment as omicron fears are still weighing quite heavily on the fundamental backdrop.
Eurozone October unemployment rate 7.3% vs 7.3% expected
Latest data released by Destatis – 2 December 2021
Eurozone October PPI +5.4% vs +3.5% m/m expected
Latest data released by Eurostat – 2 December 2021
here
here
OPEC+ said to likely discuss pausing oil output hike for January among its options
Reuters reports, citing OPEC+ sources
That shouldn’t be a surprise as it is pretty much the benchmark expectation that oil traders are looking for later today. If they do not go forward with that, I fear that we could see the ugly past few days in oil continue despite a light bounce so far today.
That shouldn’t be a surprise as it is pretty much the benchmark expectation that oil traders are looking for later today. If they do not go forward with that, I fear that we could see the ugly past few days in oil continue despite a light bounce so far today.
FX option expiries for 2 December 10am New York cut
A look at what is on the board for today
Nothing too significant although there are modestly large ones nearby the current spot price for USD/JPY and GBP/USD.
Nothing too significant although there are modestly large ones nearby the current spot price for USD/JPY and GBP/USD.
US MBA mortgage applications w.e. 26 November -7.2% vs +1.8% prior
Latest data from the Mortgage Bankers Association for the week ending 26 November 2021
– +1.8%
– +1.8%
China refutes report that it will ban variable interest entities from listing overseas
The China securities regulator labels the report as being „not factual“
This comes after an earlier report by Bloomberg, stating that China plans to ban the loophole that is exploited by tech firms for foreign IPOs.
This comes after an earlier report by Bloomberg, stating that China plans to ban the loophole that is exploited by tech firms for foreign IPOs.