I often write that the industrial revolution was the biggest thing to happen in human history but we might be re-writing history right now.I want to underscore ...
The euro is rising after ECB sources cited by Reuters said:June hike "very likely" and policymakers were in broad agreementSome already advocated for a hike (La...
Sector OverviewToday's stock market heatmap reveals a dynamic and contrasting performance across various sectors. Notably, healthcare and communication services...
The AUDUSD—like the EURUSD, GBPUSD, and USDCAD—is trading right at a key technical crossroads, with the 100- and 200-hour moving averages converged near 0.7159....
The White House is preparing markets for a prolonged squeeze on Iran. Under the plan being weighed, the US would maintain its naval blockade on Iranian ports wh...
In yesterday’s post, I flagged the 1.3709–1.3715 area as a key upside target (see: USDCAD moves to new session highs. Extends above 1.3700 and looks toward 1.37...
So there was a question about whether the move in the yen was due to the strong verbal intervention today, a rate check or actual intervention and it looks like...
Wage tracker indicates easing labor costsSurveys indicate a rise in other costsIndicators of underlying inflation have changed little in recent monthsShort-term...
Prior was +0.1%Canada's economy expanded 0.2% in February, matching expectations and extending the goods-side rebound that has now driven growth for two consecu...
Prior week 214K revised to 215KIniital jobless claims 189K vs 215K estimate4 week moving average 207.5K vs 211.00 last week Continuing claims 1.785M vs 1.815M e...
Final Q4 GDP was +0.5%Consumer spending (PCE):%GDP final sales (excluding inventories) +% vs +0.3% priorGDP price index (GDP deflator): vs +3.8% expectedCore PC...
Prior was 2.8%PCE m/m +0.7% vs +0.7% expectedPrior +0.4%Core PCE (excluding food & energy):Core y/y +3.2% vs +3.2% expectedPrior was +3.0%Core m/m +0.3% vs ...