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<p>UPCOMING EVENTS:
</p><ul><li>Monday:
Switzerland CPI.</li><li>Tuesday: Tokyo
CPI, China Caixin Services PMI, RBA Policy Decision, Eurozon ...read more
Posted on: Sun, Dec 3, 2023 8:54 AM
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<p>Here's a great chart from BMO showing the consistent jobs growth in the establishment survey compared to the household survey showing net job losse ...read more
Posted on: Sat, Dec 2, 2023 10:56 AM
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<ul><li><a href="https://www.forexlive.com/centralbank/powell-fomc-is-moving-forward-carefully-as-risks-around-rates-becoming-more-balanced-20231201/" ...read more
Posted on: Fri, Dec 1, 2023 9:53 PM
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<p>Closing changes:</p><ul><li>S&P 500 +0.6%</li><li>DJIA +0.8%</li><li>Nasdaq Comp +0.6%</li><li>Russell 2000 +2.9%</li><li>Toronto TSX Comp +1.0 ...read more
Posted on: Fri, Dec 1, 2023 9:11 PM
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<p>It's a buy-everything market today, with one big exception.</p><p>Oil fell sharply today in the past two hours. The catalyst: US oil drilling rigs ...read more
Posted on: Fri, Dec 1, 2023 7:52 PM
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<p>This is the moment of truth for gold. I like the setup here, as I always do on December seasonals. In addition, the Fed is going to pivot dovishly ...read more
Posted on: Fri, Dec 1, 2023 6:40 PM
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<p>The latest tracker from the Atlanta Fed fits into the market's narrative of falling growth. The problem would be if it falls below 0% but 1.2% is s ...read more
Posted on: Fri, Dec 1, 2023 6:17 PM
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<ul><li>Gas rigs 116 vs 117 prior</li></ul><p>These guys are adding rigs while OPEC+ has 5 million barrels of spare capacity? Yikes.</p>
...read more
Posted on: Fri, Dec 1, 2023 6:03 PM
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<p>Risk trades are running wild today. November was one of the best months for equities ever and we've picked right up in December with small caps joi ...read more
Posted on: Fri, Dec 1, 2023 5:20 PM
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<h1><strong>Monday</strong></h1>
<p>BoJ Governor Ueda
continues to be uncertain about them hitting the 2% target sustainably:</p>
<ul><li><strong>Can ...read more
Posted on: Fri, Dec 1, 2023 4:44 PM
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<p>Europe has picked up where it left off last month:</p><ul><li>STOXX 600 +1.0%</li><li>German DAX, +1.1%</li><li>France CAC +0.5%</li><li>UK FTSE 10 ...read more
Posted on: Fri, Dec 1, 2023 4:32 PM
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<p>On the face of it, today's miss in the US ISM manufacturing survey wasn't a big one. It was at 46.7 compared to 47.6. But I don't think the consens ...read more
Posted on: Fri, Dec 1, 2023 3:31 PM
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<ul><li><a href="https://www.forexlive.com/news/us-september-construction-spending-04-vs-04-expected-20231101/" target="_blank" rel="follow">Prior </a ...read more
Posted on: Fri, Dec 1, 2023 3:00 PM
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<ul><li><a href="https://www.forexlive.com/news/us-september-ism-manufacturing-pmi-467-vs-490-expected-20231101/" target="_blank" rel="follow">Prior < ...read more
Posted on: Fri, Dec 1, 2023 3:00 PM
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<ul><li>Flash estimate was 48.6</li><li>Prior was 50.0</li><li>New orders fell into contraction</li><li>Goods
producers noted that, although only marg ...read more
Posted on: Fri, Dec 1, 2023 2:45 PM
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<ul><li><a href="https://www.forexlive.com/news/canada-sp-global-october-manufacturing-pmi-486-vs-475-prior-20231101/" target="_blank" rel="follow">Pr ...read more
Posted on: Fri, Dec 1, 2023 2:30 PM
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<p>Happy Friday.</p><p>The market is in a bit of a lull today and that's understandable given all the drama of November and that it's the first tradin ...read more
Posted on: Fri, Dec 1, 2023 2:16 PM
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<p>USD/CAD is down 35 pips to 1.3527 following today's jobs report, that's about 20 pips lower than before the data but above the session low of 1.351 ...read more
Posted on: Fri, Dec 1, 2023 2:03 PM
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<ul><li><a href="https://www.forexlive.com/news/canada-october-employment-175k-vs-225k-expected-20231103/" target="_blank" rel="follow">Prior </a>+15. ...read more
Posted on: Fri, Dec 1, 2023 1:30 PM
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<p>Frequently, Canada has to share the jobs spotlight with it's geographically-smaller neighbour to the south but today the loonie gets the spotlight ...read more
Posted on: Fri, Dec 1, 2023 1:22 PM
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<p>Headlines:</p><ul><li><a href="https://www.forexlive.com/news/powell-to-have-the-final-say-before-december-fomc-meeting-20231201/">Powell to have t ...read more
Posted on: Fri, Dec 1, 2023 12:48 PM
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<p class="text-align-justify">It's a rare occasion that we get to see the Fed chair be the one to be last on the agenda before the blackout period goe ...read more
Posted on: Fri, Dec 1, 2023 11:18 AM
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<p class="text-align-justify">Powell will be making two appearances today but at a similar event at the Spelman College. They are late ones and even m ...read more
Posted on: Fri, Dec 1, 2023 10:39 AM
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<ul><li>Prior 44.8</li></ul><p class="text-align-justify">The revision higher reflects easing downturns in output and new orders on the month. However ...read more
Posted on: Fri, Dec 1, 2023 9:30 AM
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<p class="text-align-justify">USD/JPY is down 0.2% to 147.85 and GBP/USD up 0.3% to 1.2658 currently as the dollar is slightly lower on the session. T ...read more
Posted on: Fri, Dec 1, 2023 9:27 AM
