Week Ahead – Cause for Optimism
Minutes and PMIs eyed Investors are growing increasingly hopeful about the economic outlook and next week’s PMIs will tell us whether businesses share their optimism. Central bank minutes will also provide more insight into whether policy makers are encouraged and...
Forward Guidance: Flurry of Indicators to Highlight Resilience Through Second Wave
The Canadian economy (outside of the hospitality sector) continued to show resilience through the second wave of lockdowns as households and businesses adapted to tighter restrictions. The more narrowly imposed containment measures this time around, which left the industrial sector...
Soft End to the Week
Taking a break Stock markets have turned negative after quite a flat week that has been light on newsflow and economic events. Holiday’s in parts of Asia and the upcoming bank holiday in the US on Monday may ensure markets...
Commodities And Cryptos: Oil Rally Take A Break, Gold Stumbles, Bitcoin Momentum Continues
Oil Crude prices are taking a moment after the February breakout took prices above levels some analysts thought couldn’t be touched until a couple years down the road. Oil prices were unfazed from both monthly reports from the IEA and...
Investors Await UK GDP
The British pound is almost unchanged in the Thursday session. Currently, GDP/USD is trading at 1.3828, down 0.07% on the day. In Asia, China and Japan are closed for the Lunar New Year, resulting in a lack of movement in the...
Frank First Biden-Xi Call But Also Hope For Increased Dialogue
Market movers today We will keep monitoring news on vaccine efficacy and production capacity. Lots of studies are released these days. Today the calendar is very thin on data. We will keep an eye on US jobless claims in the...
Markets Deflated after Data Miss
Another relatively flat session on Wednesday, with stock markets running out of steam a little after an impressive run over the prior week. We’ve seen plenty more optimism in these markets recently. Covid numbers are finally improving, the vaccine rollout...
The Stock Market Continues To Set New Records. The Dollar Is Falling
On Tuesday and Wednesday, there is a continuation of the rally in the stock markets. The S&P 500 index reached the level of 3200 in the Asian session, while the credit market remained calm. In the absence of an important...
US CPI in Focus as Yellen and Fed Downplay Inflation Fears
With so much talk of inflation lately, the monthly print of the consumer price index (CPI) out of the United States on Wednesday (13:30 GMT) might attract a bit more attention than usual. After the NFP disappointment, stronger-than-expected CPI data...
New Zealand Dollar Drifting
The New Zealand dollar is almost unchanged in Tuesday trade. Currently, NZD/USD is trading at 0.7228, up o.08% on the day. New Zealand Inflation Expectations accelerates New Zealand has done an excellent job of containing Covid-19, as the country has...
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