Australian Dwelling Approvals: Down Sharply, Extending Second Leg Lower
November –9.1%mth, –32.8%yr. Dwelling approvals moved sharply lower in November, with the pace of decline a downside surprise....
US Dollar: Why 2019 Could Break Bulls’ Hearts
The pendulum of market sentiment swings ever back and forth between fear and greed, euphoria and despondency. Lately,...
Canada’s Trade Deficit Widens in November on Fall in Crude Oil Exports
Canada posted a $2.1bn trade deficit in November, down from an upward revised $0.85bn deficit in October (previously...
US: Small Businesses Confidence Moderates at the End of the Year, but Remains Upbeat Relative to History
The NFIB’s small business optimism index fell 0.4 points to 104.4 in December. The headline print came in...
A Bit Of The Feel-Good Factor Has Temporarily Abated
Markets A bit of the feel-good factor has temporarily abated for local equity markets after Samsung Electronics quarterly...
The Powell ‘Put’ Continues To Resonate
Global equities were in modest demand throughout Monday and continued to bolster ASIA FX EM and G10 commodity...
Yen Unchanged, US Services PMI Slips
The Japanese yen has started the new trading week with a yawn. In Monday’s North American session, USD/JPY...
Stocks Pause as Focus Shifts to Trade Talks
Last week’s stock market rally stemmed from the PBOC’s RRR cut, outstanding US employment numbers and Powell’s comments...
The Feds Monetary Policy Reaction Function Is Yawing Dovish
Markets The Fed debate will rage on after a colossus NFP headline followed by Chair Powell speech which...
Markets Rise After Strong US Jobs Growth with Fed Talking Down Rate Hikes
The US dollar had a tough first week of 2019. The greenback is lower against most major pairs...

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