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Economic Calendar

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News

TSX Snaps 6-day Losing Streak, Ends 0.76% Up

TSX Snaps 6-day Losing Streak, Ends 0.76% Up

The Canadian market closed on a bright note on Friday, snapping a 6-day losing streak, after data from U.S. Commerce Department showing a slower than expected pace of acceleration by the PCE price index raised hopes for more interest rate cuts by the Federal Reserve next year.
RTTNews | 17h 47min ago
Dollar Slips Against Major Counterparts After PCE Data

Dollar Slips Against Major Counterparts After PCE Data

The U.S. dollar shed ground against its major counterparts on Friday after soft personal consumption expenditures (PCE) data raised hopes of more interest rate cuts by the Federal Reserve next year.
RTTNews | 19h 16min ago
Canadian Stocks Up Firmly After Long Losing Streak, Set To End On Bright Note

Canadian Stocks Up Firmly After Long Losing Streak, Set To End On Bright Note

Canadian stocks are firmly up in positive territory on Friday, rebounding strongly with investors indulging in some hectic bargain hunting after six straight days of losses. The market's rise is also due to the positive reaction to the Federal Reserve's preferred readings on consumer price inflation.
RTTNews | 21h 23min ago
U.S. Dollar Drops After Soft PCE Inflation Data

U.S. Dollar Drops After Soft PCE Inflation Data

The U.S. dollar declined against its major counterparts in the New York session on Friday, as a slowdown in PCE inflation for November bolstered the prospect of slower pace of rate cuts by the Federal Reserve next year.
RTTNews | 22h 14min ago
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Swiss stocks found some support in late afternoon trades on Friday, but still ended the day's session on a weak note. The mood remained cautious amid concerns about the outlook for global economy in the wake of tariff threats by the U.S., fears of a U.S. government shutdown, and recent hawkish comments from the Fed that interest rate cuts will be fewer next year than earlier forecast.
RTTNews | 22h 33min ago

Analysis

Dollar takes a breather ahead of PCE inflation data

Dollar takes a breather ahead of PCE inflation data

Dollar pulls back, but data corroborate Fed’s hawkish stance - Yen bleeding stops after Japan’s CPI data reveal acceleration - Pound weakens as three BoE policymakers voted for a rate cut - Wall Street set to open lower on risk of a US government shutdown
XM Group | 1 day ago
Daily Global Market Update

Daily Global Market Update

Pound weakened against the dollar, Bitcoin declined, and oil prices remained stable. The Australian dollar recovered, and the global financial landscape saw increased cryptocurrency hacking and mixed economic signals. Key economic events to watch include Japanese and European data releases.
Moneta Markets | 1 day ago
ATFX Market Outlook 19th December 2024

ATFX Market Outlook 19th December 2024

The U.S. central bank lowered interest rates on Wednesday, as expected. Federal Reserve Chair Jerome Powell indicated that further cuts would depend on progress in reducing high inflation. His remarks suggest policymakers are considering potential economic changes under the Trump administration.
ATFX | 1 day ago

Interest Rates

Turkey Central Bank of the Republic of Turkey 50.0% 50.0% 4 days
South Korea The Bank of Korea 3.0% 3.25% 25 days
China People's Bank of China 3.1% 3.1% 29 days
Japan Bank of Japan 0.25% 0.25% 33 days
Canada Bank of Canada 3.25% 3.75% 39 days
United States Federal Reserve 4.5% 4.75% 39 days
Brazil Banco Central do Brasil 12.25% 11.25% 39 days
South Africa South African Reserve Bank 7.75% 8.0% 40 days
Euro Area European Central Bank 3.15% 3.4% 40 days
Italy European Central Bank 3.15% 3.4% 40 days
Germany European Central Bank 3.15% 3.4% 40 days
France European Central Bank 3.15% 3.4% 40 days
United Kingdom Bank of England 4.75% 4.75% 46 days
Mexico Banco de México 10.0% 10.25% 47 days
India Reserve Bank of India 6.5% 6.5% 47 days
Russia Central Bank of Russia 21.0% 21.0% -
Australia Reserve Bank of Australia 4.35% 4.35% -
Argentina Central Bank of Argentina 40.0% 50.0% -
Saudi Arabia Saudi Central Bank 5.0% 5.25% -
Indonesia Bank Indonesia 6.0% 6.0% -

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