Analyse

US Existing Home Sales May Experience Further Declines

US existing home sales declined to 3.96 million, hindered by limited inventory and housing affordability. Core durable goods orders held at 0.5%, indicating manufacturing sector stability amid rising rates and high inflation. Germany's GDP dipped to -0.1%, raising recession concerns.

PU Prime | vor 342 Tagen

Dollar gains on upbeat retail sales

The Dollar index plummeted over 1.5% in the wake of the U.S. CPI release indicating a softening of inflationary pressures. Market reassesses the likelihood of further interest rate hikes in the U.S.

PU Prime | vor 342 Tagen

BREAKING - US CORE RETAIL SALES COME LOWER, AND THIS WILL CONTINUE TO DRAG THE USD LOWER

Greetings, traders! As we near the end of another dynamic week, let's dive into the intriguing happenings within the US economy. It's been an eventful ride, notably marked by the recent US CPI (Consumer Price Index) announcement. If you haven't caught up on this development, take a moment to check out our channel for comprehensive insights.

ACY Securities | vor 342 Tagen

China an Uneven and Uncertain Recovery to Trigger More Policy Support

China's October domestic activity growth data exhibited a mixed picture, featuring notable increases in industrial production (IP) and retail sales growth, surpassing market expectations. However, year-to-date (YTD) fixed asset investment (FAI) growth unexpectedly decelerated.

ACY Securities | vor 342 Tagen

Weak CPI Prompts Larger Than Expected Drop on USD

The deviation from consensus in the US CPI data for October was minimal, with a mere 0.1ppt difference for both the headline and the core. However, it triggered the most significant sell-off of the US dollar since, coincidentally, the October CPI report in November 2022.

ACY Securities | vor 342 Tagen

Dollar tumbles on cooler-than-expected US inflation

Slowing US inflation confirms view that Fed is done with hikes - Aussie and kiwi gain the most on bolstering risk sentiment - Pound pulls slightly back on lower-than-expected UK inflation - Wall Street rallies as investors cheer US inflation data

XM Group | vor 342 Tagen

Daily Global Market Update

Euro slightly down (-0.2%), Dollar up vs. Yen (+0.55%), Gold dipped (-0.1%). NIO stock surged (+3.6%). Dollar gains on strong US retail sales, global stocks rise on lower US inflation. EU growth forecast downgraded. Key economic events today.

Moneta Markets | vor 342 Tagen

Gold ends retreat and heads higher

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Gold ends retreat and heads higher

FxPro | vor 343 Tagen

Stay Ahead of the Game in Forex: Reading Market Cues Before Significant Economic Events

It's Nathan Bray here from ACY Securities, and I'm here to discuss the recent shockwave in the US dollar that left everyone astonished, particularly during the CPI release. The drop was unprecedented, and it's crucial for traders to align themselves with the higher tops and bottoms in currency pairs or gold, adhering to the daily trends.