Tag: data

Weekend data – China September Services PMI dropped into contraction, first time since May

Caixin Services Purchasing Managers' Index (PMI) for September 2022 came in at 49.3China's economy is struggling under the weight of ongoing COVID outbreaks and the imposition of restrictions on activity. As well as...

US Inflation Data to Set the Tone for USD/CAD

USD/CAD OUTLOOK: NEUTRAL TO BEARISHUSD/CAD falls modestly on the week, with the Canadian dollar receiving some support from the strong rally in oil pricesThe Loonie could mount a decent recovery if market sentiment...

It’s Time to Talk Jobs and Employment Data

As the Fed attempts to walk a tightrope between fighting inflation and pursuing full employment, an abundance of new jobs and employment data released this week may shed some light on possible outcomes....

Bitcoin, Other Risk Assets Fall Again Following Disappointing Jobs Data

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of...

Distressed GBP on the Backfoot Ahead of Next Week’s Key Data

POUND STERLING ANALYSIS TALKING POINTSU.S. NFP print keeps pound depressed.UK labor data and U.S. inflation direct the economic calendar next week.Long upper wick adds to GBP woes – weekly chart. Trade Smarter - Sign...

The US stock market indices open lower after the better-than-expected US jobs data

The better US jobs data, keeps the Fed on track toward a 75 basis point hike in early November and another 50 basis points in December. That would bring the Fed target rate...

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