Italian GDP Prelim QoQ: 0.5% (Forecast 0%, Previous 1.1%)
YoY Flash: 10.7% (forecast 10.3%, previous 9.9%) Full Report Reuters Note – Consumer price growth in the common euro19 country accelerated to 10.7% in October from 9.9% last month, beating…
How did the stocks who released earnings do this week?
The week ends for US stocks in what was a „big week” in terms of earnings. It can be said that the week was not as bad as the market…
WTI crude oil settles at $87.90
WTI crude futures are trading at $87.90. It is down $-1.18 or -1.52%. The highest price was $88.7 . The low price rose to $87.10. Looking at the hourly chart,…
GBP/USD eyes 1.10 again on stronger dollar, UK outlook still short of confidence
We are seeing another round in the dollar as Treasury yields continue to rise throughout the day. The 10-year yield rose nearly 10 basis points to .32%, keeping the green…
Canada August retail sales +0.7% vs +0.2% expected
August initial release was 0. D Previous was -2.5% (revised -2.2%) September initial estimate -0.5 P August ex cars 0.7% vs 0. % expected – best 5 months Previous ex…
Yellen: No decisions made yet on the dollar-level of the oil price cap
Here are two headlines that make no sense to me: We are not asking other governments outside the price cap alliance to do anything Potential buyers of Russian oil must…
MUFG trade of the week: Stay short AUD/USD
Last week we brought you a business idea from MUFG that aimed to sell Australian dollars. They recommend selling the pair at 0.6 00, with a target price of 0.6050…
Boeing’s 737 MAX 10 won’t arrive until 2023
Boeing Co (NYSE: BA ) does not expect approval for the 737 Max 10 until next summer, according to a report that cited a letter from the Federal Aviation Administration…
The US stock market indices open lower after the better-than-expected US jobs data
Better US employment data keeps the Federal Reserve on track for a 75 basis point hike in early November and a 50 basis point hike in December. That would raise…
WTI crude oil breaks $90 on a tough tape
Oil has been trading higher against the US dollar for the past month, but that is not the case today. The dollar is strong and oil is even stronger, rising…