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Germany Consumer Price Index (YoY) in line with forecasts (2.3%) in November
Germany Consumer Price Index (YoY) in line with forecasts (2.3%) in November
United Kingdom Goods Trade Balance below forecasts (£-19.3B) in October: Actual (£-22.542B)
United Kingdom Goods Trade Balance below forecasts (£-19.3B) in October: Actual (£-22.542B)
Germany Consumer Price Index (MoM) meets forecasts (-0.2%) in November
Germany Consumer Price Index (MoM) meets forecasts (-0.2%) in November
United Kingdom Trade Balance; non-EU dipped from previous £-6.816B to £-10.26B in October
United Kingdom Trade Balance; non-EU dipped from previous £-6.816B to £-10.26B in October
United Kingdom Goods Trade Balance below expectations (£-19.3B) in October: Actual (£-22.54B)
United Kingdom Goods Trade Balance below expectations (£-19.3B) in October: Actual (£-22.54B)
Germany Harmonized Index of Consumer Prices (MoM) in line with forecasts (-0.5%) in November
Germany Harmonized Index of Consumer Prices (MoM) in line with forecasts (-0.5%) in November
Germany Harmonized Index of Consumer Prices (YoY) meets forecasts (2.6%) in November
Germany Harmonized Index of Consumer Prices (YoY) meets forecasts (2.6%) in November
United Kingdom Manufacturing Production (YoY) below expectations (-0.1%) in October: Actual (-0.8%)
United Kingdom Manufacturing Production (YoY) below expectations (-0.1%) in October: Actual (-0.8%)
South Korea Import Price Growth (YoY) climbed from previous 0.5% to 2.2% in November
South Korea Import Price Growth (YoY) climbed from previous 0.5% to 2.2% in November
South Korea Export Price Growth (YoY) up to 7% in November from previous 4.8%
South Korea Export Price Growth (YoY) up to 7% in November from previous 4.8%
Dow Jones Industrial Average climbs 680 points as rate cuts boost cyclicals, tech falters
The Dow Jones Industrial Average (DJIA) surged to a fresh record on Thursday as investors rotated out of pressured tech names and into stocks tied more closely to economic growth following the Federal Reserve’s (Fed) latest interest rate cut.
Argentina Consumer Price Index (MoM) rose from previous 2.3% to 2.5% in November
Argentina Consumer Price Index (MoM) rose from previous 2.3% to 2.5% in November
FX Today: Markets ignore Fed, keep selling the Greenback
The US Dollar (USD) attempted a recovery throughout the first half of Thursday, but resumed its decline following the release of worse-than-anticipated employment data. Initial Jobless Claims for the week ended December 6 unexpectedly rose to 236K, well above the previous 192K.
Gold soars above $4,270 as Fed cut ignites Bullion breakout
Gold (XAU/USD) skyrockets on Thursday after the Federal Reserve (Fed) cut rates as expected on Wednesday, and even though it hinted at a pause in the easing cycle, it was not an excuse for the rally in precious metals.
AUD/USD Price Forecast:Overbought signals emerge as pair tests yearly peak
The Australian Dollar (AUD) rebounds sharply against the US Dollar (USD) on Thursday, shrugging off earlier weakness triggered by softer-than-expected Australian employment data as selling pressure on the Greenback intensifies following weaker US Initial Jobless Claims.
United States 30-Year Bond Auction increased to 4.773% from previous 4.694%
United States 30-Year Bond Auction increased to 4.773% from previous 4.694%
NZD/USD rises for fifth consecutive day on USD weakness, RBNZ support
NZD/USD trades around 0.5820 on Thursday at the time of writing, up 0.10% on the day, consolidating above the key 0.5800 level reached the previous day, its highest point in more than two months.
The two levels of resistance coming up for Okta
Okta put in a strong performance today, closing more than 2% higher than Monday’s finish, and that move caught my attention immediately. From a technical analysis standpoint, the stock is pushing through a downsloping trendline that has been containing price for a while.
DBX cloud crash: Dropbox stock sinks below critical trendline—Can $26.13 hold the line?
Dropbox, Inc. ($DBX), the San Francisco-based tech giant known for its cloud collaboration and file management platform, suffered a notable loss on Wednesday, plunging 7.55% in a single session. This steep drop now places DBX down nearly 15% from its high on November 7th.
EUR/USD hits nine-week highs as soft US jobs data pressures US Dollar
The Euro (EUR) extends its advance against the US Dollar (USD) on Thursday as the Greenback slides to multi-week lows following the latest US Initial Jobless Claims release. At the time of writing, EUR/USD is trading around 1.1748, its highest level since October 3.
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