I’m carpooling with a friend for a conference. His expenses are covered. …
None Source link
UPCOMING EVENTS: Monday: China Industrial Production and Retail Sales, US Retail Sales, US NAHB Housing Market Index. Tuesday: German ZEW, Canada CPI, US Housing Starts and Building Permits, US Import Prices, US Industrial Production and Capacity Utilization. Wednesday: BoJ Policy Announcement, FOMC Policy Announcement. Thursday: Australia Employment report, PBoC LPR, UK Employment report, BoE Policy
The past week in the currency markets was marked more by consolidation than decisive moves, even as risk aversion deepened in US stock markets. Dollar’s selloff slowed and turned into a modest recovery, but there was no clear momentum for bullish trend reversal. Sentiment remained fragile, weighed down by constantly escalating trade tensions and the
I spoke with BNNBloomberg on Thursday about the risks around the White House’s April 2nd planned announcement on global reciprocal tariffs, something I wrote about here. I also dove deeper into the Bank of Canada decision: People are overlooking the survey data they released. It was highly unusual to publish a survey along with the
Mon: Chinese Activity Data (Feb), US Retail Sales (Feb) Tue: EZ Trade Balance (Jan), German ZEW Survey (Mar), Canadian CPI (Feb), Japanese Trade Balance (Feb), NVIDIA (NVDA) CEO to speak at GTC Wed: FOMC Announcement, BoJ Announcement, EZ Final CPI (Feb), New Zealand GDP (Q4) Thu: BoE Announcement, SNB Announcement, Riksbank Announcement, PBoC LPR Setting,
The USD/JPY weekly forecast indicates rising economic uncertainty in Japan. Trump imposed a tariff on steel and aluminum imports. Tariff fears overshadowed a downbeat US inflation report. The USD/JPY weekly forecast turns positive as fears of the impact of Trump’s tariffs on Japan’s economy rise. Ups and downs of USD/JPY The USD/JPY price had a
Argentina’s National Consumer Price Index (CPI) has shown an upward trend once again, with the latest data for February 2025 revealing a hike to 2.40%, up from 2.20% in January, as updated on March 14, 2025. This month-over-month comparison signals that inflationary pressures remain a significant concern for the South American nation. The 0.20% increase
Markets: Gold hits $3000 for the first time ever. Backs off. The price is down -6 dollars or -0.20% at $2982.67. The high price today reached $3004.94. Gold is up 2.51% for the week. For the year, will prices are up 13.65%. Silver is trading down $-0.19 or -0.58% at $3.66. For the week, the
Asia Pacific Markets The main focus this week in the Asia Pacific region will be central bank decisions from Japan, China and Taiwan. The Bank of Japan is not expected to take action at Wednesday’s meeting, though Governor Ueda might hint at future plans without specifying timing or scale. With inflation likely to exceed the
Public safety and the policies implemented by the United States are a source of concern for businesses. Central bank warns slowdown could deepen; urges investment boost amid weakening demand and trade tensions Banco de Mexico (Banxico) Director of Economic Research Alejandrina Salcedo Cisneros said that uncertainty is having a widespread impact on the country’s businesses,
Mexican Peso advances as USD/MXN plunges below 19.90, down over 1%. The Peso shrugs off Mexico’s weak industrial output and declining consumer confidence fueling recession concerns. US consumer sentiment plunges amid rising inflation expectations, driven by upcoming Trump administration tariffs. The Mexican Peso (MXN) rallied against the US Dollar (USD) on Friday, ignoring softer-than-expected economic
The new Canadian Prime Minister Mark Carney was sworn in today replacing Justin Trudeau. Carney is saying that: This is a time of great consequence for our country The government is to improve affordability and make Canada more secure He plans to go to France and UK Hopes to have a call with Trump,but does