Colombia Consumer Price Index (MoM) came in at 1.14%, above forecasts (1%) in February
Colombia Consumer Price Index (MoM) came in at 1.14%, above forecasts (1%) in February Source link
Uncategorized
Forexlive Americas FX news wrap: Solid US jobs headline, Powell says no hurry on rates
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
N. Macedonia Inflation Accelerates Further, Industrial Production Rises
Consumer price inflation in North Macedonia increased again in February, while the industrial production grew in January, separate reports from the statistical office showed on Friday. The consumer price index rose 5.0 percent year-on-year following a 4.9 percent increase in January. Compared to the previous month, the CPI rose 0.5 percent. Another report from the
Weekly Market Outlook: Trigger Uncertainty, Nasdaq in Correction & US CPI Data Ahead
Markets experienced turmoil this week, driven by investor concerns over the Trump administration’s tariff policies. The US dollar is on track for its worst week in over a year, Nasdaq entered a correction. The Bank of Canada may cut rates due to tariff impacts and economic concerns. US CPI is also due in the week
Argentina Industrial Output n.s.a (YoY): 7.1% (January) vs previous 8.4%
Argentina Industrial Output n.s.a (YoY): 7.1% (January) vs previous 8.4% Source link
Rate decisions will look at jobs, economic activity
Federal Reserve Governor Michelle Bowman, regarded as one of the bank’s most hawkish policymakers, indicated that she might place greater emphasis on labour market indicators when considering future policy decisions. Key Quotes Labor market, economic activity will become a larger factor in US central bank policy discussions going forward. Shocks, structural changes since Covid-19 pandemic
Muted Market Response to NFP, Euro Holds Strong While Loonie Struggles
The much-anticipated U.S. non-farm payrolls report came and went without much impact to the markets. With job growth largely in line with forecasts, the data signaled a stable labor market and the balanced outcome offers little guidance to Fed policymakers, who will continue weighing inflation trends, fiscal uncertainties, and global trade risks before committing to
Yen extends gains, markets eye US nonfarm payrolls
Japanese yen extends rally for a third consecutive day BoJ’s Uchida says rate hikes still on the table despite tariff concerns US nonfarm payrolls expected to edge slightly The Japanese yen has extended its gains on Friday. In the European session, USD/JPY is trading at 147.79, down 0.13% on the day. It was a light
XAU/USD: Elliott wave analysis and forecast for 07.03.25 – 14.03.25
2025.03.07 2025.03.07 XAU/USD: Elliott Wave Analysis and Forecast for 07.03.25 – 14.03.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction ends, consider long positions above the level of 2583.80 with a target of 3100.00 – 3300.00. A buy signal: the price holds above 2583.80. Stop Loss: below 2550.00,
April tariffs will be a choice for countries if they want frictionless trade – Bessent
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
USD/JPY Outlook: Traders Flock to Yen Amid Rising Trade Worries
The USD/JPY outlook indicates increased demand for the safe-haven yen. Market participants dumped risky assets in the panic that followed Trump’s new tariffs. The US will release its crucial nonfarm payroll report. The USD/JPY outlook indicates increased demand for the safe-haven yen amid escalating fears of the impact of Trump’s tariffs on the global economy.
French Trade Gap Widens In January
France’s trade deficit increased sharply in January as exports fell amid an increase in imports, data from the customs office showed on Friday. The trade gap rose to EUR 6.54 billion from EUR 3.48 billion in December. In the same period last year, the trade deficit totaled EUR 6.87 billion. Exports declined 4.6 percent on
US Dollar Index breaks below 104.00 as Treasury yields fall ahead of Nonfarm Payrolls
The US Dollar Index depreciates as market expectations grow for more aggressive Fed rate cuts amid US growth concerns. President Trump exempted Mexican and Canadian goods under the USMCA from his proposed 25% tariffs. The US Nonfarm Payrolls is projected to show job growth, with employment rising to 160K in February. The US Dollar Index
Risk Aversion Creeps Back as Markets Unconvinced by Trump’s Temporary Tariff Exemptions
Risk sentiment in the forex markets appears to be tilting towards risk aversion in Asian trading, marking a shift from the broad Dollar selloff earlier in the week. Overnight, US President Donald Trump granted temporary tariff exemptions for Canadian and Mexican goods under the USMCA, delaying a full-scale implementation until April 2. While this provided
Japan is preparing to officially declare an end to long-term deflation
Japan is preparing to officially declare an end to long-term deflation, according to Economy Minister Ryosei Akazawa. This marks a significant shift in the government’s economic outlook and could influence the timing of the Bank of Japan’s next interest rate hike. While inflation has stayed above the BOJ’s 2% target for nearly three years, the
NFP Preview: February 2025 Jobs Report and US Dollar Impact
The US Bureau of Labor Statistics will release the non-farm payroll (NFP) and jobs data for February 2025 on Friday, March 7th, 2025. Economists are predicting 170,000 jobs added and the unemployment rate holding steady at 4.0%. Key factors influencing February’s jobs report include potential federal job cuts, changes in trade policies, a strong services