The value of core machinery orders in Japan was up a seasonally adjusted 3.4 percent on month in November, the Cabinet Office said on Monday – coming in at 899.6 billion yen. That exceeded expectations for a decline of 0.7 percent following the 2.1 percent increase in October. On a yearly basis, orders jumped 10.3
Investing.com– The U.S. dollar’s recent strength may falter as key indicators suggest it is overbought, BCA Research analysts said in a note. Analysts recommend caution on the greenback and point to the Australian dollar as a promising alternative, driven by optimism in Australia’s economy and favorable dynamics in global commodity markets. The U.S. dollar, a
Repeating what I posted last week as a heads up to this. Monday January 20 is the Martin Luther King Day holiday in the US: The two major stock markets – the New York Stock Exchange and the Nasdaq – will be closed on Monday, 20 January 2025 Bond markets are closed. The Securities Industry
UPCOMING EVENTS: Monday: PBoC LPR,US Presidential Inauguration Day, BoC Business Outlook Survey, New Zealand Services PMI. Tuesday: UK Employment report, German ZEW, Canada CPI, New Zealand Q4 CPI. Thursday: Canada Retail Sales, US Jobless Claims. Friday: Japan CPI, BoJ Policy Decision, Australia/Japan/Eurozone/UK/US Flash PMIs. Monday The PBoC is expected to keep the LPR rates unchanged
Global markets are buzzing in anticipation of Donald Trump’s inauguration on January 20, yet the latest developments suggest investors may already be looking past the immediate impact. Despite speculation surrounding Trump’s policies—particularly tariffs—various benchmarks and asset classes are charting their own directions based on localized drivers and monetary policy expectations. In the US, the strong
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
Here is my base case. Greenland: This is a real pet project of Trump’s. He’s a real estate guy, it’s the biggest island in the world and there are only 56,000 people there. Denmark is weak, there is already a US base on the island and there are probably a lot of natural resources waiting
Gold slightly down in late trading, still up 0.40% for the week amid geopolitical tensions. Mixed US economic data; higher Housing Starts, lower Building Permits minimally impact Bullion. Fed Governor Waller’s dovish comments suggest potential for early rate cuts. Gold’s price dropped late in the North American session, but it is set to finish the
