U.S. employment growth eased for the third straight month in September and the jobless rate rose, but the slowdown was not expected to prevent the Federal Reserve from raising interest rates later this year.
The Labor Departmen Read More
U.S. housing starts unexpectedly rose in July as building activity increased across the board, supporting the view that investment in residential construction will rebound after slumping in the second quarter.
Groundbreaking in Read More
Growth in the eurozone halved in the April-to-June period to 0.3 percent, dropping from a far more robust expansion of 0.6 percent in the previous quarter, data released by the Eurostat statistics agency showed on Friday.
In the Brexit vote returned by the UK referendum, Europe was seeing the results of its own response to the financial crisis, government sources said on Friday.
"Europe is now up against the way i Read More
EUR/USD has posted considerable losses on Tuesday, erasing the gains which marked the Monday session. The pair is trading slightly above the 1.12 level. On the release front, Eurozone Employment Change Industrial Production. Both indi Read More
Fed's Evans: Reasonable case can be made for deferring rate hikes until core inflation reaches the Fed's 2% goal.
Fed's Evans: Sees two rate hikes by the end of 2016. - US Dollar May Rise as Jobs Report Boosts Read More
The trifecta of the closely watched Chinese economic metrics surprised on the downside over the weekend. This negative data should dictate this week’s risk environment, for the early part at least. However, in early trade markets hav Read More
The swaps market is pricing in a 70% probability of a 25bp RBNZ cut at the next meeting (on 6/8) and only 18% chance for the RBA on 6/7
RBNZ Governor Wheeler says he is increasingly concerned about the Auckland Read More
December Fed funds future implies firming year‐end rate hike outlook even as US economic data has underperformed over the past week. Interesting.
Best/worst performers in Commodities today: NGAS: 0.1%, UKOil: Read More
The DAX 30 Trades Sideways Ahead of the IFO Business Survey.
Best/worst performers in Commodities today: NGAS: 1.6%, XAGUSD: 0.4%, UKOil: -0.9%, USOil: -1.0%.
Best/worst performers in majors vs Read More