Author Archives: gtiqy

Atlanta Fed GDPNow growth estimate for Q4 2024 2.4% versus 2.6% on January 2. In their own words: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2024 is 2.4 percent on January 3, down from 2.6 percent on January 2. After this morning’s Manufacturing ISM Report […]

PMI manufacturing index register the price level since March 2024. Manufacturing PMI: December: 49.3, November: 48.4 (+0.9) – HIGHER New Orders: December: 52.5, November: 50.4 (+2.1) – HIGHER Production: December: 50.3, November: 46.8 (+3.5) – HIGHER Employment: December: 45.3, November: 48.1 (-2.8) – LOWER Supplier Deliveries: December: 50.1, November: 48.7 (+1.4) – HIGHER Inventories: December: […]

US manufacturing sentiment has been poor but plenty of comments in reports have highlighted the election as a potential catalyst. The November ISM manufacturing report saw some improvement but it’s still below 50 and expected to stay that way in the December data with the consensus at 48.4. Even if there is some improvement, there […]

NASDAQ Futures Trading Map: Key Price Levels for Today This analysis provides a detailed trading map for NASDAQ futures on the March contract, highlighting critical levels to monitor. These key price levels can guide traders in evaluating price action and identifying attractive reward-to-risk opportunities. No specific trade predictions or calls are provided—this is a guide […]

Canadian Dollar Futures (6C Mar 2025): Day Trading Analysis and Key Levels [Jan 03, 2025] The Canadian Dollar Futures (6C March 2025) are currently trading at 0.69610, testing yesterday’s Value Area High (VAH) at 0.69605, which may act as a temporary support level. Below is an analysis of key levels for today and possible scenarios […]

Prior 6k Unemployment rate 6.1% vs 6.2% expected Prior 6.1% German unemployment rises by less than expected last month while the jobless rate remains steady at 6.1%. Amid the continued manufacturing recession, this will be one spot to be mindful about in the months ahead. This article was written by Justin Low at www.forexlive.com. Source […]

On Saturday at 1730 US Eastern time (2230 GMT), Federal Reserve Bank of San Francisco President Mary Daly and Federal Reserve Board Governor Adriana Kugler participate in “Monetary Policy” panel before the American Economic Association/ASSA annual meeting. Kugler is a Board Governor and therefore is a permanent voter at the Federal Open Market Committee (FOMC). […]

The National Development and Reform Commission of the People’s Republic of China (NDRC) is China’s State planner. more to come This article was written by Eamonn Sheridan at www.forexlive.com. Source link

Earlier from the Bank, signalling the likelihood of interest rate cut or cuts this year: *** People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC […]

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 […]