The New York Stock Exchange and Nasdaq will close on January 9 to observe the national day of morning for former US President Jimmy Carter, who died yesterday. This follows the normal tradition of stock markets closing for the funerals of former Presidents. It came as something of a surprise that the bond market will […]
Category Archives: Forex News
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A dark day is looming. Some time in the coming week, US President Joe Biden will reject a $14.9 billion takeover of US Steel by Nippon Steel on unconscionably shaky grounds. It will mark the end of the era of American free-market capitalism that has brought so much prosperity to the United States and the […]
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Dec
One of the global secular trends unfolding right now is an anti-immigration streak in politics. It’s winning elections and that looks set to continue in Germany and Canada in 2025, among elsewhere. For the US, Goldman Sachs notes that net US immigration has already fallen from 3 million in 2023 to a 1.75 million pace […]
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Prior was -2.7 Production +3.9 vs -0.9 prior New orders -0.9 vs -11.9 prior Capex +11.2 vs +7.8 prior Employment +0.3 vs +4.9 prior Outlook +8.0 vs +5.8 prior This article was written by Adam Button at www.forexlive.com. Source link
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The polar vortex is pushing south and east in what could be a record-breaking cold snap in parts of the United States. Several models are converging around cold weather in the eastern half of the US in the second week of January. The peak of the cold looks to be around January 12 but some […]
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FOMC 2025: The Key Players and Hidden Signals Every Investor Needs to Know As the Federal Reserve prepares for a critical year of decision-making, the 2025 Federal Open Market Committee (FOMC) lineup has the potential to shape markets in significant ways. A mix of fresh perspectives and steady voices raises both questions and opportunities for […]
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Well, you definitely won’t hear central bankers admitting or acknowledging it. However, you’ll most certainly hear plenty of whispers or even loud conversations in the background on this. The UK looks to be leading the stagflation charge but there are other major economies also staring down the same path. Germany and Australia are among the […]
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Domestic sight deposits CHF 436.4 bn vs CHF 448.0 bn prior This article was written by Justin Low at www.forexlive.com. Source link
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Prior +2.4% HICP +2.8% vs +2.6% y/y expected Prior +2.4% This article was written by Justin Low at www.forexlive.com. Source link
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Adam had the news earlier: Former US President Jimmy Carter dies US President Biden has announced that Thursday 9 January 2025 will be the US National Day of Mourning for Carter: non-essential Federal workers are given the day off and stock and bond markets are closed Link to the full proclamation is above. This article […]