Bank of Canada opts for a ‘dovish’ 50bp hike
The market had been split as to whether the Bank of Canada would hike interest rates by 25bp or 50bp. Strong growth, a t...
China trade slump in November
Both exports and imports continued to contract on a yearly basis, which is the result of supply disruption in China as w...
Bank of Canada preview: Odds favour 50bp, but the peak looks near
Elevated inflation, robust economic activity and a super-tight jobs market argue for another 50bp rate hike. However, re...
German industrial production weakens further in October
Industrial production adds to evidence that the gradual slide into recession continued at the start of the final quarter...
Oil prices rise after OPEC+ keeps output steady, Russian price cap imposed
Oil prices rose on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a G7 pr...
Gold clings near $1,800 on soft dollar as China relaxes Covid curbs
Gold pulled back slightly from a five-month high on Monday as the dollar pared some losses but the metal still held near...
Dollar soft as China reopening hopes boost risk sentiment
The dollar struggled to gain a foothold on Monday and was languishing at five-month lows as traders looked past stronger...
Investors now expect Fed to raise rates to 5% next year
US stocks fell on Friday, after the latest data showed that Americans got more jobs in November, and more importantly th...
Australian Dollar Calm ahead of RBA
The Australian dollar has posted slight gains at the start of the trading week. AUD/USD is trading at 0.6801, up 0.10%.<...
India: GDP growth stays strong in 3Q22
3Q22 GDP rose at a 6.3%YoY pace, slightly exceeding market expectations and keeping growth for the full year on track to...
Australia sees unexpected drop in October inflation
Monthly inflation data not only provides a more timely look at Australia's inflation than the old quarterly series, it h...
Eurozone inflation comes down in November, paving way for 50bp ECB hike
Inflation dropped more than expected from 10.6 to 10% in November, mainly on energy price developments. Core inflation r...
Inflation reality check
USD: Holding pattern
Despite geopolitical challenges to the East, it has been a quiet start to the week for FX ma...