Economic News Category

Canadian Inflation Higher than Expected Canadian CPI for September was 6.9% YoY vs and expectation of 6.8% YoY and an August reading of 7%. The headline number was higher than expectations, it was the third straight month the inflation reading has declined since reaching a 39 year high in June. However, the core CPI increased

The Contrarian Case for a EUR/USD Rally if Rates Can Break Above It’s not particularly hard to make a bearish case for the European economy, especially relative to the US. Between a war in it’s backyard, energy shortages, and an imminent economic recession, it would be hard for the outlook for the Eurozone to look

NZ CPI Review: OCR Now Expected to Peak at 5% It is expected that the official Cash Rate to reach a peak of 5% for this cycle and also a 75 basis point hike to 4.25% at the upcoming November Monetary Policy Statement, a step up from the 50 basis point increases in the last

EUR/USD displays a rangebound structure around 0.9700 ahead of US Inflation EUR/USD moved sideways along the 0.9700 horizon as markets waited for the release of US inflation data last week. October 14th the Department of Labor Statistics of the country published fresh values of the Consumer Price Index, which exceeded the forecast values. In monthly

Upcoming Market Updates: NZD, GBP, JPY, USD, CAD, EUR NZD: Business NZ Manufacturing Index, it measures Level of a diffusion index based on surveyed purchasing managers in the services industry. GBP: Rightmove HPI m/m, it measures Change in the asking price of homes for sale. JPY: Revised Industrial Production m/m, it measures Change in the