金辉岁月

USDCAD easily regained a 1.35 handle yesterday. Economists at Scotiabank do not expect the Loonie to strengthen against the US Dollar. Weak risk appetite “The USD’s rebound through 1.35 undoes a lot of the good work the CAD had done earlier in the week to strengthen versus the USD and shows just how

Currencies & metals drift ahead of the CPI print. Don't Forget to say, "Thank You" to a veteran... Good Day… And a Tub Thumpin’ Thursday to one and all! Well, no baseball, no hockey, and some MAC college football game on, led me to my writing desk to read emails that I hadn’t gotten to yesterday

Outlook: The CPI data today is a massive Risk Event. If you think CPI and core will both slide downward even a little, it’s dollar-negative and the euro in particular can rally to as high at 1.0517 (the 50% retracement of the downmove from Feb 9, a somewhat arbitrary choice of starting points). The

UK permanent job placements declined for the first time in 20 months in October as heightened uncertainty over the economic outlook weighed on hiring, the latest KPMG and REC, Report on Jobs survey, compiled by S&P Global showed Thursday. The survey showed that recruitment activity waned in Octo

Austria's production index logged a slower growth in September largely due to the slowdown in construction output, Statistics Austria reported Thursday. The production index for industries and construction grew 6.9 percent from the last year, following a 9.4 percent rise in August. Industrial output

Denmark's consumer price inflation accelerated to the highest level in forty years in October, largely driven by goods prices, data from Statistics Denmark showed on Thursday. Consumer price inflation rose marginally to 10.1 percent in October from 10.0 percent in September. A similar higher rate wa

China's bank lending declined sharply in October as demand slowed amid property market downturn and weaker economic activity, data published by the People's Bank of China showed on Thursday. Banks extended CNY 615.2 billion in new yuan loans in October compared to CNY 2.47 trillion in September. Len