Markets
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EUR/NOK Muted After Weak German Retail Sales And Norwegian Unemployment Data
Germany’s actual retail sales for October came in at -0.3% m/m (forecast 0.2%, previous 0.2%).Norway’s unemployment rate for November was 2.1% (forecast 2%, previous 2.0%).Sweden’s retail sales for…
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Japanese Shares End Week Higher
The Nikkei 225 rose 0.18% to close at 50,254, while the broader Topix Index gained 0.29% to 3,378 on Friday,…
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Coal Slips on Demand Concerns
Coal prices fell below $110 per tonne, retreating from three month highs as concerns over the long-term demand outlook resurfaced.…
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US Dollar Index hovers around 99.50, downside appear amid dovish Fed stance
US Dollar Index may lose ground amid growing odds of a Fed rate cut in December. CME FedWatch Tool suggests…
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Macro Focus – A Fiscal Turning Point in The U.K.?
UK markets had been eagerly anticipating it: yesterday, Chancellor of the Exchequer Rachel Reeves presented her budget for the coming…
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Precious Metals – Double Peak or Consolidation Before Growth?
The market has largely cooled down after the recent surge in precious metals. The latest increase in precious metal valuations…
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Earnings – Toyota
China may produce the most cars, and the USA buys the most of them, yet Toyota is the world leader…
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When are the German Retail Sales and how could they affect EUR/USD?
The German Retail Sales Overview The Federal Statistics Office of Germany, Destatis, will publish the Retail Sales report on Friday…
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Gold clings to gains near two-week top; remains below $4,200 amid positive risk tone
Gold catches fresh bids on Friday amid rising bets for another Fed rate cut in December. The XAU/USD bulls seem…
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South Korean Shares Slide on Chip Weakness
The benchmark KOSPI fell 1.1% to around 3,940 on Friday, reversing gains from previous sessions as a sharp downturn in…
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