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The services index in China continued to expand in December, and at an accelerated pace, the latest survey from Caixin showed on Thursday with a PMI score of 53.4. more...
Business confidence in New Zealand picked up steam in December, the latest survey from NBNZ showed on Monday with an index score of 21.7. more...
Trading the News: U.S. Non-Farm Payrolls (NFP) A 180K rise in U.S. Non-Farm Payrolls (NFP) may fuel the bullish sentiment surrounding the greenback and trigger a pullback in EUR/USD should the report put increased pressure on the Federal Reserve to further normalize monetary policy. What’s Expected: Why Is This Event Important: With the Federal Open Market Committee (FOMC) widely anticipated ...
Trading the News: U.S. Durable Goods Orders A 1.7% rebound in U.S. Durable Goods Orders may heighten the appeal of the greenback and spark a near-term decline in EUR/USD as it puts increased pressure on the Federal Open Market Committee (FOMC) to raise the benchmark interest rate at the last 2016-meeting on December 14. What’s Expected: Why Is This Event Important: Fed Funds Futures are pricing ...
Trading the News: Canada Retail Sales A 0.6% rebound in Canada Retail Sales may spark a bullish reaction in the loonie and lead to a near-term pullback in USD/CAD should the data print highlight an improved outlook for growth and inflation. What’s Expected: Why Is This Event Important: Even though the Bank of Canada (BoC) keeps the door open to further embark on its easing-cycle, a marked pickup ...
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