Follow the latest analyses and key economic, financial, and global market news in this section. Our team reviews the most important market events daily and provides comprehensive insights for traders and enthusiasts.
Week in review – Were the past few weeks just a farce? Markets rebounded as if nothing happened – Nvidia (NVDA) earnings came to save the trend as the narrative was switching to a general AI-Bubble scare. The earnings brought back confidence into the Market, and this feeling got exacerbated by a brand new dovish […]
The post The Week Ahead of the December FOMC – Markets Weekly Outlook appeared first on Action Forex.
Canadian Highlights GDP growth rebounded sharply in Q3, but the composition points to soft domestic demand. Revisions back to 2022 indicate that the economy was stronger than previously thought. Industry GDP posted a modest gain in September, but points to a contraction in October. Export-reliant sectors continue to lag. Tangible benefits from the two new […]
The post The Weekly Bottom Line appeared first on Action Forex.
Flurry of US data to test dovish Fed expectations as next meeting looms. ISM PMIs, ADP employment and PCE inflation may yet upset rate cut hopes. Eurozone CPI, Australian GDP, Canadian employment also on tap. December rate cut not a done deal yet After a string of hawkish remarks by numerous Fed speakers, the doves […]
The post Week Ahead – US Data to Stay in the Limelight as Fed Bets Gather Pace appeared first on Action Forex.
Canadian labour markets will be the focus with the scheduled release of Canadian international trade data delayed by the U.S. government shutdown, while the release of U.S. employment and trade data was also pushed further back into December. The November employment report on Friday will be the last major data release ahead of the Bank […]
The post Forward Guidance: Canada’s Job Growth to be Flat in November, Unemployment Rate Unchanged appeared first on Action Forex.
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