This is actually a really nice picture Trump has been blasting away on Truth Social. First off, Trudeau flew down to Mar-a-Lago to meet with him and they’re […]
China official manufacturing PMI improves while the services PMI slips
China released its official PMIs for November and the numbers are a mixed bag as Beijing contemplates further stimulus for 2025: Manufacturing 50.3 vs 50.1 prior (50.2 was […]
Germany November unemployment change 7k vs 20k expected
Prior 27k Unemployment rate 6.1% vs 6.1% expected Prior 6.1% German unemployment rose by less than expected on the month, with the jobless rate keeping steadier. The latter […]
ECB consumer expectations survey shows inflation edging up slightly in the year ahead
Inflation expectations for the next 12 months is seen at 2.5% and that is up from the 2.4% reading in September. That said, it is still keeping well […]
UK October mortgage approvals 68.30k vs 64.50k expected
Prior 65.65k; revised to 66.12k Net consumer credit £1.1 billion Prior £1.2 billion Slight delay in the release by the source. That’s a notable jump in mortgage approvals, […]
Russell 2000 Technical Analysis – New all-time highs incoming?
Fundamental Overview The Russell 2000 has been outperforming the other major indices recently as there’s much more value compared to the S&P 500 or the Nasdaq. The market […]
Eurozone November preliminary CPI +2.3% vs +2.3% y/y expected
Prior +2.0% Core CPI +2.7% vs +2.8% y/y expected Prior +2.7% The headline estimate may have nudged higher in November, largely due to base effects, but the core […]
BOE governor Bailey: We are very supportive of growth
There is no trade off between financial stability and growth Stress testing will help with competitiveness of financial sector Not seeing signs of higher corporate distress in relation […]
Forexlive Americas FX news wrap: Bonds stay bid into month-end
Markets: JPY leads, USD lags US 10-year yields down 6 bps to 4.18% S&P 500 up 0.6% Gold up $13 to 2653 WTI crude oil down $0.57 to […]
US equity close: Big finish to a great month
Russell 2000 monthly I love it when the month ends on a Friday, it’s so tidy. And there was plenty of love to go around in markets in […]