ECB Survey: Consumers see inflation at 5.4% over the next 12 months
The European Central Bank (ECB) conducted a survey of consumer expectations for inflation, with the key findings
USD/CAD drops from around 1.3700 to 1.3605 after the BoC 50 bps rate hike
The Loonie appreciates against the US Dollar following the Bank of Canada 50 bps rate
GBP/USD to spend much of next year below 1.20 – Rabobank
Measured since the middle of November the Pound is the second best performing G10 currency
Policy change from the Fed in Q1 2023 to set the stage for a more prolonged USD decline – NBF
The trade-weighted US Dollar index has suffered its worst monthly depreciation since 2009. Economists at
Gold Price Forecast: XAU/USD potential for further gains to gradually diminish – Commerzbank
Gold showed an extremely positive performance in the month of November. However, economists at Commerzbank
Bank of Canada sounds more cautious about its willingness to higher interest rates – CIBC
On Wednesday, the Bank of Canada (BoC) raised its key interest rate by 50 bases
China’s November Trade Balance: Surplus shrinks as exports and imports disappoint
China’s Trade Balance for November, in Chinese Yuan terms, came in at CNY494.3 billion versus
German Industrial Production drops 0.1% MoM in October vs. -0.5% expected
Industrial Production in Germany declined in October, the official data showed on Wednesday, suggesting that
EUR/GBP consolidates near weekly high, sits comfortably above 0.8600 mark
EUR/GBP holds steady near the weekly high, though lacks follow-through buying. The better-than-expected German data
US: Unit Labor Costs rise 2.4% in Q3 vs. 3.2% expected
Unit Labor Costs in the US rose less than expected in the third quarter. US