USD/CAD remains depressed below 1.2500 mark, moves little post-US macro data
A combination of factors dragged USD/CAD lower for the second successive day. Rising oil prices
UK Retail Sales unexpectedly fall by 0.3% MoM in February vs. 0.6% expected
The UK Retail Sales came in at -0.3% MoM in February, a negative surprise. Core
German IFO Business Climate Index plunges to 90.8 in March, a big miss.
German IFO Business Climate Index came in at 90.8 in March. IFO Current Economic Assessment
US: International trade deficit narrows to $106.6 billion in February
US international trade deficit narrowed modestly in February. US Dollar Index stays in positive territory
German IFO’s Economist: The economy faces uncertain times
Following the release of the German IFO Business Survey, the institute’s Economist Klaus Wohlrabe said that
AUD/USD clings to gains near weekly top, just below mid-0.7300s
A combination of supporting factors pushed AUD/USD to a fresh weekly high on Thursday. Upbeat
US: A recession’s likely in 2023 – DoubleLine’s Gundlach
Jeffrey Gundlach, Wall Street's bond king and Founder and Chief Executive Officer of DoubleLine Capital, believes
ABS: Australian labor market rebound “remarkable”
In an exclusive interview with MNI, the head of labor data at the Australian Bureau
China’s NBS: Economy faces many risks and challenges, external environment complex and severe
Following the release of the January-February activity numbers, China’s National Bureau of Statistics (NBS) released a statement,
UK Unemployment Rate drops to 3.9% in January vs. 4.0% expected
The Unemployment Rate in the UK dropped to 3.9% in January. UK Claimant Count Change