The Canadian Dollar has seen a recent appreciation. Nonetheless, economists at the National Bank of Canada do not expect Loonie to strengthen further.
Blogs
EUR/USD: Price target raised to 1.15 – Commerbank
Economists at Commerzbank have updated their Euro forecast after the last European Central Bank (ECB) meeting.
Colombia Retail Sales (YoY) below forecasts (-7.5%) in October: Actual (-11%)
Colombia Retail Sales (YoY) below forecasts (-7.5%) in October: Actual (-11%)
US S&P Global Manufacturing PMI drops to 48.2 in December, Services PMI improves to 51.3
The economic activity in the US private sector continued to expand at a modest pace in early December, with S&P Global Composite PMI edging slightly higher to 51.0 from 50.7 in November.
United States S&P Global Composite PMI increased to 51 in December from previous 50.7
United States S&P Global Composite PMI increased to 51 in December from previous 50.7
United States S&P Global Services PMI came in at 51.3, above expectations (50.6) in December
United States S&P Global Services PMI came in at 51.3, above expectations (50.6) in December
United States S&P Global Manufacturing PMI came in at 48.2 below forecasts (49.3) in December
United States S&P Global Manufacturing PMI came in at 48.2 below forecasts (49.3) in December
Colombia Industrial output (YoY) rose from previous -6.9% to -5.9% in October
Colombia Industrial output (YoY) rose from previous -6.9% to -5.9% in October
Gold Price Forecast: XAU/USD set to move towards $2,060 – ANZ
Gold has surged back above $2,000. Economists at ANZ Bank analyze XAU/USD technical outlook.
United States Capacity Utilization came in at 78.8% below forecasts (79.1%) in November
United States Capacity Utilization came in at 78.8% below forecasts (79.1%) in November