South Africa Manufacturing Production Index (YoY): 2.1% (October) vs -4.3%
Blogs
United States NFIB Business Optimism Index: 90.6 (November) vs previous 90.7
United States NFIB Business Optimism Index: 90.6 (November) vs previous 90.7
Pound Sterling Price News and Forecast: GBP/USD drifting ahead of US inflation
Cable edged lower on sub-forecast Uk November earnings which adds to talks about possible rate cuts, although the BoE signals that cuts are still not on the table, with hawkish hold expected on Thursday’s policy meeting.
USD/CAD is hovering right above 1.3550 ahead of US CPI data
The US Dollar is trading lower against its Canadian counterpart on Tuesday, with the pair moving dangerously close to the 1.3550 support level and all eyes on November’s US CPI report, due later today.
German ZEW Economic Sentiment Index unexpectedly rises to 12.8 in December vs. 8.8 expected
The headline German ZEW Economic Sentiment Index unexpectedly improved to 12.8 in December from 9.8 in November.
Eurozone ZEW Survey – Economic Sentiment registered at 23 above expectations (12) in December
Eurozone ZEW Survey – Economic Sentiment registered at 23 above expectations (12) in December
Germany ZEW Survey – Economic Sentiment came in at 12.8, above forecasts (8.8) in December
Germany ZEW Survey – Economic Sentiment came in at 12.8, above forecasts (8.8) in December
Germany ZEW Survey – Current Situation registered at -77.1, below expectations (-75.5) in December
Germany ZEW Survey – Current Situation registered at -77.1, below expectations (-75.5) in December
Spain 9-Month Letras Auction dipped from previous 3.686% to 3.485%
Spain 9-Month Letras Auction dipped from previous 3.686% to 3.485%
Spain 3-Month Letras Auction increased to 3.58% from previous 3.552%
Spain 3-Month Letras Auction increased to 3.58% from previous 3.552%