Blogs

The Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday by the US Bureau of Labor Statistics (BLS).

Euro recovery attempts fail below 0.8600. Eurozone Services PMI revised higher, yet into contraction levels.

Oil prices are starting to look heavy as Crude prices snap the current floor around $74. Recent headlines that confirm Russian President Vladimir Putin is due to meet the Saudi Crown Prince Mohammed Bin Salman to discuss OPEC+ cooperation

Economist at UOB Group Enrico Tanuwidjaja and Junior Economist Agus Santoso review the latest inflation figures in Indonesia.

The US Dollar (USD) appreciates significantly in the European trading session on Tuesday after rating agency Moody’s downgraded China’s credit outlook from stable to negative due to rising debt.

Gold is pulling moderately lower, with the US Dollar favoured by the risk-off sentiment.

The Euro (EUR) continues to face downward pressure against the US Dollar (USD), prompting EUR/USD to revisit the proximity of the 1.0800 region, where some decent contention seems to have emerged so far on Tuesday.

Brazil Gross Domestic Product (YoY) above forecasts (1.9%) in 3Q: Actual (2%)

Brazil Gross Domestic Product (QoQ) registered at 0.1% above expectations (-0.2%) in 3Q