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<p>Data from Stats NZ shows that the seasonally adjusted volume of building activity in New Zealand was $8.6 billion in the September 2023 quarter. This is down 2.4% on the quarter:</p><ul><li>+10% y/y </li><li>volume of non-residential building work was down 5.9% q/q</li><li>volume of residential bui

<ul><li><a href="https://www.forexlive.com/news/us-october-factory-orders-36-vs-28-expected-20231204/">US October factory orders -3.6% vs -2.8% expected</a></li><li><a href="https://www.forexlive.com/news/ford-vehicle-sales-fell-05-yy-in-november-20231204/">Ford vehicle sales fell 0.5% y

<p>It's a busy session ahead. </p><p>The first notable event is Tokyo area inflation for November: </p><ul><li>National-level CPI data for November will follow in about three weeks, it takes longer to gather and collate the national data.</li><li>Tokyo CPI is a sub-index of the national CPI</l

<p>Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: </p> This article was written by Eamonn Sheridan at www.forexlive.com.

<p>The US stocks are off to a slow start with the major indices closing lower. </p><p>A look at the closing levels shows:</p><ul><li>Dow Jones Industrial average fell -41.08 points or -0.11% at 36204.43</li><li>S&amp;P fell -24.87 points or -0.54% at 4569.77</li><li>Nasdaq fell -119.55

<p>The Bank of Canada decision is coming up on Wednesday and it's entirely likely that Tiff Macklem leaves rates unchanged at 5.00%. The economy is struggling under the weight of higher interest rates and barely grew in the second and third quarters. If anything, the market is pricing in a slight chance of a cut.</p><p>The [&

<p>Gold sure had a wild trading day with the price initially spiking higher in racing to a new all-time high level of $2146.79. However, momentum faded in the price quickly rotated to the downside. The price is currently down $-44.33 or -2.14% at $2027.54. </p><p>The low price for the day reached $2020.26. That low tested [&hellip

<p>Sentiment is great in most markets right now but oil is certainly an exception. WTI crude oil fell again today, dropping $1.03 to $73.04.</p><p>The November low was $72.16 and it's not hard to find discouraged energy market participants talking about oil prices starting with a $6. </p><p>The bigger worry underp

<p>Crude oil futures are settling at $73.04. That is down -$1.03 or -1.39%.</p><p>The high price for the day reached $75. The low price extended to $72.66. The low price of from the month of November reached $72.22. Moving below that level is needed to increase the bearish bias.</p><p>Last week the high prices spiked u

<p>The GBPUSD pair is currently facing downward pressure, as it approaches a recent low near the 1.2603 level. This downward move has resulted in the pair slipping below the 200-hour moving average, which stands at 1.26212. Maintaining a position below this average could further empower sellers.</p><p>However, there's a notab