<p><img width="612" height="459" src="https://www.actionforex.com/wp-content/uploads/2018/12/f-silver7.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uplo
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US consumer confidence hits 2-year high at 114.8, reflecting inflation slowdown and positive employment outlook
<p><img width="558" height="307" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-usa4.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p> <p>US Conference Board
IMF raises 2024 global growth forecasts, risk of hard landing recedes
<p><img width="728" height="410" src="https://www.actionforex.com/wp-content/uploads/2021/01/f-imf5.gif" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p> <p>In the World Economic Outlook update, IMF upgraded global g
Euro Recovers as Recession Dodged in Eurozone, Aussie Softens ahead of CPI
<p><img width="612" height="421" src="https://www.actionforex.com/wp-content/uploads/2022/02/f-eur192.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content
ECB's Makhlouf: We are confident in sustainably reaching our 2% target
<ul><li>We should remain open-minded about the rate path, which is the essence of data dependence</li><li>With disinflation well-underway we are confident of reaching our target</li></ul><p>There isn't much of a signal here. The market has nearly fully priced in a cut for the April 11 meeting.</p>
US dollar jumps after strong job openings data
<p>US December job openings in the JOLTS report climbed to 9.026 million compared to 8.750 million expected. The counter-trend turn may give FOMC officials pause at the two-day meeting that just got underway.</p><p>The market is expecting something of a dovish shift from Fed officials but given the strong data in January, there is
JOLTs job openings for December 9.026M vs 8.750M estimate
<ul><li><a href="https://www.forexlive.com/news/jolts-job-openings-for-november-8790m-vs-8850m-estimate-20240103/" target="_blank" rel="follow">Prior month</a> 8.790M revised higher to 8.925M</li><li>JOLTs job openings for December 9.026M vs 8.750M estimate</li><li>Quits
US January consumer confidence 114.8 vs 115.0 expected
<ul><li><a href="https://www.forexlive.com/news/us-december-consumer-confidence-1107-vs-10400-expected-20231220/" target="_blank" rel="follow">Prior </a>was 110.7 (revised to 108.0)</li></ul><p>Details:</p><ul><li>Present situation index 161.3 vs 148.5 prior&l
Canadian home builder sentiment falls to survey low
<p>Canada's housing market is a mess.</p><p>A huge surge in immigration combined with a jump in mortgage rates created both a supply and affordability crisis. Unfortunately, home builders aren't going to come to the rescue.</p><p>The latest quarterly <a href="https://www.chba.ca/hmi" target="
Major indices are little changed in early US trading
<p>Major US indices are trading little changed in early US trading. The Dow Industrial Average and S&P closed at record levels yesterday. Stops rallied after the U.S. Treasury and out-of-state lower-than-expected auction calendar ahead. That sent yields lower and stocks higher.</p><p>A snapshot of marketing minutes into th