From the ECB's perspective, wage settlements will play a significant role in interest rate decisions in the coming months, economists at Commerzbank report.
Blogs
Pound Sterling could prove something of a dark horse – ING
The Pound Sterling (GBP) has been able to hold onto its late year gains pretty well.
Australian Employment Preview: AUD/USD could benefit again on any positive number – Commerzbank
The Australian labor market figures for December will be released on Thursday, January 18 at 00:30 GMT.
AUD/USD suffers losses on strong US data, Chinese economic woes
The Australian Dollar (AUD) plunges for the third consecutive day against the US Dollar (USD) on risk aversion following earlier data in the Asian session on China’s GDP.
United States Business Inventories meets forecasts (-0.1%) in November
United States Business Inventories meets forecasts (-0.1%) in November
Colombia Retail Sales (YoY) came in at -3.4%, above forecasts (-7.4%) in November
Colombia Retail Sales (YoY) came in at -3.4%, above forecasts (-7.4%) in November
United States NAHB Housing Market Index above expectations (39) in January: Actual (44)
United States NAHB Housing Market Index above expectations (39) in January: Actual (44)
USD/MXN: Mexican and US 2024 elections will add noise and can weigh on the Peso – TDS
Mexican Peso’s (MXN) returns can be explained entirely by US factors.
EUR to lose ground against the USD in the coming months – Rabobank
Despite this week’s move by EUR/USD below the 1.09 level, the Euro (EUR) remains the third best performing G10 currency in the year to date after the US Dollar (USD) and the Pound Sterling (GBP).
United States Industrial Production (MoM) expands 0.1% in December
Industrial Production (MoM) in the United States gained 0.1% in December, up from the 0.0% expected by markets.