The Pound Sterling (GBP) faces a correction after the United Kingdom Office for National Statistics (ONS) reported mixed factory data for November.
Blogs
USD/TWD: Uptrend is likely to extend on a break past 31.50/31.58 – SocGen
The TWD is languishing ahead of the presidential election on Saturday.
WTI soars to near $74.50 as supply concerns deepen after US airstrikes on Houthi group
West Texas Intermediate (WTI), futures on NYMEX, has climbed strongly to near $74.50 as investors worry about deepening oil supply concerns due to mounting tensions for merchant vessels through Red Sea.
Range-bound trading may persist despite conditions for a stronger Dollar – ING
US Consumer Price Index (CPI) data came in a bit hotter than expected.
Greece Consumer Price Index (YoY) came in at 3.5% below forecasts (3.8%) in December
Greece Consumer Price Index (YoY) came in at 3.5% below forecasts (3.8%) in December
Greece Consumer Price Index – Harmonized (YoY) meets forecasts (3.7%) in December
Greece Consumer Price Index – Harmonized (YoY) meets forecasts (3.7%) in December
EUR/SEK: The Riksbank currently presents a sad picture all round – Commerzbank
The Swedish Krona fell sharply after Thursday’s speech by Per Jansson, the Deputy Governor of the Riksbank.
DAX forming a continuation pattern at the highs
DAX has seen some deep pullback in 2023, but it was A-B-C drop into the important 14400-14600 area.
China New Loans below expectations (1400B) in December: Actual (1170B)
China New Loans below expectations (1400B) in December: Actual (1170B)
China M2 Money Supply (YoY) registered at 9.7%, below expectations (10.1%) in December
China M2 Money Supply (YoY) registered at 9.7%, below expectations (10.1%) in December