<p>Canada is printing its January labour market data on a non-U.S. NFP day! What are market players expecting from the event anyway?</p>
Divergence Persists Between US and Euro Area Economies
The economic tale of two continents persisted through the final quarter of 2023, with the United States outpacing the euro area yet again. According to recent data, the US economy expanded by 0.8% quarter-on-quarter, while economic activity stagnated in the euro area. This divergence brings the 2023 GDP growth rate to 2.5% in the US […]
Palantir Stock Forecast: PLTR experiences best ever single-session performance in its history
Palantir (PLTR) stock on Tuesday is worth nearly one-third more than it was on Monday after the big data firm exploded following successful earnings results.
South Korea Current Account Balance rose from previous 4.06B to 7.41B in December
South Korea Current Account Balance rose from previous 4.06B to 7.41B in December
New Zealand Labour Cost Index (QoQ) came in at 1%, above expectations (0.8%) in 4Q
New Zealand Labour Cost Index (QoQ) came in at 1%, above expectations (0.8%) in 4Q
New Zealand Labour Cost Index (YoY) above expectations (3.8%) in 4Q: Actual (3.9%)
New Zealand Labour Cost Index (YoY) above expectations (3.8%) in 4Q: Actual (3.9%)
US Dollar dips as US Treasuries decline, Fed comments
The US Dollar (USD) Index, currently trading at 104.20, has been on a downward trend due to investors cashing in their profits alongside the impact of statements from Loretta Mester, the president of the Federal Reserve Bank of Cleveland.
New Zealand Unemployment Rate comes in at 4.0% in Q4 versus 3.9% prior
The New Zealand Unemployment Rate in the fourth quarter (Q4) climbed to 4.0% from 3.9% in the third quarter, according to data published by Statistics New Zealand on Wednesday.
Gold Price Forecast: XAU/UD rises on the back of falling US Treasury yields, weaker USD
In Tuesday's session, the XAU/USD surged to $2,035, reaffirming its bullish scenario in the daily chart.