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Tuesday, November 19, 2024

European Markets Wrap-Up: Switzerland October trade balance CHF 8.06 billion vs CHF 4.95 billion

Switzerland October trade balance CHF 8.06 billion vs CHF 4.95 billion

Prior CHF 4.95 billion; revised to CHF 4.94 billion Here's the breakdown of the Swiss trade balance for last month:... 

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China widely expected to keep benchmark lending rates unchanged this week

Reuters' latest survey of 28 market watchers sees all respondents expecting both the 1-year and 5-year LPRs to remain unchanged at 3.10% and 3.60% respectively. A trader at a Chinese bank commented th... 

EUR/USD downside stalls as dollar rally pauses for breath

And that comes after a key test of the 1.0500 mark last week, with the importance of the level underlined here . The bounce this week sees the pair nudge up closer to 1.0600 but is also pausing a litt... 

Goldman Sachs sees S&P 500 hitting 6,500 by the end of next year

Goldman Sachs says that they see the 'Magnificent 7' carrying the benchmark index mostly, with the bunch set to outperform as compared to the other index constituents. That being said, they do expect... 

A light one on the data docket in Europe once again

The dollar is lightly changed but sitting a little more mixed as we look towards European morning trade today. USD/JPY is once again the notable mover as it slides back down towards the 154.00 level i... 

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FX option expiries for 19 November 10am New York cut

There is just one to take note of on the day, as highlighted in bold . That being for EUR/USD at the 1.0600 level. It isn't one that holds much technical significance and with the dollar retracing bac... 

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