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Friday, December 6, 2024

American Market Recap: The Fed blackout begins at midnight

The Fed blackout begins at midnight

Federal Reserve officials are barred from commenting on monetary policy from midnight Friday until after the December 18 FOMC decision. Given the late date for the final FOMC meeting, it could be quie... 

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Morgan Stanley: Tactical FX views on USD, EUR, and GBP

Morgan Stanley shares a tactically bullish stance on the USD, citing strong US data and trade policy risks. The EUR faces headwinds from weak domestic growth and tariff-related risks, while the GBP be... 

Tough week for oil as OPEC+ actions fail to deliver gains

WTI crude oil weekly WTI crude oil settled lower by $1.10 to $67.20 in the second day of selling following the OPEC+ decision to delay barrels through Q1 and bring them on more-slowly afterwards. Oil... 

What's coming up on the US economic calendar for the second week of December

Powell checks the calendar (AI image) This week ahead includes CPI and PPI and with some notable Treasury auctions. The Fed goes into blackout at midnight on Friday so it will be considerably quieter... 

Canadian employment headline strength masks weakness underneath. Expect 50 bps - CIBC

CIBC is out with a review of today's Canadian jobs report : Despite strong headline job numbers, the underlying details were mostly negative They cite: Largely public sector job gains, highest unemplo... 

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Latest Forex Orders

FX option expiries for 6 December 10am New York cut

There is arguably just one to take note of in the day ahead, as highlighted in bold . That being for EUR/USD at the 1.0600 mark. The expiries there alongside some short-term resistance around 1.0590 c... 

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