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Tuesday, December 3, 2024

American Market Recap: South Korean president reverses his martial law declaration

South Korean president reverses his martial law declaration

Yoon Suk Yeol It's now 4:30 am in South Korea and after six hours of drama, the President appears to be backing down. Yoon said he will lift martial law after the parliamentary vote (190-0) to block i... 

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Credit Agricole: Does Trump want a weak or strong USD?

Trump's recent comments and trade policies reveal contradictions regarding his stance on the USD. While protectionist policies could suggest a preference for a weaker USD to reduce trade deficits and... 

BofA: What we expect from the November US jobs report on Friday

BofA anticipates a strong rebound in nonfarm payrolls for November, driven by the reversal of temporary factors that impacted the previous month. The unemployment rate is expected to edge higher due t... 

Fed's Goolsbee: Inflation data is a noisy series

Over the next year, rates should come down a fair amount from where they are now My belief that rates will come down is rooted in belief that inflation will come down Still dovish, I don't think he wi... 

Kugler Q&A: Not clear yet if AI will destroy or create jobs

Of it's clear, it's going to destroy them. Don't expect your government to save you. Other headlines from the Q&A: Job report on Friday may well bounce back given the influence of storms and strik... 

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Latest Forex Orders

FX option expiries for 3 December 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 1.0500 mark. Given the lack of catalysts in the session ahead, the expiries could act as a bit of a... 

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