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Thursday, November 27, 2025

American Market Recap: BoE's Greene: Slack opened up in the labour market and the economy

Thursday, 27 Nov, 2025

Central Banks

BoE's Greene: Slack opened up in the labour market and the economy

I expect slack to increase It's encouraging that services inflation is coming down Evidence on wage growth is also encouraging BoE projection is benign Inflation has stabilised My concern is around se

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Technical Analysis

NZDUSD Technicals.The run to the upside takes the next step to swing area resistance

The RBNZ's 25-basis-point cut yesterday — paired with guidance that rates will likely remain steady for an extended period — gave buyers the green light. The NZDUSD responded with a strong 1.4% gain,

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Commodities

OPEC+ expected to hold oil output steady for Q1 2026 at meeting on Sunday

Likely to agree on mechanism to assess members' maximum production capacity This was already expected, so not really new information. We got a brief and small spike which faded quickly.

News

Russia's Putin: We see that the US is taking into account our position

There are no final versions to the peace plan We agree that Trumpìs Ukraine plain can be used as a basis for future agreements We need to discuss some things Russia does not plan to attack Europe, thi

News

Canada Q3 current account -9.68 billion vs -16.50 billion expected

Prior was -21.16 billion (revised to -21.56 billion) From the agency: "The decrease in the current account deficit in the third quarter was largely due to a narrowing of the trade in goods deficit, as

News

investingLive European session wrap: Markets muted as Thanksgiving holiday saps appetite

Headlines: Reminder: Thanksgiving holiday to sap the appetite from markets today Gold continues to keep within technical pennant for now USD/JPY Technical Analysis: Weakness in both currencies leads t

Central Banks

ECB meeting accounts note that present uncertainty justifies keeping rates unchanged

Assessment of inflation outlook was broadly unchanged The view was expressed that the rate-cutting cycle had come to an end That since the current favourable outlook was likely to be maintained unless

Forex

NZDUSD Technical Analysis: Last RBNZ cut gave the NZD a tailwind

Fundamental Overview The USD weakened across the board recently following soft ADP data and a Bloomberg report saying that Hassett emerged as the frontrunner for the Fed Chair position. The greenback

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Central Banks

ECB's Kazaks: Time is not ripe to discuss a rate cut

I would focus on 2026, 2027 inflation projections Downside risks to inflation are better known but we shouldn't discount upside Delay to ETS2 emissions trading system would flatten inflation but we sh

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