Australia company profits pretax Q3 1.6% versus -1.7% previously
Prior quarter company profits pretax -1.7% Company profits pretax +1.6% Gross company profits -4.6% vs 0.7% estimate. Prior quarter -6.8% v -5.3% previously reported This article was written by Greg…
Read More »UK data – BRC Shop Price Index -0.6% y/y (prior -0.8%)
British Retail Consortium (BRC) monthly shop price index, a monthly measure of UK shop price inflation. for November 2024. Comes in at -0.6% y/y prior -0.8% GBP has been caught…
Read More »Fed: U.S. government fiscal sustainability tops the list of financial system risks
The Fed’s twice yearly Financial Stability Report highlights: U.S. government fiscal sustainability tops the list of financial system risks cited in the Fed survey of market contacts for the semi-annual…
Read More »Forexlive Americas FX news wrap: The yen rebounds strongly as US retail sales eyed
US October retail sales control group -0.1% vs +0.3% expected US November Empire Fed manufacturing survey +31.2 vs -0.7 expected US October industrial production -0.3% vs -0.3% expected US September…
Read More »PBOC expected to set USD/CNY reference rate for today at 7.2482
The PBOC is expected to set the Yuan the point at 7.2482 per USD according to Reuter esimate. Yesterday they set the reference rates at 7.1966 This article was written…
Read More »Australian October business confidence 5 vs. prior -2
National Australia Bank monthly survey of business, for October 2024 Business Confidence +5, highest in nearly two years prior -2 Business Conditions +7 prior+7 — Some of the sub indexes:…
Read More »Trump’s Treasury Secretary will be a George Soros disciple or a gold bug – report
An earlier report highlighted John Paulson and Scott Bessent as possible candidates for Treasury Secretary and now Reuters sources say those are the leading candidates. I wrote about Paulson earlier…
Read More »China October CPI +0.3% y/y (expected +0.4%, prior +0.4%), deflation prospect lingers
October 2024 CPI rose 0.3% year-on-year, down from 0.4% in September, and below economists’ median expectations of 0.4%: Shows continued weak consumer demand and keeps deflation concerns active. China faced…
Read More »Forexlive Americas FX news wrap: US dollar climbs, yields retreat
Canada October employment change +14.5K vs +25.0K expected UMich November prelim consumer sentiment 73.0 vs 71.0 expected Baker Hughes oil rigs 479 unchanged on the week Trump asks Robert Lighthizer…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.1019 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
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