Harris odds jump further after influential Iowa poll shows her with a shocking lead
Earlier I wrote a post highlighting why Presidential betting odds have tightened. Well, in the last hour they’ve tightened further and it’s from a somewhat shocking place — Iowa. It…
Read More »Australian Q3 PPI +0.9% q/q (expected +0.7%)
Australia PPI (Q3) +0.9% q/q expected 0.7%, prior 1.0% For the y/y +3.9% prior +4.8% The Producer Price Index (PPI) measures a change in input prices of raw, semi-finished or…
Read More »Inflation data remains in focus in Europe today
Major currencies are little changed for the most part with only the Japanese yen being the slight mover in the handover from Asia to Europe. It comes after the BOJ…
Read More »China mulls approving fresh fiscal package worth over ¥10 trillion next week
It is being reported that Beijing is looking to approve next week the issuance of over ¥10 trillion in extra debt over the next few years in order to revive…
Read More »Reminder: Daylight savings concluded in Europe over the weekend
This serves as just a bit of a reminder and a heads up to the session ahead. For those unaffected, this will mean European markets opening an hour “later” than…
Read More »Forexlive Americas FX news wrap: Consumer sentiment edges higher but market sentiment sags
US UMich October final consumer sentiment 70.5 vs 69.0 expected US September durable goods orders -0.8% versus -1.0% expected Canada August retail sales +0.4% vs +0.5% expected Canada Sept new…
Read More »Wall Street Journal poll puts Trump ahead of Harris, 47 to 45
The Wall Street Journal reports its latest national survey, finding that Trump is leading Harris by 2 percentage points, 47% to 45%. The journal caveats with: within the polls’ margins…
Read More »ECB’s Holzmann: A 25 bps rate cut is probable in December
As a reminder, it was also “probable” that the ECB would’ve paused in October. And look at how things played out instead. It’s all about the data at this stage…
Read More »IMF forecasts Australian CPI stays above 3% through 2025 – highest inflation in the world*
Adam posted on the IMF’s World Economic Outlook on Tuesday: IMF boosts US growth forecasts, trims China and Germany But, it falls to me to add the info for Australia….
Read More »China offers few details on stimulus in Saturday’s press conference
The State Council Information Office of China held a highly-anticipated press conference on Saturday, led by Finance Minister Lan Fo’an. The market was hoping for further announcements on fiscal stimulus…
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