Logo-color Logo-white

Markets The fall-out of Reeves’ “one of the largest fiscal loosenings of any fiscal event in recent decades” on UK bond markets went into a second day. Gilt yields sprint another 10.1 (30-yr) to 19 (2-yr) bps higher with new YtD highs for all maturities >5 years. The front-end is heavily influenced by central bank […]

The post Sunset Market Commentary appeared first on Action Forex.

previous

U.S. Personal Income and Spending Growth Picks Up in September

next

Cliff Notes: A Step Behind, But With Goal in Sight

Read More

01/12/2023

WTI Oil: Oil Price Extends Advance as OPEC+ Rolls Over Production Cuts

WTI oil price rose above $79 for the first time in two weeks on Thursday, as fresh bullish acceleration extends into third consecutive day. The OPEC+ decided to extend its supply cuts in 2024, as the cartel met today, after meeting scheduled for Nov 26 was postponed, adding support to oil price. The top world […]
30/09/2024

NZ First Impressions: ANZ Business Confidence, September 2024

Business sentiment has continued to charge higher as interest rate pressures ease, but activity remains soft for now. Key results (September 2024) Business confidence: 60.9 (Prev: 50.6) Expectations for own trading activity: 45.3 (Prev: 37.1) Activity vs same month one year ago: -18.5 (Prev: -23.1) Inflation expectations: 2.92% (Prev: 2.92%) Pricing intentions: 42.8 (Prev: 41.0) […]
05/04/2024

Canada’s Labour Market Sheds Jobs, Unemployment Rate Jumps

The Canadian labour market shed 2.2k positions in March, with full-time employment down -0.7k and part-time employment down -1.6k. The unemployment rate rose 0.3 percentage points to 6.1%, the highest level in more than two years, and the participation rate was unchanged at 65.3%. Employment by sector showed losses in accommodation and food services (-27k), […]