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Markets The week ended with a bang. December US payrolls beat consensus by a wide margin (256k vs 165k) while October and November data barely faced a revision (-8k combined). Big contributors were health care (+46k), leisure & hospitality (+43k) and government (+33k). Today’s numbers strongly add to the feeling that the Fed’s momentum to […]

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US Payrolls Surge in December and Unemployment Rate Ticks Down to 4.1% 

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26/03/2024

Focus on US and Swedish Data Today

In focus today From the US, durable goods orders are due for release for February and Conference Board will release its consumer confidence survey for March. Consumer confidence has improved gradually over the winter as slower inflation supports real incomes. In Sweden we get producer and import price index for February and the Economic Tendency […]
08/05/2024

AUD/USD Analysis: Aussie Weakens After RBA Decision

Following its decision on 7th May, the Reserve Bank of Australia (RBA) opted to maintain the interest rate at 4.35%, despite inflation continuing to decrease at a slower pace than anticipated by the RBA. “I think we still think they’re reasonably balanced with perhaps a little bit of a signal that we need to be […]
21/11/2024

Yen Jumps as BoJ’s Ueda Hints at Rate Hike

The Japanese yen has posted strong gains on Thursday. In the European session, USD/JPY is trading at 154.34, down 0.70% on the day. Ueda says rate decision will depend on data Bank of Japan Governor Ueda’s remarks are always closely monitored and often move the financial markets. That was the case today as the yen […]