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In focus today Today is a relatively quiet day on the global data front. In Denmark, CPI inflation is released for February. We expect that inflation decreased to 1.0% y/y in February from 1.2% y/y in January, largely driven by food prices as the February price surge from last year no longer features in the […]

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30/11/2023

Canadian GDP declined in Q3

The pull-back in GDP in Q3 (-1.1% annualized) was substantially softer than expected, although following an upwardly revised 1.4% gain (previously -0.2%) in Q2. Still, the details of the Q3 data were soft – GDP would have declined a larger 3% in the quarter without a 7.3% jump in government spending. Business investment pulled back […]
16/05/2024

Scandi Inflation Expectations on Today’s Menu

In focus today In the US, April industrial production data is due for release. In the euro area, industrial production data for March and employment growth for Q1 are scheduled for release. The current strong labour market gives upside risks to wage growth and thereby domestic inflation. In Denmark, the government will publish an update […]
26/03/2024

Ethereum ETHUSD Buying The Dips After Elliott Wave Double Three

Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of Ethereum ETHUSD published in members area of the website. As our members know ETHUSD has recently made pull back that has unfolded as Elliott Wave Double Three Pattern. It made clear 7 swings from the […]