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The world is preparing for the November 5 US presidential election Voting times vary across states but the focus will be on seven key states Candidates need to win most of these swing states to secure victory “Safe” states will be called quickly but the final result might be delayed for days The countdown to the […]

The post Preparing for a US Election Marathon appeared first on Action Forex.

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06/06/2024

Focus Turns to Europe and to ECB Today

Markets Make it five. Five consecutive days of rallying US Treasuries on the (consequences of) the same theme: fading growth momentum and what it might mean to the Fed. At the front end of the curve, we’ve seen the obvious swing back from a first cut in December to the Fed pulling the trigger already […]
05/01/2024

Canada’s Labour Market Ends 2023 on a Dull Note

The Canadian labour market added 0.1k positions in December, with full-time employment down 23.5k and part-time employment up 23.6k. The unemployment rate held steady at 5.8% and the participation rate fell 0.2 percentage points to 65.4%. Employment by sector showed gains in professional, scientific and technical services (+46k), health care and social assistance (+16k), and […]
14/08/2024

Three Times CPI on the Menu

In focus today Today we get CPI numbers out of the US, UK, and Sweden. In the US, we expect both headline and core CPI to come in at 0.2% m/m seasonally adjusted. The release is the second to last before the next FOMC meeting in September, and the Fed will undoubtedly keep close watch […]