Tag Archive: Bank of Canada (BoC)

Markets Yield to pressure?

Markets Yield to pressure? Not so far today as the markets have opened predictably quiet with Tokyo and New York celebrating their holidays. USDCNH is trading unpretentiously higher but the USD, in general, remain little-changed post-NFP.  Strength in labour markets,…
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Employment: U.S miss, Canada beat expectations

U.S unemployment rate falls to a 49-year low The September U.S unemployment rate fell to +3.7% from +3.9% in August, the lowest rate since 1969. The U.S non-farm payrolls rose to a seasonally adjusted +134K in September, the smallest gain…
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NFP – what to expect

Friday October 5: Five things the market is talking about The granddaddy of economic indicators – U.S non-farm payrolls (NFP) for September – will be released later this morning (8:30 am EDT) along with the Canadian jobs report. Today’s U.S…
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China’s Spy’s, election meddling and NFP to keep traders busy

China’s Spy’s, election meddling and NFP to keep traders busy The market has that distinct odour of risk off. It’s incredible just how quickly sentiment has shifted in a mere 24 hours. There were nascent signs of asset rotation in…
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No stopping the US dollar runaway train at the moment

No stopping the US dollar runaway train at the moment US Markets  The US dollar is on a rampage as awe-inspiring beat on both the ADP and ISM services index combined with very supportive  Fed speak sent the US dollar…
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Italy: risk on, risk off?

Wednesday October 3: Five things the markets are talking about European markets have so far shrugged off losses in Asia to post gains this morning amid hopes that Italy’s budget deficit could be lowered, but concerns about the country’s debt…
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Asia Wrap: India or Italy the risk is yours !!

USD Asia tracked through a tight range watching the EUR move from the sidelines with China and South Korean markets out. INR the major focus USDINR moves lower trading with heavy tone on headlines that the Government is in talks…
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A tempest in a cappuccino cup or mama mia, here we go again?

A tempest in a cappuccino cup or mama mia, here we go again? The Italian headlines didn’t precisely toggle  the “risk on”  sentiment switch The markets realize anything can happen in the next six weeks notwithstanding the fact 2 %…
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US markets rescue global risk sentiment yet again.

US Markets  It seems we can rely on the US markets to bail out souring Global risk sentiment again and again.  But the question should be, how long can we expect this to continue. Almost like clockwork, The Dow Jones…
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