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Japan January prelim industrial production -7.5% vs -7.3% expected

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WTI crude shakes off the early pressure to finish up 87-cents. Natural gas steals the show

WTI crude fell early but found its legs ahead of today's delayed private inventory report. WTI sagged to as low was $76.32 but found a footing and climbed more...

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Former Apple engineer gets prison for stealing information to go work for Chinese startup

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Dollar mostly little changed ahead of European trading

The changes among major currencies are relatively light as we look towards European trading today. The aussie is a slight mover, building on the stark rebound yesterday in US trading. Of note, AUD/USD bounced off its December low and 100-day moving average at 0.6525-30 but is now trading back to its previous consolidation zone near 0.6600.Besides that, other dollar pairs are not really seeing too much action so far on the day.USD/JPY remains one to watch though after falling to over two-week lows and testing 146.00 yesterday. That comes after a steep decline in Treasury yields once again, which is keeping things more complicated this week.In terms of data releases, there aren't any notable ones on the agenda in Europe. As such, all the focus and attention will be on the US jobs report coming up later.But as mentioned earlier, there are also other things brewing in markets as we look to wrap up the week. Equities look buoyed with US futures sitting higher, continuing the rebound from yesterday. Meanwhile, Treasury yields look...

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*India Dec CPI Inflation 5.69% Vs. 5.55% In Nov, Consensus 5.87%

India Dec CPI Inflation 5.69% Vs. 5.55% In Nov, Consensus 5.87%...

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Vancity announces Wellington Holbrook as President and CEO

Loading… Loading… TERRITORIES OF MUSQUEAM, SQUAMISH AND TSLEIL-WAUTUTH NATIONS and VANCOUVER British Columbia, Jan. 08, 2024 (GLOBE NEWSWIRE) — Vancity’s board of directors has named Wellington Holbrook as the next president and CEO of Vancity. Wellington officially assumes the role... Continue Reading →...

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The EUR is the strongest and the AUD is the weakest as the NA session begins

The strongest to weakest of the major currenciesAs the North American session begins, the EUR is the strongest and the AUD is the weakest...

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China and India Account for More Than 90% of Russian Oil and Fuel Exports

China took in half of all the crude oil that Russia exported this year, with India a close second, Deputy Prime Minister Alexander Novak said today on state TV. China...

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Bank of China has cut rates on some yuan deposits (NOT PBOC!)

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Euro retreats slightly after poor French PMI data

EUR/USD is down from 1.0996 to 1.0970 currently with EUR/GBP also easing from 0.8608 to 0.8595 at the moment. This follows the poor French PMI data here, with services activity slumping to a 37-month low and manufacturing output also sliding to a 43-month low. The only positive perhaps is that there is some cooling inflation pressures...

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Oil Prices Forecast: US Strategic Reserve Refill Plans Lift WTI and Brent Crude

Slight Follow-Through Rally Crude oil prices are higher early Monday, responding to the U.S.’s initiative to replenish its strategic reserves, offsetting concerns about surplus supply and subdued demand forecasts for...

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China’s Politburo says will maintain prudent monetary policy next year

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Hang Seng Index, ASX 200, Nikkei 225: Service PMIs, Inflation, and the RBA in Focus

Overview of the Monday Session Fed Chair Powell’s dovish speech from Friday set the tone for the Monday Asian session. Rising bets on a Q1 2024 Fed rate cut supported...

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XRP News: Programmatic Sales, the SEC’s Appeal Risk, and the Coinbase Case

The Thursday Overview On Thursday, XRP gained 1.67%. Following a 5.60% rally on Wednesday, XRP ended the day at $0.6213. No News is Good News The crypto news wires were quieter...

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Will the Fed stay the course?

here yesterday, it is not that much different from two months ago. So, what does that tell us?Essentially, it means that traders are still roughly convinced by the...

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*Greece Sep Unemployment Rate 10.0% Vs. 10.6% In August

Greece Sep Unemployment Rate 10.0% Vs. 10.6% In August...

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New Zealand dairy prices rise at fourth straight auction

NZD got a lift at the start of the week on the election and the latest dairy numbers should helped to improve terms of trade. The...

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Sterling holds lower ahead of the BOE later today

GBP/USD is down 0.4% to 1.2300 on the day while EUR/GBP is up 0.3% to 0.8665 at the moment. The former is down to its lowest levels since...

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More Time For Patients, Less Time On Paperwork: How U.S. Bank Is Simplifying Finances For Healthcare Providers

U.S. Bancorp USB launched a new cross-business initiative to serve small-to-midsize healthcare practices with up to $25 million in annual revenue.While banks have traditionally focused their healthcare services on hospitals and large...

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Biden Speculates China’s Economic Woes May Deter Taiwan Invasion: ‘Probably Doesn’t Have The Same Capacity As … Before’

President Joe Biden shed light on the potential repercussions of China’s economic downturn on its geopolitical strategies, notably concerning Taiwan. What Happened: The remarks were made during his visit to Vietnam on Friday, which followed the G-20 leaders summit held... Continue Reading →...

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