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Canada Canadian Portfolio Investment in Foreign Securities rose from previous $-11.36BÂ to $22.27B in May
Canada Canadian Portfolio Investment in Foreign Securities rose from previous $-11.36BÂ to $22.27B in May
Canada Foreign Portfolio Investment in Canadian Securities came in at $7.9B below forecasts ($15.21B) in May
Canada Foreign Portfolio Investment in Canadian Securities came in at $7.9B below forecasts ($15.21B) in May
United States Housing Starts (MoM) above forecasts (1.31M) in June: Actual (1.427M)
United States Housing Starts (MoM) above forecasts (1.31M) in June: Actual (1.427M)
United States Building Permits (MoM) came in at 1.367M, below expectations (1.4M) in June
United States Building Permits (MoM) came in at 1.367M, below expectations (1.4M) in June
United States Import Price Index (MoM) above forecasts (-0.7%) in June: Actual (0.3%)
United States Import Price Index (MoM) above forecasts (-0.7%) in June: Actual (0.3%)
United States Export Price Index (MoM) registered at -0.6%, below expectations (-0.4%) in June
United States Export Price Index (MoM) registered at -0.6%, below expectations (-0.4%) in June
United States Housing Starts Change climbed from previous -15.4% to 19% in June
United States Housing Starts Change climbed from previous -15.4% to 19% in June
Breaking: UoM Consumer Sentiment Index is seen improving to 54.4 in July
American consumer confidence regained momentum in early July, as households grew more optimistic about current conditions and the broader economic outlook, according to preliminary data from the University of Michigan.
Hungarian Forint: Under pressure against Euro but story intact – ING
ING’s Frantisek Taborsky reports a broad risk-off move in Central and Eastern Europe (CEE), with elevated Oil and higher core yields pushing CEE rates up. Hungarian assets have suffered heavy selling, which he links to crowded longs and profit-taking.
New Zealand Dollar weakens as US strikes on Iran fuel risk aversion
NZD/USD declines on Friday, trading around 0.5830 at the time of writing, down 0.19% on the day, as investors seek safe-haven assets following a fresh wave of US strikes against Iran.
European Central Bank: September hike risk assessed – Societe Generale
Societe Generale’s Anatoli Anenkov expects no policy change at next week’s European Central Bank (ECB) meeting, with the central bank reiterating its data-dependent, meeting-by-meeting approach. Recent Euro Area data, including Germany and France, have not significantly altered the outlook.
EUR/USD Price Forecast: Sideways trading extends with 1.1480 holding bulls
The Euro (EUR) records mild losses against the US Dollar (USD) for the second consecutive day on Friday. The EUR/USD pair trades at 1,1430 after being capped at 1.1480 earlier this week, extending the sideways trend, as geopolitical tensions and higher oil prices keep Euro rallies subdued.
Gold trades below $4,000 as stronger US Dollar, hawkish Fed outlook weigh
Gold (XAU/USD) holds firm on Friday but lacks bullish momentum as rising Oil prices revive inflation concerns and reinforce expectations that the Federal Reserve (Fed) could raise interest rates later this year.