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Canada Net Change in Employment came in at 18.2K, above forecasts (10K) in June
Canada Net Change in Employment came in at 18.2K, above forecasts (10K) in June
Canada Unemployment Rate came in at 6.5%, below expectations (6.6%) in June
Canada Unemployment Rate came in at 6.5%, below expectations (6.6%) in June
Canada Building Permits (MoM) climbed from previous -7.6% to -1.7% in May
Canada Building Permits (MoM) climbed from previous -7.6% to -1.7% in May
Canada Participation Rate remains unchanged at 65% in June
Canada Participation Rate remains unchanged at 65% in June
United States: New methodology trims Core PCE inflation – Wells Fargo
Wells Fargo economists Tom Porcelli and Sarah House discuss upcoming BEA changes to the Personal Consumption Expenditures (PCE) Price Index that will affect data from 2021 onward.
Brazil IPCA Inflation registered at 0.16%, below expectations (0.31%) in June
Brazil IPCA Inflation registered at 0.16%, below expectations (0.31%) in June
Mexico Industrial Output (YoY) came in at -0.7%, below expectations (-0.1%) in May
Mexico Industrial Output (YoY) came in at -0.7%, below expectations (-0.1%) in May
Indian Rupee: Stabilisation but recovery hurdles against US Dollar – OCBC
OCBC strategists Christopher Wong and Sim Moh Siong observe that the Indian Rupee (INR) faced depreciation pressure as Oil and geopolitics resurfaced, pushing USD/INR towards a one‑month high.
Canadian Dollar: Labour data seen softening – TD Securities
TD Macro Research expects the Canadian labour market to soften in June, with employment unchanged versus market expectations for a 10k gain after May’s 87.8k surge.
Euro retraces previous gains as Eurozone data paves the way for an ECB pause
The Euro (EUR) has given away most of the daily gains against the US Dollar (USD) on Friday, returning to the 1.1430 area from session highs at 1.1475, which leaves the pair practically flat on the daily chart.
Australian Dollar rises on hawkish RBA, Iran diplomacy pressures USD
AUD/USD trades around 0.6950 on Friday at the time of writing, up 0.10% on the day after reaching a more than two-week high earlier in the day. The pair gives back part of its gains as investors remain caught between a weaker US Dollar (USD) and lingering factors supporting the Greenback.
India Bank Loan Growth: 18.6% (June 15) vs 17.7%
India Bank Loan Growth: 18.6% (June 15) vs 17.7%
India FX Reserves, USD increased to $674.19B in June 29 from previous $666.93B
India FX Reserves, USD increased to $674.19B in June 29 from previous $666.93B