AUD/USD Slides in Spite of Strong Australian Employment Data
The pair surged earlier in the week to due to the soft US inflation report, but eases today despite strong wage and employment data from Australia
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The pair surged earlier in the week to due to the soft US inflation report, but eases today despite strong wage and employment data from Australia
The US index posted one of its best days of the year on Tuesday, after the CPI report showed inflation moderation, reinforcing market optimism for peak rates
The commodity staged a turnaround with the help of supportive OPEC comments, but struggles to extend its recovery, despite cool US inflation and strong data from China
The pair posted its best day of the year on Tuesday on cool US inflation data, but faces headwinds today as the UK report also showed a significant deceleration
Wednesday’s CPI report showed further progress on inflation, which grew by the slowest pace in two years and the data will be welcomed by the central bank, which has stayed on the sidelines for the last two meetings
Watch today’s US Open for insights on the US Inflation deceleration, which boosts Wall Street, the rebound in oil prices and more
The US energy giant announced its entry into lithium refinery on Wednesday, aiming to cover the needs for over one million electric vehicles (EVs) by 2030
The UK index lacks firm direction as it digests this week’s wage figures and the cabinet shake-up, while awaiting Wednesday’s pivotal CPI inflation report
The stock of Apple comes from a losing third quarter, but despite another drop in sales and the artificial intelligence threat from rival smartphone-maker Samsung, it surges again in November
The index could not take advantage of Disney’s post-earnings surge and dropped on Thursday as Fed Chair Powell appeared more hawkish in his latest remarks
GBP/USD slumped on Thursday as Fed Chair Powell firmed up his rhetoric and heads towards a losing week, but steadies today as the UK economy avoids a Q3 contraction according to preliminary data
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