Prior 1.307m Building permits 1.412m vs 1.350m expected Prior 1.330m This is still old data as government shutdown in October delayed many key economic reports. The last report was in September where it showed housing starts falling to the lowest level since May 2025. Today’s data is the lowest since the Covid pandemic. US Housing Starts There’s been persistent…
GBP/USD slips below 1.3450 as NFPs slash January Fed cut bets The Pound Sterling retraces on Friday after December’s Nonfarm Payrolls report delivered mixed figures, though traders reduced bets for an interest rate cut in January. At the time of writing, the GBP/USD trades at 1.3412 after reaching a high of 1.3451. Read More… Pound Sterling revisits weekly low against US…
Prior was +64K (revised to +56K) October was -105K (revised to -173K) Unemployment rate 4.4% vs 4.5% expected Prior unemployment rate 4.6% Unrounded unemployment 4.375% vs 4.564% prior Participation rate 62.4% vs 62.5% prior U6 underemployment rate 8.4% vs 8.7% prior Average hourly earnings +0.3% m/m vs +0.3% expected Average hourly earnings +3.8% y/y vs +3.6% expected Average weekly…
The Japanese Yen (JPY) extends its losses against the US Dollar (USD) on Friday, with USD/JPY pushing higher for a fourth straight day as the Greenback builds on its recent advance following the latest batch of US economic releases. At the time of writing, the pair is trading around 158.00, hovering near its highest level since January 2025 and…
The Canada December jobs statistics show: Employment change: 8.2 K vs -5.0K estimate, +53.6K prior Unemployment rate: 6.8% vs 6.6% estimate, 6.5% prior Full-time employment change: 50.2K vs -9.4k last month Part-time employment change: -42.0K vs 63.0K last momth Participation rate: 65.4% vs 65.1% last month Avg hourly wages (permanent, YoY): 3.7% vs 4.0% last month Highlights: Employment was…
Gold price rises on Friday, poised to end with weekly gains of nearly 4% as an employment report in the US was mixed, with the economy adding fewer jobs than projected. Still, the Unemployment Rate ticked lower, yet investors are still betting the Federal Reserve (Fed) to cut rates this year. At the time of writing, XAU/USD trades at…
Important clarification: While markets are watching the US Supreme Court closely, any ruling referenced in this analysis remains potential, not scheduled. The Court does not pre-announce decisions. On a designated “decision day,” it may rule on any case currently before it. For background, see our related update here: https://investinglive.com/news/no-opinion-today-on-tariffs-from-the-us-supreme-court-20260109/ Before we go into the expected scenarios and what you…
GBP/USD remains under heavy fire and retreats for the fourth consecutive day on Friday. Indeed, Cable suffers the strong performance of the Greenback, intensified post-mixed NFP, and trades at shouting distance from its critical 200-day SMA near 1.3380.
Sector Overview Today’s stock market heatmap reveals a contentious battleground across various sectors. Technology sees mixed outcomes, with notable declines and slight advances within sub-sectors. Industrials and Healthcare, however, show promising resilience, driving up overall market sentiment. 📉 Tech Sector: Microsoft (MSFT) dropped by 0.44%, paving a cautious path for the broader tech landscape. Nvidia (NVDA) also faced a…
AUD/USD trades lower on Friday, with the pair hovering around 0.6680 at the time of writing, down 0.23% on the day. The move mainly reflects renewed support for the US Dollar (USD), against a backdrop of mixed macroeconomic releases in the United States (US), while the Australian Dollar (AUD) remains weighed down by softer expectations for monetary tightening in…
