Moody’s Analytics forecasts that China’s economic data, due for release at the top of the hour, will show a significant deceleration in growth. The firm anticipates GDP growth will slow sharply to 4.2% year-on-year, down from 5.2% in the second quarter. Further weakening is expected in domestic demand, with retail sales growth forecast to ease to 3%. This slowdown…
US Vice President JD Vance said on Sunday that there is no system that exists to disarm Hamas, after the ceasefire was broken by Hamas earlier in the day. “There is no security infrastructure currently that would ensure Hamas is disarmed,” said JD Vance. His remarks came ahead of his visit to Israel this week, which is scheduled to begin on…
US Secret Service discovered a killing platform. For Trump assassination attempt? Service found a “suspicious stand,” which appeared to be a hunting platform set up in a tree near a Trump airport in Florida. investingLive Exclusive 4m ago
New Zealand’s Consumer Price Index (CPI) climbed 3.0% YoY in the third quarter (Q3) of 2025, compared with the 2.7% increase seen in the second quarter, according to the latest data published by Statistics New Zealand on Monday. The market consensus was for a growth of 3.0% in the reported period The quarterly CPI inflation rose to 1.0% in Q3 from the…
ECB President Christine Lagarde spoke in an interview on CBS’s Face the Nation on Sunday. It was a wide-ranging interview. On the US dollar: Lagarde suggested that the US dollar’s dominance is starting to decline, noting that future developments will show the extent of this erosion. As evidence, she pointed to the recent rally in gold prices and a…
Pound Sterling trades lower due to escalating BoE dovish expectations The Pound Sterling (GBP) trades flat around 1.3470 against the US Dollar (USD) during the European trading session on Friday. The GBP/USD pair flattens even as the US Dollar Index (DXY) faces selling pressure, suggesting weakness in the British currency. Sterling underperforms on fresh escalation in expectations that the…
The USD is little changed vs the major currencies to start the NA session. Once again there will be zero economic releases. Today is the last day for Fed officials to speak as the Fed enters its blackout period after today. A look at the USDs change vs the major currencies shows: EUR -0.02% JPY -0.19% GBP -0.04% CHF…
The US Dollar (USD) is mixed to softer overall and heading for a close on the week overall that may be weak enough to point to a halt in the DXY’s rebound since mid-September, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. USD mixed to lower as risk mood weakens on regional US bank focus Dovish comments…
A report early this week in the WSJ highlighted that China doesn’t think Trump will let the US stock market fall in a trade war and that’s tough to argue with given his comments today. On Fox Business he called 100% tariffs on China unsustainable and repeatedly said everything will be fine while also indicating he didn’t know what…
The Canadian Dollar (CAD) is little changed on the session at writing but spot did pop briefly higher in overnight trade before edging back to the lower end of the trading range seen over the past few sessions, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. Spot is trading a little lower on the session “Weak risk…
