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AUD/USD rises to 0.6392, buoyed by weak US labor market reports US Initial Jobless Claims hit a two-month high, fueling speculation of continued Fed policy easing. Australian employment exceeds expectations with 35.6K jobs added in November, unemployment dips to 3.9%. The Australian Dollar recovers

The Serbian economy is currently performing better than its regional peers, thanks to a strong domestic demand boosted by a tight labor market, solid remittances inflow (7.1% of GDP), high real wage gains (9.3% y/y in 9M24), and a vivid investment activity as the country set in motion its 'Leap into

The problem for Treasuries is a 3% primary deficit plus 3% interest rate costs exceeds the typical 4.5% GDP expansion. That broadly equates to an ongoing 1.5% increase in the debt/GDP ratio. And this continues forever unless the primary deficit is cut. If not, our 5% + call for the 10yr yield can be

China's repeated declarations to stimulate its economy have largely not been followed by substantive actions. Despite promises made at the Politburo meeting in late September and reiterated in December to enhance fiscal spending and stabilize the real estate and stock markets, tangible results have

The BoE’s Decision Maker Panel boosted year ahead inflation expectations to 2.8% in November, from October’s 2.5%, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Short-term bull momentum on the intraday chart strengthens “The MPC’s Dhingra, a dove, warned that tight policy is damaging the UK

The Organization for Economic Co-operation and Development (OECD) warned of increasing growth risks from rising trade tensions and protectionism even after raising the global growth outlook for the next year. Key takeaways Sees 2024 global growth at 3.2% (unchanged), sees 3.3% in 2025 and 2026 (2025

Important News for the day Wed, 04th, 01:30 CET AU Gross domestic product. Wed, 04th, 14:15 CET US ADP employment change. South Korea South Korea is facing heightened political turmoil as opposition parties intensify their efforts to impeach President Yoon Suk-yeol over his controversial declaration

Here is what you need to know on Wednesday, December 4: The action in foreign exchange markets remain choppy early Wednesday as investors refrain from taking large positions ahead of key events. Bank of England (BoE) Governor Andrew Bailey, European Central Bank (ECB) President Christine Lagarde and

French political drama sent EUR/USD below 1.05 yesterday. Rate spreads have pushed out to the wides of the year as the market assumes that pressure is only going to grow on the ECB for rate cuts if governments in both France and Germany are out of order, ING’s FX analysts Chris Turner note. EUR/USD