Market Pulse
India 
17 Sep BirthMarketPulse is a continuous monthly tracking survey of household purchases in urban and rural India.
India 17 Sep Birth
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CAD steadies as spreads stabilize – Scotiabank
The Canadian Dollar (CAD) is steady. The BoC duly cut the policy rate 50bps yesterday and signaled that the pace of policy easing would moderate, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Spreads stabilize after BoC cut “Aggressive rate cuts over the past few months leave the Overnight T
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Australia Posted Strong Hiring Growth in November, Jobless Rate Down to 3.9%
Partner Center Australia’s labor market showed considerable strength in November, with employment growing more than forecasted and the unemployment rate falling to 3.9%. The Australian Bureau of Statistics (ABS) reported that the economy added 35,600 jobs, surpassing market expectations of 26,000. K
USD/CHF edges up ahead of SNB rate decision
The Swiss franc is slightly lower on Wednesday. In the European session, USD/CHF is trading at 0.8845, up 0.19% on the day. Swiss National Bank cut looms, but how much? ‘Tis the season of central bank decisions, with four major central banks making rate announcements this week. The Swiss central ban
AUD/USD soars as China’s inflation dips
The Australian dollar continues to takes traders on a roller-coaster. AUD/USD has surged 0.85% on Monday, recovering most of the 1% decline on Friday. In the European session, the Australian dollar is trading at 0.6443 at the time of writing. The week ended with a rebound from US nonfarm payrolls. I
Gold (XAU/USD) Eyes $2,700 as Fed Rate Cut Looms, Geopolitics in Focus
Gold prices are being supported by a shift in Chinese monetary policy, and geopolitical developments. China has resumed gold purchases after a six-month pause. From a technical perspective, gold is currently caught between support at $2650 and resistance at $2700. A break above $2700 could signal fu
German inflation rises, euro edges higher
The euro is slightly higher on Tuesday. In the European session, EUR/USD is trading at 1.0528, down 0.23% at the time of writing. German inflation climbs to 2.2% Germany, the largest economy in the eurozone, remains a shadow of what was once the undisputed locomotive of Europe. Economic growth has s
US Inflation and the Dollar Index (DXY) : A Pre-CPI Analysis
The upcoming US CPI data release on December 11th is a key event for markets, as it could influence the Fed’s decision on interest rates at its December 18th meeting. While a rate cut is widely expected, a higher-than-forecast CPI print could raise questions about the Fed’s path forward. The US Doll
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Will JJ’s inflation orchestra hits a sour note while the market plays musical chairs?
It’s HERE…CPI due out at 8:30. Gold is up, Dollar is up (someone’s confused). Oil is up on China demand story and UBS call. JJ - the Money Maestro & his Inflation Orchestra are locked down. Try the Linguine & Lobster Sauce #6. Put ‘KP’ in the message box and I will be happy to reach out to d
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GBP/JPY trades above 194.00 after recovering recent losses, US CPI eyed
GBP/JPY recovers daily losses ahead of the US inflation report. The JPY depreciates due to uncertain expectations for BoJ's further rate hikes. The Pound Sterling receives support from the increased likelihood of the BoE to keep its rates unchanged at 4.75% in December. GBP/JPY recovers its daily lo
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Elliott Wave Suggests Alibaba Group $BABA Can Reach $130 in 2025
Hello everyone! In today’s article, we’ll examine the recent performance of Alibaba Group ($BABA) through the lens of Elliott Wave Theory. We’ll review how the rally from the November 22, 2024, low unfolded as a 5-wave impulse and discuss our forecast for the next move. Let’
USD/CAD steady ahead of Can. job growth, US NFP
The Canadian dollar is showing small gains on Friday. In the European session, USD/CAD is trading at 1.4041, up 0.12% at the time of writing. Canada’s job growth expected to climb Canada releases job growth for November later today. The market estimate stands at 25 thousand, compared to 14.5 thousan
British pound rises as UK Construction PMI jumps
The British pound has extended its gains for a third straight trading day. In the North American session, GBP/USD is trading at 1.2757, up 0.45% on the day. British UK Construction PMI accelerates in November The UK Construction sector rose to 55.2 in November, up from 54.3 in October and above the
EUR/USD: Additional accommodative monetary policy guidance from the ECB may be forthcoming
Pronounced weakness in manufacturing activities in Germany may spread to the broader Eurozone. ECB may be forced to remove its “restrictive monetary policy” forward guidance next Thursday and evolve into a “recession fighting” move. The medium-term downtrend of EUR/USD remains intact but a mean reve
Pull-up Update
