Tabitha
He liked
Slovenia outlook: Growth expected to accelerate despite challenging environment
3Q24 GDP came in line with our expectations, accelerating to 1.4% y/y. Such performance was supported by the steady private consumption footprint, while net exports surprised on the positive side. We see similar growth performance going into 4Q24, suggesting overall FY24 performance around 1.5% mark
He liked
Four key events to follow next week
This week, central banks around the globe made significant monetary policy decisions. While the Reserve Bank of Australia maintained its interest rate, the Bank of Canada, the Swiss National Bank, and the European Central Bank all implemented rate cuts. Let's take a closer look at what to expect nex
He liked
USD gains ahead of inflation data – Scotiabank
The US Dollar (USD) is broadly higher ahead of today’s key risk events. Reuters reported that the Chinese authorities are considering abandoning their stable yuan policy and allowing the CNY to weaken, Scotiabank’s Chief FX Strategist Shaun Osborne notes. USD rises for a fourth day as markets positi
He liked
Small business optimism surges in November
Summary Compensation pressures not helping inflation Small business optimism surged in November alongside a promptly decided election outcome. The headline index soared eight points to 101.7, its highest reading since June 2021. After years of elevated inflation and interest rate hikes, November mar
He liked
He liked
The Eurozone is exporting its savings, but is it investing them advantageously?
The eurozone’s net international investment position in terms of direct and portfolio investment recovered significantly between 2015 and 2022, becoming positive from 2021 onwards, meaning that the eurozone has become a net creditor to the rest of the world. However, the income it receives from thes
He liked
Week's top three trades: Wheat
Wheat (ZW) formed a daily Doji Friday (on the March contract) just above the daily chart downtrend resistance. Nevertheless, ZW remains vulnerable to perhaps one final extension lower to the weekly chart descending wedge support following Tuesday’s highly anticipated WASDE. Regardless of whatever po
He liked
He liked
Mexican Peso trims some gains with all eyes on US Nonfarm Payrolls data
The Mexican Peso is trading moderately lower with investors bracing for the US employment reading. Weak US macroeconomic data and some hawkish comments by Banxico’s deputy Governor have buoyed the MXN this week. Technically, USD/MXN’s double top at 20.80 suggests the possibility of a deeper correcti
He liked
WTI lacks firm intraday direction, oscillates in a range below $68.00
WTI consolidates its recent losses to a two-week low amid mixed cues. Easing supply disruption worries and a stronger USD act as a headwind. Traders seem reluctant ahead of OPEC+ meeting on Thursday and US data. West Texas Intermediate (WTI) US Crude Oil prices struggle to gain any meaningful tracti
He liked
He liked
Pull-up Update