Eurozone February preliminary CPI +1.9% vs +1.7% y/y expected
Prior +1.7% Core CPI +2.4% vs +2.2% y/y expected Prior +2.2% Well, this sort of reading won’t do well to ease the nerves amid the US-Iran situation. Amid fears of a temporary…
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Oil prices surge higher, looks to eclipse the opening gap up from yesterday
There was a bit of profit-taking at the onset yesterday but given time to digest the Middle East situation, we’re starting to see oil prices surge higher again today. The jump on…
US, China officials reportedly set to meet to lay the groundwork ahead of Trump-Xi summit
With all that is happening in the Middle East, let’s not forget that there is also an ongoing trade war between the US and the rest of the world. The Supreme Court…
US Central Command confirms strikes on Iranian missile and drone launch sites
The latest update from the US Central Command: “US forces have destroyed Islamic Revolutionary Guard Corps command and control facilities, Iranian air defense capabilities, missile and drone launch sites, and military airfields…
US Central Command confirms strikes on Iranian missile and drone launch sites
The latest update from the US Central Command: “US forces have destroyed Islamic Revolutionary Guard Corps command and control facilities, Iranian air defense capabilities, missile and drone launch sites, and military airfields…
Trump says he doesn’t think boots on the ground will be necessary in Iran
The market is trying to suss out what the plan is for Iran. Yesterday there was an interview with John Bolton that emphasized that Trump is impulsive and likes to improvise. Trump…
Australian January building approvals -7.2% m/m vs +5.0% expected
Expected was +5.0% (some at 5.5%) Prior was -14.9% Private house approvals +1.1% vs +0.4% prior Building approvals +8.7% y/y vs +13.3% prior This is a sharp two-month drop in construction activity…
Japan January unemployment rate 2.7% vs 2.6% prior
Prior was 2.6% Jobs-to-applicants ratio 1.18 vs 1.19 expected Prior ratio 1.19 Japan’s unemployment rate held at 2.6% for four consecutive months through December, up from 2.4% in June and a cycle…
New Zealand January building consents +1.9% vs -4.6% prior
New Zealand building consents rose 1.9% on a seasonally adjusted basis in January, clawing back some of December’s 4.5% decline. The monthly number is fine but the real story here is in…
investingLive Americas FX news wrap 2 Mar:Oil higher. Stocks rebound.Reactions to Iran war
S&P and NASDAQ indices erase war declines and close higher on the day Reports of disruptions in the Strait of Hormuz is sending oil prices back higher Trump; US continues to carry…
Trump; US continues to carry out large scale combat operations in Iran
Iran refused to cease its pursuit of nuclear weapons Regime ballistic missile program was growing rapidly Would have soon had missiles capable of reaching America Ensuring they cannot obtain nuclear weapon Ensuring…
Trump; US continues to carry out large scale combat operations in Iran
Iran refused to cease its pursuit of nuclear weapons Regime ballistic missile program was growing rapidly Would have soon had missiles capable of reaching America Ensuring they cannot obtain nuclear weapon Ensuring…