Author: FX

UPCOMING EVENTS:Monday: US NAHB Housing Market Index.Tuesday: RBA Meeting Minutes, Canada CPI, US Housing Starts and Building Permits.Wednesday: PBoC LPR, UK CPI, Eurozone Wage Growth.Thursday: Canada PPI, US Jobless Claims.Friday: Australia/Japan/EU/UK/US Flash PMIs, Japan CPI, UK Retail Sales, Canada Retail Sales.TuesdayThe Canadia CPI Y/Y is expected at 1.9% vs. 1.6% prior, while the M/M figure is seen at 0.3% vs. -0.4% prior. The focus will be on the underlying inflation measures with the Trimmed Mean CPI Y/Y expected at 2.4% vs. 2.4% prior, while the Median CPI Y/Y is seen at 2.4% vs. 2.3% prior. The BoC is now focused…

By Andriy Perun and Dan Peleschuk LVIV, Ukraine (Reuters) – When Russia poured troops into Ukraine nearly three years ago, Yaroslav Simkiv expected a global backlash that would force it to quickly end its full-scale invasion. Since then, the greying trumpeter has provided the aching soundtrack to hundreds of military funeral processions as they have streamed through the cobblestone streets of Lviv. “They can agree on an armistice and all that, but then everything will be left to our children and grandchildren,” said Simkiv, echoing a widespread belief in Ukraine that Russia will continue pressing the country for years to…

JUN LI/iStock via Getty ImagesCalifornia health officials have confirmed the first U.S. mpox case caused by the Clade I variant linked to the ongoing mpox outbreak in Africa. The California Department of Public Health (CDPH) announced Saturday that it detected the Clade I mpox variant in Source link

By Maria Tsvetkova and Steve Holland NEW YORK (Reuters) -President-elect Donald Trump arrived at a heavily guarded Madison Square Garden in New York City on Saturday night to attend an Ultimate Fighting Championship event and celebrate his election victory with many of his supporters. Known by some in the mixed martial arts world as the “Combatant in Chief,” Trump counts UFC President Dana White as a close friend and considers fans of the sport part of his political base. Trump entered the arena to loud music and waved to the crowd, many of whom returned the gesture. Among those joining…

Mon: G20 (Brazil)Tue: NBH Policy Announcement; RBA Minutes (Nov); EZ Indicator of Negotiated Wage Rates (Q3), EZ HICP (Final), US Building Permits/Housing Starts (Oct), Canadian CPI (Oct)Wed: UK CPI (Oct), German PPI (Oct)Thu: CBRT & SARB Policy Announcements; UK PSNB (Oct), US Initial Jobless Claims (w/e 16th Nov), Philadelphia Fed (Nov), Existing Home Sales (Oct), EZ Consumer Confidence Flash (Nov), Japanese CPI (Oct), Australian Flash PMIs (Nov)Fri: UK GfK (Nov), Retail Sales (Oct), EZ, UK & US Flash PMIs (Nov), Canadian Retail Sales (Sep), US Uni. of Michigan Final (Nov)Note: Previews are listed in day-orderRBA Minutes (Tue): The minutes as…

The ever-changing tides of the financial markets can be daunting for new traders. Prices fluctuate wildly, making it challenging to discern genuine trends from fleeting market whims. This is where technical indicators, like the Jurik Moving Average (JMA), come in. The JMA stands out as a revolutionary tool in the MT4 platform, empowering you to navigate market turbulence with confidence. In this comprehensive guide, we’ll delve into the JMA’s world, exploring its functionalities, advantages, and strategic applications within your MT4 trading arsenal. Demystifying Moving Averages Before diving into the JMA’s specifics, let’s establish a common ground. A moving average (MA)…

grandriver Oil and gas industry executive Chris Wright has been chosen to be the next energy secretary, President-elect Donald Trump said Saturday. Wright, the founder and chief executive of Denver-based oilfield services company Liberty Energy Inc. (LBRT), will also serve Source link

By Lisandra Paraguassu BRASILIA (Reuters) – Diplomats from the Group of 20 major economies struggled on Saturday to overcome differences on paying to tackle climate change, taxing the super rich and addressing the Ukraine war as they negotiated a joint statement before their leaders’ summit. The G20 summit in Rio de Janeiro on Monday and Tuesday comes as the United Nations COP29 climate talks enter their second week, with negotiators debating a new goal for how much money richer nations will cough up to confront climate change.  U.N. officials and other delegates in Baku expressed hopes that a strong message…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…

BEIRUT (Reuters) – Israeli airstrikes on the village of Khreibeh in the Baalbek District of eastern Lebanon killed six people on Saturday, including three children, and injured 11 others, the Lebanese health ministry said. Among the injured were five children, two of whom were in critical condition, the ministry said. Strikes earlier on Saturday killed two medics in south Lebanon, including one in Borj Rahal and another in Kfartebnit, and injured four other rescue workers, with two still missing, the ministry said. Israeli airstrikes also targeted areas of the southern suburbs of Beirut controlled by the Iran-backed group Hezbollah for…