The Canadian Dollar weakens against the US Dollar following disappointing employment data. Statistics Canada reported that the Canadian economy shed 40,800 jobs in July, falling…
According to a Bloomberg survey, OPEC production fell slightly in July to 28.31 million barrels per day, Commerzbank’s commodity analyst Carsten Fritsch notes. Problem of…
Preliminary China’s Customs data showed strong domestic demand for industrial metals. Imports of unwrought Copper rose 9.1% YoY (+4.3% MoM) to 480kt in July, ING’s…
Broad-based contraction across sectors in July; all sub-indices were lower than in June. Sharp decline in the US dragged down the aggregate amid reduced tariff-related…
The ISM Manufacturing PMI ticked lower to 48.0 in July, missing consensus. The US Dollar remains well on the defensive, revisiting two-day lows. In July,…
Nonfarm Payrolls (NFP) in the United States (US) rose by 73,000 in July, the US Bureau of Labor Statistics (BLS) reported on Friday. This reading…
Annual inflation in Germany remained unchanged at 2% in July. EUR/USD stays in positive territory near 1.1450 in the early American session. Inflation in Germany,…
Australian inflation rose at a slower pace in the second quarter of the year. Upbeat United States data boosted demand for the Greenback as the…
US ADP Employment Change came in above the market expectation in July. US Dollar Index stays in positive territory above 99.00. Private sector employment in…
The Federal Reserve is expected to leave the policy rate unchanged for the fifth consecutive meeting. The statement language and comments from Fed Chair Powell…