Cliff Notes: The Detail Matters – Action Forex
Key insights from the week that was. While the RBA’s decision to leave the cash rate unchanged at 4.35% was widely anticipated, there were noteworthy shifts in language in the …
Markets Weekly Outlook – Central Bank Focus as US Inflation Looms – Action Forex
US Jobs report all but confirms a December rate cut, with markets pricing in an 80% probability. Nasdaq nears 22,000 as US equities continue their strong performance, with the S&P …
The Weekly Bottom Line: Data Clears the Path for the Rate Cut in December – Action Forex
Canadian Highlights The odds of a 50 basis-point rate cut rose to 80% as the unemployment rate ticked up to its highest level since January 2017 (excluding the pandemic). There …
Bank of Canada to Cut Interest Rates Again by 50 Basis Points – Action Forex
We expect the Bank of Canada’s final policy decision of 2024 on Wednesday to be another 50 basis point interest rate cut—adding to a 50 bps cut in October and …
Weekly Economic & Financial Commentary: The Song Remains the Same – Action Forex
Summary United States: The Song Remains the Same Incoming economic data continue to illuminate pockets of stress in the U.S. economy. The unwinding of strikes and hurricane effects lifted nonfarm …
Weekly Focus – Cutting Cycle Continues – Action Forex
This week, we published our macroeconomic projections for the global economy and the Nordics. In the euro area, we expect growth to slowly increase during 2025, but the near-term outlook is weak. We …
Week Ahead – Central Bank Bonanza Begins, US CPI Eyed Too – Action Forex
Last policy decisions of 2024 to shape market mood RBA, BoC, SNB and ECB are on the agenda US CPI report to be crucial too as Fed undecided RBA to …
The Care Economy Slow Lane – Action Forex
Weak household income is being masked by an expansion in non-market care economy. The implications for productivity are often misunderstood, meaning the end of that transition could come as a …
Cliff Notes: Growth Headwinds – Action Forex
Key insights from the week that was. Australia’s Q3 National Accounts disappointed expectations with GDP up just 0.3% (0.8%yr) as the gap between public and private demand widened – the …
French Politics Hangs in the Balance – Action Forex
In focus today Attention shifts to French politics as the minority government faces a crucial test in passing a social security bill, which could trigger a no-confidence vote against the …
Canada's Labour Market Underperformance to Continue Ahead of BoC, Fed Meetings – Action Forex
Canadian and U.S. jobs reports on Friday will highlight the growing underperformance of the Canadian labour market compared to the U.S. We expect Canadian employment edged up 10,000 with the …
Week Ahead – Traders Lock Gaze on NFP after Thanksgiving Holiday – Action Forex
Will the NFP data corroborate bets of a Fed pause? Loonie traders await employment numbers as well Australia’s GDP to verify whether bets of May RBA cut are realistic Euro …