Market News
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United States New Home Sales Change (MoM) climbed from previous -10.5% to 6.4% in August
United States New Home Sales Change (MoM) climbed from previous -10.5% to 6.4% in August
Canada: Revised demographics reshape growth view – RBC
Royal Bank of Canada economist Rachel Battaglia explains that Statistics Canada’s upward revision to population data has erased earlier signs of negative growth and now shows Canada’s population rising 0.5% year-over-year in Q2.
Fed’s Hammack warns persistent inflation could make return to target harder
Cleveland Federal Reserve (Fed) President Beth Hammack warned on Thursday that inflation remains elevated in the United States (US), stressing that persistent price pressures could make the Fed’s task increasingly difficult.
Germany: Cyclical resilience versus structural risks – ING
ING’s Carsten Brzeski highlights that Germany’s IFO index has risen for five consecutive months, pointing to a cyclical rebound and unexpected resilience in the German economy.
USD/CHF Price Forecast: RSI nears overbought territory as bulls remain in control
USD/CHF climbs to its highest level since May 2025 on Thursday as the Swiss Franc (CHF) weakens across the board following the Swiss National Bank’s (SNB) decision to leave its policy rate unchanged at 0%.
Russia Central Bank Reserves $ above expectations ($0B): Actual ($748.2B)
Russia Central Bank Reserves $ above expectations ($0B): Actual ($748.2B)
Belgium Leading Indicator above forecasts (-13.5) in September: Actual (-12.1)
Belgium Leading Indicator above forecasts (-13.5) in September: Actual (-12.1)
Euro: Downside risks for EUR against US Dollar – Rabobank
Rabobank's Senior FX Strategist Jane Foley discusses EUR/USD trading near its yearly lows despite consensus forecasts that had expected the pair around 1.18–1.20 in late 2026.
Silver price falls as Fed hawkish outlook drives US yields higher
Silver (XAG/USD) extends its decline on Thursday, falling 1.23% to trade around $63.65 at the time of writing. The precious metal comes under heavy selling pressure as increasingly hawkish expectations surrounding the Federal Reserve (Fed) push United States (US) Treasury yields sharply higher.
Swedish Krona: Riksbank hawkish hold backs currency – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad reports the Swedish Krona (SEK) rallied after the Riksbank delivered a hawkish hold, keeping rates unchanged but signaling more tightening ahead.
US Initial Jobless Claims dropped to 197K last week
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance decreased to 197K for the week ending September 19.
United States Current Account registered at $-246B above expectations ($-255B) in 2Q
United States Current Account registered at $-246B above expectations ($-255B) in 2Q
United States Continuing Jobless Claims registered at 1.719M, below expectations (1.75M) in September 11
United States Continuing Jobless Claims registered at 1.719M, below expectations (1.75M) in September 11