Forex Top Story


preview3 05dec22 Retail sales and final Purchasing Managers' survey results from the euro area are the top economic data due on Monday, headlining a busy day for the European economic news. At 3.00 am ET, retail sales from Hungary and real wages from the Czech Republic are due.

dollar 080219 02dec22 The U.S. dollar firmed against its major counterparts in the European session on Friday, as the nation's job growth exceeded expectations in November, putting pressure on the Federal Reserve to continue raising rates in coming months. Data from the Labor Department showed that non-farm payroll employment...

nonfarm payroll 120222 A closely watched report released by the Labor Department on Friday showed employment in the U.S. increased by more than expected in the month of November. The report said non-farm payroll employment jumped by 263,000 jobs in November after surging by an upwardly revised 284,000 jobs in October.

germanytrade1 dec09 02dec22 Germany's exports declined for the second month in a row, as the global demand continued to be damped by high inflation and supply chain disruptions, and the biggest euro area economy is near recession. Yet, the trade surplus increased notably due to the sharp decrease in imports. Shipments logged a monthly drop of 0.6 percent, following September's 0.7 percent decrease.

preview nov05 02dec22 Foreign trade from Germany and industrial production from France are the top economic news due on Friday. At 2.00 am ET, Destatis is scheduled to issue Germany's foreign trade and import price figures for October. Exports are forecast to fall 0.3 percent on month, slower than the 0.5 percent decrease in September.

The U.S. dollar lost ground against its major counterparts on Thursday, weighed down by Fed Chair Jerome Powell's comments signaling a slower pace of rate hikes from this month.

construction spending 120122 The Commerce Department released a report on Thursday showed U.S. construction spending decreased in line with economist estimates in the month of October. The report said construction spending fell by 0.3 percent to an annual rate of $1.795 trillion in October after inching up by 0.1 percent to a revised rate of $1.800 trillion in September.

ism pmi 120122 Activity in the U.S. manufacturing sector contracted for the first time in over two years in the month of November, according to a report released by the Institute for Supply Management on Thursday. The ISM said its manufacturing PMI slipped to 49.0 in November from 50.2 in October, with a reading below 50 indicating a contraction.

personal income 120122 The Commerce Department released a report on Thursday showing U.S. personal income increased by more than expected in the month of October. The report said personal income climbed by 0.7 percent in October after rising by 0.4 percent in September. Economists had expected another 0.4 percent increase.

jobless claims 120122 A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits pulled back by more than expected in the week ended November 26th. The report said initial jobless claims fell to 225,000, a decrease of 16,000 from the previous week's revised level of 241,000.

eurozonepmi aug01 01dec22 Eurozone manufacturing activity continued its downward trend in November but the rates of decline in output and new orders were less aggressive than seen a month ago, final data from S&P Global showed on Thursday. The final manufacturing Purchasing Managers' Index rose to a two-month high of 47.1 in November from 46.4 in the previous month. The flash reading was 47.3.

ukhouseprices nov29 01dec22 UK house prices posted its biggest decline since June 2020 reflecting the loss of momentum in the property market amid the stretched housing affordability, data published from the Nationwide Building Society showed Thursday. House prices dropped by a more-than-expected 1.4 percent on a monthly basis in November, after easing 0.9 percent in October.

preview oct16 01dec22 House prices from the UK and final factory Purchasing Managers' survey results from the UK and other major euro area economies are the top economic news due on Thursday. At 2.00 am ET, UK Nationwide house price data is due. House price inflation is seen easing to 5.8 percent in November from 7.2 percent in October.

chinamanufacturing july01 01dec22 China's manufacturing sector continued to contract in November due to the sustained reductions in output and sales, a closely watched survey showed on Thursday. The Caixin manufacturing Purchasing Managers' Index rose moderately to 49.4 in November from 49.2 in October, data published by S&P Global revealed.

bankofkorea july18 25aug22 South Korea's gross domestic product expanded a seasonally adjusted 0.3 percent on quarter in the third quarter of 2022, the Bank of Korea said in Thursday's final reading - in line with expectations following the 0.7 percent growth in the three months prior. On an annualized basis, GDP climbed 4.1...

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