US – Prelim GDP q/q The US preliminary GDP for Q3 rose 3.2%, compared to a market estimate of 3.0%, the highest quarterly growth in two years. US – CB Consumer Confidence After...
Read moreEU – ECB President Draghi Speaks While speaking at the European Parliament’s Committee on Economic and Monetary Affairs, the ECB president made the following statements: “TheEuro-Zone...
Read moreAnother week, another momentum driven rally in the dollar and indices. There has been some staggering returns on some stocks. Take Teck Resources as an example, which is exposed to copper, coal...
Read moreUS – Goods Trade Balance The US October trade in goods resulted in a higher deficit of $62B, compared to an upwardly revised -56.5B deficit in September. This broke a four-month steady...
Read moreUS – FOMC Meeting Minutes According to the released FED minutes of their November meeting officials saw a strengthening case to raise interest rates as the labor market tightened, with some...
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