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Prior quarter: 78.5% revised to 78.6%Details:Canadian industries operated at 79.1% capacity in Q2 2024.This is a slight increase from 78.6%...

On the economic calendar today:Canada Capacity Utilization Rate for Q2: Forecast: 78.5%, Previous: 78.5Canada Wholesale Sales m/m: Forecast:...

Headlines:USD/JPY stays pressured as lower yields weighECB's Muller: Temporary acceleration in inflation is likelyECB's Holzmann: There coul...

Prior +6.3%New yuan loans ¥900 billionPrior ¥260 billionChina's bank lending tumbled in July to its lowest in almost 15 years but it seen re...

This will include steep tariff hikes on Chinese EVs, solar cells, semiconductors, and steel among other strategic goods. More specifically,...

Fundamental OverviewCrude oil is finally finding some footing this week as the dip-buyers might be looking forward to the Fed’s easing...

Prior -0.1%; revised to 0.0%The drop here fits with the continued softness in the euro area industrial sector, led by the struggles in Germa...

FundamentalOverviewYesterday, around 1:00 PMET, WSJ’s Timiraos published an article which seemed like suggesting that a 50bps cut is stil...

10-year yields in the US are now down by 5.5 bps to 3.625% and that is weighing further on USD/JPY today. The pair is now down 1% to fresh l...

Eurostoxx +0.42%Germany DAX +0.27%France CAC 40 +0.29%UK FTSE +0.14%Spain IBEX +0.33%Italy FTSE MIB +0.14%The mood in the market remains bro...

Will raise the retirement age for men to 63 - effective January 1, 2025.Will raise retirement age for white collar female workers to 58 - ef...

Prior +2.3%HICP +2.2% vs +2.2% y/y prelimPrior +2.7%Headline prices are showing a slowdown compared to July. However, core annual inflation...

There is arguably just one to take note of on the day, as highlighted in bold.That being for AUD/USD at the 0.6740 level. It isn't one that...

If the Fed wants to organise things in an orderly manner, the market sure isn't letting them do so. The odds of a 50 bps rate cut dwindled a...

The strike will begin at midnight Pacific Time or in just under two-and-a-half hours from now. Boeing's US factory workers have rejected the...

No economist predict the BOJ would raise rates in September28 of 52 economists (~54%) expect the BOJ to raise rates by year-endMedian predic...

China data this weekend: Will housing prices show signs of stabilization?Former New York Fed President Dudley sees a strong case for 50bp in...

I posted earlier on the data coming from China this weekend:Critical data coming for AUD/USD ... this weekend! (Spoiler - China data)All of...

Dudley was president and chief executive officer of the Federal Reserve Bank of New York from January 27, 2009, through to 2018. He also ser...

The Federal Reserve is in its blackout period, which means no communication from Fed officials on their outlook for monetary policy. Going i...

I posted earlier this week on Ftich analysts on the FOMC:Fitch says the coming Federal Reserve easing cycle will be mild and slowFitch now o...

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitte...

What a trend for gold. I posted this geopol stuff earlier, if this isn't a good case for gold I don;t know what is:Putin warns that lifting...

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible...

Updating USD/JPY in the abscense of any news nor data out of Japan. Just continued JPY volatility (buying really!).We visited under 141.00 e...