This is expected with the way deportation drive is being done, if you have issues with documentation, you better stay away. The effects will be felt latet

US Unemployment Insurance Weekly Claims Report

Buy the rumour, sell the news kind of story By next week, likely no hike, the dive down already spent. Then we may see a reversal

Majority Of BoJ Board Members Likely To Vote For Rate Hike Next Week - Nikkei

He was appointed by Trump about 5 years ago. We need to remember that. May be Powell also need to be reminded, otherwise, that should have been his 1st line of response. Why would he now fire him now

US central bank boss says Trump can't fire him

I think USD will have a comeback Market normally like to have legroom to move, having being moving against the $ these past few days could mean a reversal It won't be a surprise if it just a range movement of 50 to 80 pips (big breakout not looking ...

25 or 50? That is the question we want to ask the Fed today

If this is true, then US cook more figures than the much maligned China. Unless they are trying to push for rate cuts through intentionally orchestrated leaks (which might not be correct)

Fed Confronts Up to a Million US Jobs Vanishing in Revision

If it is a survey, then it is a manipulated survey Now more revision for past months when the reaction would have been so much more different, it may mean that USD would not have been this elevated if it has reported the right figures at those time. ...

The US Employment Situation -- July 2024

If translated in simple version One more cut in 2024 is certain, whether additional one will be needed is what is the contention. Most of the time it really doesn't matter in the long run, they could do another cut and the Euro rally like 150 pips ...

ECB officials consider if only one more cut is feasible in 2024

The fact that Japan Central Bank delivered a major change ahead of Fed announcement tomorrow is truly amazing. Some took their positions and must have closed their trades by now.

BOJ to end yield curve control and ETF purchases Tuesday - Nikkei

The rumour mill are masters of showing the wrong direction, even the forecasts is still at -0.10% If it doesn't go the way they are saying, it is your money that may be burnt. Funny enough, they may hit their Take Profit with their rumour shaking ...

BOJ to end yield curve control and ETF purchases Tuesday - Nikkei

The result was 3.1% If the forecast had been 3.3% from a previous of 3.4%, then the fireworks could have been subdued. So sometimes, these forecast are deliberate, in the past 12 months, when did we have about 0.5% drop in Y/y CPI

US consumer price index (CPI) for January 2024 is projected to rise 2.9% year-over-year

This Forecast looks like a setup to boost USD, last month, the projection was 3.2%, came out better at 3.4% Are we now expecting a drop of 0.5% in 1 month, knowing that better than expected could likely add fuel to USD. I would have expected that ...

US consumer price index (CPI) for January 2024 is projected to rise 2.9% year-over-year

You prediction is not likely to come through unless NFP goes through the roof. Below 1.2600 seems a bit far now that we are closer to 1.2750 You at least need to earn your wages

US Dollar Forecast: GBP/USD Vulnerable on Close Below 50-Day SMA

+ve revision has been consistent, seems they intentionally under report to achieve a purpose

UK: Recovery in private sector output gains momentum in January

Will they allow it? I doubt There is always last minute resolution, no party want the record that Govt was shut down during our time.

Government shutdown would delay release of key economic data, including jobs report: official

Where the data so bad? Beside the unemployment claims, all the CPI data were not bad, the problem was the forecast. CPI Y/Y has been declining steadily since July 2022, this is the 1st month that stemmed the falling slide. If monthly forecasts has ...

Unemployment Insurance Weekly Claims

This data has consistently for sometime now beaten forecast. Quite intriguing that forecast has always been low, more like a trigger for movement

High points for economic data scheduled for July 31 week

Not supporting stupidity, but Govt has not shown better example. The Debt Celling has become a joke that is not representing what is meant to be. Rather than it being a Ceiling, it is viewed and treated like a VEIL that is removed and replaced.

Personal Income and Outlays, June 2023

That is why we have them as BULLS & BEARS Seeing things from different angles, but describing same situation.

US Federal Reserve likely to lift interest rates to 22-year high

The truth of the matter is that there is increase M/M What we have is the forecast was a bit high, so created a negative result. The good part is that this is a setup for reversal trades for those that could not join the rally party. CPI M/M is 0.2, ...

Consumer Price Index - June 2023

Core forecast was 0.3 in May and it printed 0.4 while in March we had 0.5 against a forecast of 0.4 Not saying that we could have a deviation, just that last 4/5 most months have not been as forecasted

Labour market overview, UK: June 2023