Japan Tertiary Industry Index (MoM): 0.9% (October) vs 0.3%
Japan Tertiary Industry Index (MoM): 0.9% (October) vs 0.3%
Silver Price Forecast: XAG/USD bounces off 100-hour SMA; sticks to gains near $62.50

Silver (XAG/USD) attracts fresh buyers at the start of a new week and reverses a part of Friday’s retracement slide from the all-time peak, around the $64.65 region.
Silver Price Forecast: XAG/USD bounces off 100-hour SMA; sticks to gains near $62.50

Silver (XAG/USD) attracts fresh buyers at the start of a new week and reverses a part of Friday’s retracement slide from the all-time peak, around the $64.65 region.
AUD/USD trades lower around 0.6650 amid unexpectedly weak China data

The AUD/USD pair trades 0.10% lower to near 0.6645 during the Asian trading session on Monday. The Aussie pair is under pressure as the National Bureau of Statistics of China has reported unexpectedly weak Chinese Retail Sales and Industrial Production data for November.
AUD/USD trades lower around 0.6650 amid unexpectedly weak China data

The AUD/USD pair trades 0.10% lower to near 0.6645 during the Asian trading session on Monday. The Aussie pair is under pressure as the National Bureau of Statistics of China has reported unexpectedly weak Chinese Retail Sales and Industrial Production data for November.
NZD/USD declines below 0.5800 on weak Chinese data

The NZD/USD pair loses ground to around 0.5780 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) weakens against the US Dollar following the downbeat Chinese economic data.
NZD/USD declines below 0.5800 on weak Chinese data

The NZD/USD pair loses ground to around 0.5780 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) weakens against the US Dollar following the downbeat Chinese economic data.
RBNZ’s Breman: Economic outlook has evolved broadly similar to MPC’s expectations

Reserve Bank of New Zealand (RBNZ) Governor Anna Breman said on Monday that the economic outlook has evolved broadly in line with the Monetary Policy Committee’s expectations, with signs continuing to emerge that growth is recovering.
RBNZ’s Breman: Economic outlook has evolved broadly similar to MPC’s expectations

Reserve Bank of New Zealand (RBNZ) Governor Anna Breman said on Monday that the economic outlook has evolved broadly in line with the Monetary Policy Committee’s expectations, with signs continuing to emerge that growth is recovering.
China Retail Sales (YoY) registered at 1.3%, below expectations (2.9%) in November
China Retail Sales (YoY) registered at 1.3%, below expectations (2.9%) in November
China Retail Sales (YoY) registered at 1.3%, below expectations (2.9%) in November
China Retail Sales (YoY) registered at 1.3%, below expectations (2.9%) in November
Breaking: China’s November Retail Sales increase 1.3%, Industrial Production up 4.8%

China’s Retail Sales rose 1.3% year-over-year (YoY) in November vs. 2.9% expected and 2.9% in October, the latest data released by the National Bureau of Statistics (NBS) showed Monday.
Breaking: China’s November Retail Sales increase 1.3%, Industrial Production up 4.8%

China’s Retail Sales rose 1.3% year-over-year (YoY) in November vs. 2.9% expected and 2.9% in October, the latest data released by the National Bureau of Statistics (NBS) showed Monday.
Disney becomes OpenAI’s newest partner

The streaming giant Disney has announced earlier this week a $1bn equity investment in the AI prodigy OpenAI, becoming the latest colossus to jump on the artificial intelligence bandwagon. OpenAI’s video generation engine, Sora, raised eyebrows since its launch in December of 2024 and has amassed a large audience, not only from end-users, but also […]
United Kingdom Total Trade Balance: £-4.824B (October) vs previous £-1.094B
United Kingdom Total Trade Balance: £-4.824B (October) vs previous £-1.094B
United Kingdom Trade Balance; non-EU down to £-10.255B in October from previous £-6.816B
United Kingdom Trade Balance; non-EU down to £-10.255B in October from previous £-6.816B
Turkey Current Account Balance came in at $0.457B, above forecasts ($0.4B) in October
Turkey Current Account Balance came in at $0.457B, above forecasts ($0.4B) in October
United Kingdom Index of Services (3M/3M) below forecasts (0.1%) in October: Actual (0%)
United Kingdom Index of Services (3M/3M) below forecasts (0.1%) in October: Actual (0%)
Fed in focus, 25bps rate cut almost fully priced in

Without a shadow of a doubt, the theme with the outmost importance for the day is the Federal Reserve’s final interest rate decision for 2025 and the ancillary data that comes alongside it. Money markets have grown increasingly confident that the central bank will have no other choice but to slash its key policy rate […]
EUR/USD: Advance in EUR from late last month has ended – UOB Group

Euro (EUR) is under mild downward pressure and could edge lower and test 1.1600; a clear break below this level is unlikely.