Dollar Gains On Yen In Asia With Caixin China Services PMI Ahead

Investing.com - The dollar gained against the yen in early Asia on Thursday in a light regional data day outside of the Caixin services PMI out of China. USD/JPY changed hands at 112.61, up 0.09%, while AUD/USD traded at 0.7825, down 0.13%. Teh Caixin services PMI for December is expected to com ...

AUD/USD holds steady above 0.78, undeterred by Fed minutes

The AUD/USD found enough buying interest to absorb the Fed-led USD bids coming into the market, allowing the exchange rate to rebound off 0.78, closing the NY session near its daily highs at 0.7830. AUD/USD awaits Caixin China services PMI With the Australian AIG Services Index PMI now out of th ...

Fed minutes reinforce view for three hikes in 2018 – Nomura

According to Nomura's North American Economics Team, today’s minutes reinforce their view for three hikes in 2018, with the first expected in March. Key Quotes Compared to the minutes from the September and October-November meetings, the December FOMC meeting minutes released toda ...

Australia AiG Performance of Services Index rose from previous 51.7 to 52 in December

Mexico stocks lower at close of trade; S&P/BMV IPC down 0.50%

Investing.com – Mexico stocks were lower after the close on Wednesday, as losses in the Telecoms Services, Consumer Staples and Consumer Goods&Services sectors led shares lower. At the close in Mexico, the S&P/BMV IPC fell 0.50%. The best performers of the session on the S&P/BMV IPC ...

WTI edges higher toward $62 post-API report

WTI extends gains in post-settlement trade. Crude oil stocks in the U.S. fell 5 million barrels. After settling at $61.63/bbl with a daily gain of $1.26 on Wednesday, the barrel of West Texas Intermediate stretched higher in the post-settlement trade and rose to its best level since early Ma ...

The Day Ahead: Top 3 Things to Watch

Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow US Labor Market Data in Focus Investors are expected to carefully parse ADP nonfarm employment data, which often serves as a precursor to the monthly nonfarm payrolls data slated for Friday. Economist forecasts ...

United States API Weekly Crude Oil Stock up to -4.992M from previous -6M

Peru stocks higher at close of trade; S&P Lima General up 0.26%

Investing.com – Peru stocks were higher after the close on Wednesday, as gains in the Banking&Financials, Agriculture and Telecoms sectors led shares higher. At the close in Lima, the S&P Lima General rose 0.26% to hit a new 3-years high. The best performers of the session on the S&P ...

FOMC minutes: The inflation debate continues – Rabobank

"The minutes of the December 12-13 meeting of the FOMC confirmed that despite squeezing in a third rate hike before the end of the year, the Committee was still puzzled by low inflation," Rabobank analysts argue. Key quotes Many participants indicated that they expected cyclica ...

Wall Street surges to all-time highs led by energy and technology

CBOE Volatility Index drops 8%. Financials recover Tuesday's losses. Fed expects tax cuts to boost consumer spending. Major equity indexes in the United States advanced to fresh record peaks on Wednesday as the investors' sentiment remained positive following the upbeat macroeconomi ...

S&P 500 Closes Above 2,700 For First Time Ever As Tech, Energy Rally

Investing.com – US stocks closed at record highs on Wednesday as tech and energy stocks remained bullish while data pointing to solid US economic growth stoked investor sentiment on riskier assets. The Dow Jones Industrial Average closed higher at 24922.68. The S&P 500 closed 0.64 ...

Canada stocks higher at close of trade; S&P/TSX Composite up 0.39%

Investing.com – Canada stocks were higher after the close on Wednesday, as gains in the Healthcare, Energy and IT sectors led shares higher. At the close in Toronto, the S&P/TSX Composite gained 0.39% to hit a new all time high. The best performers of the session on the S&P/TSX Composite ...

United States Total Vehicle Sales came in at 17.9M, above forecasts (17.5M) in November