TenkoFX - Analytics
TenkoFX
It’s Non-farm Payrolls day. Market consensus expects the US economy to have added 175K jobs during last month, leaving behind May’s miserable 38K print, while the unemployment rate i...
The USD/CAD pair once again got rejected from just above 100-day SMA and has now turned down to currently trade in negative territory around 1.2990-95 region.A tepid bounce in crude ...
Research Team at BBH, notes that Canada reports June jobs data and the consensus is for a 5k change in net employment, down from 13.8k in May. Key Quotes“Last month’s reading was unb...
Peter Schaffrik, Chief European Macro Strategist at RBC Capital Markets, suggests that the UK’s vote to exit the EU has made Bunds even richer and has exacerbated a problem that has ...
Research Team at BBH, suggests that the next UK Prime Minister will be the first woman since Margaret Thatcher as the two top vote-getters amongst Tory parliamentarians were Theresa ...
Zach Pandl, Research Analyst at Goldman Sachs, forecasts that the US nonfarm payroll growth rebounded to +210k n in June from just +38k in May.Key Quotes“In part the pickup reflects ...
Research Team at TDS, suggests that in Canada, several individual industries are poised to reverse recent declines and are forecasted to drive the creation of a respectable 20k jobs ...
The current pullback in GBP/USD seems over-extended in the near term, according to the research team at UOB Group.Key Quotes“GBP moved above the 1.3020 resistance (high of 1.3048) be...
Gold has managed to recover majority of its early losses and is now heading back towards $1360 level as we head towards the crucial release of US non-farm payrolls data, later during...
According to Hargreaves Lansdown, the UK.-based investment providing platform, financial markets are pricing in a 78% chance of an interest rate cut from the Bank of England (BOE) at...