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After ADP, Payrolls rise expected barring any surprises with tomorrow’s claims

The lean 167k July ADP payroll rise undershot our 1,900k private BLS payroll estimate with a 2,600k total BLS payroll gain. We also saw...

Canada’s CPI slowed – Steady Loonie?

Canada's CPI slowed to a -0.4% y/y rate in May, contrary to expectations for little change (median +0.1%) after the -0.2% y/y contraction in...

US futures are little changed ahead of Powell

Positive headlines on an experimental vaccine and upbeat comments from Fed Chair Powell helped to boost investor confidence yesterday and so far today, with...

Downside Risks for US Retail Sales

Data starts to pick up with CPI today, along with Retail Sales and Industrial Production on Friday. The April Retail Sales are anticipated to...

FX Update | 28 April

Commodity currencies have seen moderate losses against the Dollar and other main currencies against a backdrop of sputtering low-volume stock market trading and a...

FX Action for April 22

Outside a jump in the Aussie most currencies have been stable so far today, holding relatively narrow ranges against a backdrop of steadying stock...

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