Month: December 2017

• 
  Canada October building permits +3.5% vs +1.0% expected

  Building permit value data from StatsCan - Prior was +3.8% (revised to +4.9%) - Residential +2.3% - Non-residential +5.5% That's a healthy increase in permits[...]
  2017-12-07 20:47:12

---

• 
  US initial jobless claims w-e 2 Dec 236k vs 240k exp

  Latest US weekly jobless claims report now out 7 Dec - 238k prev - 4-week moving average was 241,500, a decrease of 750 from the[...]
  2017-12-07 20:47:12

---

• 
  Bill Gross on one reason asset managers won't sell stocks

  Bill Gross on the problem with bonds If you take virtually any other long-term bull market in US history, one consistent thing is that bond[...]
  2017-12-07 20:47:12

---

• 
  USD/CAD still has some work to do to recoup jobs move. What comes next

  USD/CAD has nearly recovered last Friday's drop Gaps and big, straight-line moves are the most-interesting technical formations. They're usually the intersection of technical analysis and news.[...]
  2017-12-07 20:47:06

---

• 
  Six major worries about Bitcoin futures at the CME

  The CME contract will launch December 18 The CFTC gave its blessing to Bitcoin futures and the CBOE contract will launch this week and the[...]
  2017-12-07 20:47:06

---

• 
  Canada November Ivey PMI 63.0 vs 62.5 expected

  Canada manufacturing PMI data - Prior was 63.8 This is a terrible indicator. It's best to ignore it. Copyright 2015 Forexlive.com
  2017-12-07 20:47:06

---

• 
  Cable climbs after EU commissioner says Brexit talks making progress

  Upbeat comments on negotiations Oettinger said there has been noticeable progress on the divorce bill and that they're only a few billion apart. He also[...]
  2017-12-07 20:47:06

---

• 
  DUP says talks with UK government continuing on Thursday

  No breakthrough yet - DUP says talks continuing Thursday - DUP leader Foster will go to London if there is agreement with the UK government;[...]
  2017-12-07 20:47:06

---

• 
  Global regulators complete Basel III capital framework

  Big news for regulators The Basel committee agreed on the Basel III packaged, including the output floor. This has been a long-term effort to overhaul[...]
  2017-12-07 20:47:06

---

• 
  Goldman Sachs expects US to announce NAFTA pullout

  Goldman Sachs expects announcement in the next few months US demands in NAFTA negotiations are impossible for Canada and Mexico to accept. The positions will[...]
  2017-12-07 20:47:06

---