Forex News
Chinese economy ends 2014 on a softer tone
On a sequential basis, the Chinese economy expanded by just 1.5%(Q/Q) in Q4,
UK: Time for Carney to write a letter – CPI inflation drops to 0.5%
UK CPI inflation tumbled to just 0.5% in December, the weakest reading since May 2000.
US: strong payrolls, but wages disappoint – jobs report review
Job growth remained brisk in December, reinforcing our view that the economy’s fundamentals are strong enough to
Norway: Below consensus, but in line with Norges Bank
Both retail sales and inflation was somewhat on the downside to consensus.
Crude Oil Technical Analysis
Wednesday’s move to fresh 2015 and 5+ year lows found support marginally
Retail Trade – Nov 2014 – Consumers Easing Back
November’s 0.1% gain was close to market expectations which centred on
US: Downside risk for December payrolls – jobs report preview
S labour market data have been decent, but December job growth will not
Euro area: Negative inflation here to stay for a while
Consumer prices fell by 0.2% y/y in December, while the core rate rose a tad to 0.8%.
Trade Balance – November
The November trade deficit came in a lot smaller than the market had been expecting.