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German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

FxWirePro: Daily Commodity Tracker - 21st March, 2022

U.S. weekly jobless claims unexpectedly decrease

U.S. vehicle sales fall again in November

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

Australian economic growth recovers strongly in Q3 2020

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

Malaysian headline inflation falls further in October, likely to remain negative in 2020

Swedish economic sentiment indicator rises in November

Swiss franc likely to gradually depreciate against euro in coming months

U.S. durable goods orders sustain robust growth

U.S. existing home sales decline in August

United States building permits

U.S. existing home sales rise above expectations in October

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Firm US dollar puts brakes on oil price rise

Friday, October 23, 2015 12:19 PM UTC

The oil price yesterday failed to profit from the increased risk appetite among investors due to the possible expansion of liquidity by the ECB. Greater weight was clearly attributed to the firm US dollar.

The US gas price has also been under considerable pressure ever since the late summer and has now fallen to its lowest level since June 2012. 

"The extreme pessimism displayed by investors threatens to result in a massive short-term price recovery, especially if the upcoming heating season in the US entails particularly high demand. New figures showing drilling activity in the US oil and gas sectors will be published this evening", says Commerzbank. 

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