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Recent Posts by davin

Germany’s current account fell from €18.6 billion to €14.8 billion recently.

Germany’s current account shrank in October, highlighting economic concerns in Europe, while the UK faces a potential recession. Meanwhile, gold and copper prices rise amid industrial demand amid US market shifts. – vtmarketsmy.com

In October, Canada’s wholesale sales surpassed expectations with a 0.1% monthly increase.

Canada’s wholesale sales unexpectedly rose, signaling market resilience. Commodities like gold and copper hit new highs, while currencies reacted to evolving monetary policies. Market strategies suggest opportunity amidst volatility. – vtmarketsmy.com

Actual Canada building permits in October rose by 14.9%, surpassing the forecast of -1.2%

Canada’s October building permits surged 14.9%, defying expectations and indicating strong construction sector confidence. This data may influence interest rates, supporting the Canadian dollar and boosting related sectors. – vtmarketsmy.com

Canada’s capacity utilisation fell short of expectations in the third quarter, reaching only 78.5%

Canada’s economy is slowing, presenting opportunities for bearish positions on the loonie amidst poor retail sales. Global currencies show mixed trends, while gold and silver spike amid inflation fears. – vtmarketsmy.com

Austan Goolsbee, president of Chicago’s Fed, suggested that a delay could have provided insights into stable growth.

Austan Goolsbee emphasizes the need for caution in cutting interest rates despite prolonged inflation. With stable economic indicators, he suggests waiting until 2026 to avoid prolonged inflation risks, amidst market volatility. – vtmarketsmy.com

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