America’s Roundup: Dollar steadies near 16-month high, Gold drops to near 3-week low, Oil rises 3% to one-week high after U.S. taps emergency reserves-November 24th,2021
Market Roundup
•Canada Corporate Profits (QoQ) 2.8% ,-0.4% previous
•US Redbook (MoM) 15.4%,-17.2% previous
•US Nov Markit Composite PMI 56.5,57.6 previous
•US Manufacturing PMI 59.1,59.0 forecast, 58.4 previous
•US Nov Services PMI 57.0,59.0 forecast, 58.7 previous
•US Nov Richmond Services Index 8,9 previous
•US Nov Richmond Manufacturing Index 11,12 previous
Looking Ahead Economic Data (GMT)
•06:00 Australia Construction Work Done (QoQ) (Q3) -3.1% forecast, 0.8% previous
•06:00 Japan Nov Manufacturing PMI 53.2 previous
•06:00 Japan Nov Services PMI 50.7 previous
• 06:30 New Zealand RBNZ Interest Rate Decision 0.75% forecast, 0.50% previous
•10:30 Japan BoJ Core CPI (YoY) 0.6% previous
Looking Ahead – Events, Other Releases (GMT)
• No significant events
Currency Summaries
EUR/USD: The euro edged higher against dollar on Tuesday as better than expected…
