Early Tuesday, the UK’s Office for National Statistics (ONS) will release the October month Claimant Count figures together with the Unemployment Rate in the three months to September at 07:00 AM GMT. The UK labor market report is expected to show that the average weekly earnings, including bonuses, in the three months to September, to [...]
An official from the Japanese Finance Ministry said on Monday, they will keep monitoring the forex developments with a sense of urgency. The official, however, said that he cannot comment on the reasons behind FX moves, on the US election impact as well as on the level of FX itself. Business sentiment of Japanese manufacturers [...]
Fundamental view: Bitcoin rose in the last week an reached 15700 level. According to crypto analytics platform Messari, Bitcoin has now spent more than 20 days above the $15,000 barrier. Now U.S. presidential candidate Joe Biden is six electoral votes away from victory, with officials continuing to count ballots in Georgia, Pennsylvania, North Carolina, Arizona, and Nevada. [...]
Fundamental view: Gold started the week on a strong footing and preserved its bullish momentum with the USD struggling to find demand throughout the week. With the early results from exit polls showing that US President Donald Trump was performing much better in the presidential race than what the polls suggested allowed USD to gather [...]
