10 hours ago | November 26th, 2014 16:04:07 GMT

EUR/USD climbs to fresh session high

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A well-known NY thinktank was out with a report earlier saying the ECB won’t take action next week although they could use some stronger language to indicate sovereign QE or other action could be coming. To me, it’s a given … Continue reading

11 hours ago | November 26th, 2014 15:30:10 GMT

US DOE crude oil inventories +1946K vs +220K expected

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Prior reading was 2608K API numbers yesterday showed a 2.8m barrel build so the market was likely expecting a much larger build than the consensus indicated. The API numbers have done an excellent job of predicting official inventories lately.

11 hours ago | November 26th, 2014 15:00:08 GMT

US Oct new home sales 458K vs 471K exp

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Prior reading was 467K (revised to 455K) 5.6 months supply vs 5.5 previously Oct median sale price hits record $305K, up 15.4% y/y There has been a flood of economic data today ahead of the US Thanksgiving holiday. Trading will … Continue reading

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