US November business inventories -0.2% vs -0.2% expected
November business inventories
- Prior was +0.2% (revised to +0.1%)
- Inventory to sales ratio 1.39 vs 1.40 prior
- Business sales +0.7% vs -0.2% exp
- Retail inventories ex autos -0.2%
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Must Read
Technical Analysis
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European major indices close with gains
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USDCHF trades to a new 2020 high, but backs off
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Broader US stock indices give up gains. S&P and NASDAQ now trading in the red
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USDJPY retest the 100 hour moving average for the 3rd time today
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Major indices open with solid gains but as earnings not scaring investors
Forex Orders
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FX option expiries for Wednesday January 29 at the 10am NY cut
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FX option expiries for Tuesday January 28 at the 10am NY cut
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FX option expiries for Monday January 27 at the 10am NY cut
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FX option expiries for Friday January 24 at the 10am NY cut
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FX option expiries for Thursday January 23 at the 10am NY cut
Central Banks
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What did the Fed say in the December 2019 statement?
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Breaking down the FOMC decision
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ECB's Rehn: We have not run out of monetary policy tools
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BOJ's Kuroda: Still continuing efforts to hit 2% inflation target as soon as possible
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AUD slow move higher. RBA rate cut expectations have been pared back, but not by everyone.
