Titus

After reporting a substantial rebound in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Tuesday showing housing starts pulled back by much more than expected in the month of March. The Commerce Department said housing starts plummeted by

Summary March retail sales handily exceeded expectations with various measures of core spending rising the most in a year or more despite sharp upward revisions. This is not the sort of spending associated with falling prices and brings upside risk to our 2.3% forecast for Q1 consumer spending. Surg

TD Securities analysts preview the upcoming data releases from China. Authorities may step up more fiscal action soon "We expect China industrial production and retail sales to miss to the downside in March despite the seemingly upbeat March PMIs. We pencil in a 5.1% y/y growth in industrial product

While the immediate market reaction to the weekend's events in the Middle East has been relatively muted, the complex interplay of geopolitical stability, supply risks, and strategic reserves continues to shape the global oil markets. The situation remains fluid, with potential for significant marke

A summer rate cut by the Fed hangs in the balance amid persistent inflation. Rate cut bets have been scaled back from more than six to around two. But limited fallout on Wall Street; can the risk rally survive no rate cuts? Waiting for the elusive rate cut Ever since the Fed signalled it was done hi

Continued placement of EUR/JPY above key SMA levels shows strong bullish sentiment. The daily chart indicators reveal a loss of the bullish momentum. The hourly RSI and rising MACD depict short-term buyers' shift to regain momentum. The pair's approach towards the key SMA level at 163.09 raises the

Indian shares were seeing modest gains in cautious trade on Wednesday ahead of the release of key U.S. inflation readings and the minutes of Fed's March policy meeting. The benchmark S&P BSE Sensex rose 238 points, or 0.3 percent, to 74,921 in early trade, while the broader NSE Nifty index was u

EUR/USD is captive to a range as traders await the next market mover, the US CPI data on Wednesday. US inflation expectations are high while US Treasury yields have made a new high for the year. The pair is trading within a narrow range between the 50, 100 and 200-day Simple Moving Averages. EUR/USD