Economic Indicators

Mexican unemployment rate 4.00% forecast vs. 4.10%

The Mexican unemployment rate rose unexpectedly last month, official data showed on Monday. In a report, Insituto Nacional de Estadistica Y Geografia said that the Mexican unemployment rate rose to a seasonally adjusted annual rate of with an annual rate of 4.10%, from 4.00% in the preceding month. Analysts had expected the Mexican unemployment rate to remain unchanged at 4.00% last month.

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Dollar at most 8 months against rivals

The dollar remains up against the other major currencies this Monday, buoyed by expectations of a rate hike before the end of 2016. EUR / USD is stable at 1.0876, close to the seven-month low of 1.0857. The greenback was strengthened following statements by New York Fed President William Dudley made last week, according to which the US central bank will increase interest rates during the yea...

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Dollar close to 9-month highs for higher rate hike possibilities

The dollar remains close to the highs of the last nine months with increasing chances for a rate hike. The dollar index was up 0.10% at 98.74, close to the highest levels reached in early February. The greenback touched 104.50 Yen while the Euro remains below 1.09 Dollars. Charles Evans, a Fed member without voting rights, said he sees three increases possible in 2017 if the data remain p...

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Falling Gold futures during the U.S. session

Gold futures are down in the U.S. session on Monday. In the Comex division of the New York Mercantile Exchange, Gold futures for December are traded at US $ 1,264.00 per troy ounce, a value that drops 0.29% at the time of writing. Previously traded at the lowest price of $ 1,260.50 per troy ounce, Gold was expected to find support at $ 1,260.50 and resistance at $ 1,272.55. The dollar ind...

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Natural Gas futures downward during the U.S. session

Natural Gas futures are falling during the U.S. session on Monday. In the New York Mercantile Exchange, December Natural Gas futures are traded at US $ 3,324 for one million British thermal units, a value that drops by 1.10% at the time of writing. Previously traded at the lowest price of $ 3,304 for a million British thermal units, Natural Gas was expected to find support at $ 2,955 and res...

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Oil: down to Ny at $ 50.31

(ANSA) - NEW YORK, OCTOBER 24 - Oil falling in New York, where the prices lose 1.06% to $ 50.31 a barrel.

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Uneven crude, pesaro Iraq resistance to cut production

LONDON (Reuters) - Oil prices are under pressure after Iraqi oil minister Jabar Ali al-Luaibi yesterday demanded that Baghdad be exonerated by an OPEC cut-off agreement. The downward pressure is however counterbalanced by the statements of the Iranian Oil Minister who said that Teheran will encourage other OPEC member countries to take part in the freezing of production. A negative impact on...

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Dollar index close to maximum 9 months, slight euro recovery

LONDON (Reuters) - Dollar near the top of the last nine months at the index level against the top six trade-weighted counterparts. ** The latest comments by Fed representatives have made the assumption of a tightening of rates in December even more concrete, as the upward movement in government yields also says. ** The euro / dollar exchange rate is again parity thanks to the better result o...

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Forex - Dollar stable at most 9 months, pound sterling

The dollar is close to a nine-month high against other major currencies this Tuesday, in anticipation of a short-term rate hike, while the pound falls ahead of declarations by the Governor of the Bank of England Mark Carney. The US dollar index, which replicates the trend of the greenback against a basket of six other major currencies, is stable at 98.69. The index rose by 3.44% this month,...

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