New here? Post 10 threads to unlock access to threads, or upgrade now to access Crax all content instantly!
Join CraxPro and earn real money through our Credit Rewards System. Participate and redeem credits for Bitcoin/USDT. Start earning today! Read the detailed thread here
You are using an out of date browser. It may not display this or other websites correctly. You should upgrade or use an alternative browser.
Indonesia's automotive market has shown signs of recovery as car sales figures improved significantly in December. Reports released on January 10, 2025, indicate that the car sales indicator improved to -6.40% year-over-year, compared to a more severe contraction of -11.90% in the previous...
According to newly released data, Switzerland's unemployment rate, not seasonally adjusted, saw a marginal increase, moving from 2.6% in November to 2.8% in December 2024. The update was published on January 10, 2025, highlighting a slight uptick in joblessness in the economically robust nation...
In a remarkable display of economic resilience, Switzerland's seasonally adjusted unemployment rate remained unchanged at 2.6% for the month of December 2024. According to the latest data released on January 10, 2025, this rate mirrors the figure recorded in November, indicating a steady labor...
Romania has recorded a boost in its economic performance, with Gross Domestic Product (GDP) growth reaching 1.2% in the third quarter of 2024, compared to the same period the previous year. This marks an improvement from a 0.9% growth rate in the same quarter of the prior year, according to the...
In November 2024, Romania witnessed a significant reduction in its trade deficit, marking a noteworthy development as the gap narrowed from -3.725 million euros in October to -2.838 million euros. This improvement comes amidst a series of economic adjustments, suggesting a positive shift in the...
In a remarkable turnaround, Sweden's GDP has seen a significant increase, surging to 1.4% in November 2024 from a previous decline of -0.4% in October 2024. This positive shift indicates a robust economic recovery as the country steps into the new year. The updated data, released on January 10...
In a surprising economic shift, Norway's core inflation rate dropped to -0.1% in December 2024, according to the latest data released on January 10, 2025. This marks a significant downturn from the previous month's statistic of 0.1% recorded in November 2024. The monthly comparison period...
In a remarkable turnaround, Turkey's industrial production index demonstrated a significant rebound in November 2024, climbing to 1.5% on a year-over-year basis. This marks a notable recovery from October's bleak scenario, where the industrial sector faced a 3.1% decline compared to the same...
COPENHAGEN — On January 10, 2025, updated data shows that Denmark's Consumer Price Index (CPI) held steady at -0.30% in December 2024, maintaining the same level as reported in November. The negative CPI indicates a slight deflation in consumer prices for two consecutive months, reflecting...
Denmark's inflation rate, as measured by the Consumer Price Index (CPI), has witnessed an increase, touching 1.9% in December 2024. This uptick marks a shift from the previous month's figure of 1.6% reported in November 2024, according to data updated on January 10, 2025.
The year-over-year...
In a notable economic development reported on January 10, 2025, Denmark's Harmonized Index of Consumer Prices (HICP) recorded a modest increase in December 2024. The indicator, which is a key metric for assessing inflation by measuring average price changes over time for a fixed basket of goods...
In a significant development for Norway's economy, the Core Consumer Price Index (CPI) dipped to 2.7% in December 2024. This marks a further decline from November's figure of 3.0%, as reported on January 10, 2025. This gradual decrease underlines ongoing trends in Norway's core inflation rate...
Norway's Consumer Price Index (CPI) observed a slight decline in December 2024, dipping to 2.2% from the previous month's 2.4%. This decrease marks a continued downward trend, suggesting that inflationary pressures in the country may be easing off. This data, updated on January 10, 2025...
Norway's Consumer Price Index (CPI) experienced a slight decline in December 2024, marking a notable shift from the prior month's performance. The recently updated data, as of January 10, 2025, illustrates a dip to -0.1% from November's solid 0.3%. This month-over-month evaluation provides...
In a noteworthy shift, household confidence in Sweden saw a substantial increase in November 2024. The indicator, which reflects Swedish household's financial outlook and economic sentiment, registered at a 1.10% increase, up from 0.10% in the previous month, October 2024, based on the latest...
Sweden's industrial sector experienced a significant turnaround in November 2024, as new orders surged by 5.1% compared to the same month a year ago. This marks a considerable recovery from the previous month when the new orders stagnated at -1.0% year-over-year in October 2024.
The stark...
Analysis of Thursday's Trades
1H Chart of EUR/USD
The EUR/USD currency pair traded within a narrow range on Thursday. Although the macroeconomic backdrop was quite weak during the day, it's important to note that in recent days, significant movements in the pair have not always correlated...
Analysis of Thursday's Trades
1H Chart of GBP/USD
The GBP/USD pair continued its downward trend on Thursday, despite the lack of any local catalysts. There were no data releases or events from the UK or the US yesterday that could have prompted another decline in the British currency, and the...
Analysis of Macroeconomic Reports:
A significant number of macroeconomic events are scheduled for Friday, and nearly all of them hold great importance. In contrast, the economic calendar for the UK, Germany, and the Eurozone is completely empty today. However, the U.S. reports will provide...
At 10:00 (GMT+2), the Swiss State Secretariat for Economic Affairs (SECO) will publish its fourth quarter consumer confidence index, which measures household spending as part of economic activity. The indicator is likely to accelerate its negative dynamics from –37.0 points to –38.0 points...
Japan’s household spending declined for the fourth consecutive month in November, falling -0.4% yoy. While this was an improvement from October’s -1.3% drop and surpassed expectations of -0.8%, it still reflects ongoing consumer caution. The decline was driven by significant cuts in expenditures...
Prior 2.6%
The Swiss jobless rate held steady in December, although the unadjusted rate did creep up to 2.8% - up from 2.6% previously.
This article was written by Justin Low at www.forexlive.com.
European markets are anticipated to open slightly lower on Friday as investors await the crucial U.S. employment figures due later in the day. Analysts forecast a December job growth of approximately 155,000, a decline from November's increase of 227,000, with the unemployment rate expected to...
The Bank of England's decision to follow the Fed and put its monetary policy cycle on pause exacerbates the debt crisis in the UK. This has prompted other regulators to trim interest rates, supporting the US dollar. Let's discuss this topic and make a trading plan for the EURUSD pair. Major...
The Bank of England's decision to follow the Fed and put its monetary policy cycle on pause exacerbates the debt crisis in the UK. This has prompted other regulators to trim interest rates, supporting the US dollar. Let's discuss this topic and make a trading plan for the EURUSD pair. Major...