Unemployment claims in focus: XRP leads a crypto bid
US weekly jobless claims are due at 12:30 UTC, forecast at 200K versus 199K prior. XRP leads a firmer tone across dollar-quoted CFDs on our feed.
US weekly jobless claims are due at 12:30 UTC, forecast at 200K versus 199K prior. XRP leads a firmer tone across dollar-quoted CFDs on our feed.
US weekly jobless claims land at 12:30 UTC, forecast 200K versus 199K prior β the only medium-impact release on the dollar's calendar.
US Retail Sales and PPI landed at 12:30 UTC; Polygon led a mild crypto slip against the dollar, silver eased and platinum alone edged higher.
U.S. Core PPI is due at 12:30 UTC, forecast 0.3% vs 0.2% prior, as silver, platinum and altcoins trade broadly lower across our feed.
Silver tumbles 5.7% and the dollar firms across the majors at the open, while Bitcoin slips to $81,782 and the Nasdaq 100 sheds 2% into the session.
US producer prices and retail sales headline a packed Thursday, bracketed by UK GDP at 06:00 UTC and overnight speeches from Bailey, Warsh and Macklem.
US Core CPI m/m lands at 12:30 UTC with a 0.2% forecast against 0.3% prior, as dollar-quoted crypto trades firmer, led by XTZ/USD and UNI/USD.
US CPI at 12:30 UTC headlines the next 24 hours, with ECB's Lagarde, the EU summit, Australian jobs and BOC's Macklem also on the economic calendar.
Canada's jobs report at 12:30 UTC headlines the next 24 hours, with employment seen rebounding to +6.1K; US Michigan sentiment surveys follow at 14:00.
Crypto led the US-session selling as Tezos, Polkadot and Uniswap each fell over 7%, platinum and palladium slid hard, and the dollar firmed broadly.
Crypto leads markets lower as every top faller is a token, while the dollar firms against the euro, pound and Aussie and metals slide.
Bank of England Governor Bailey headlines at 12:15 UTC, bracketed by FOMC's Waller at 08:30 and US jobless claims (200K forecast vs 197K) at 12:30.