Upcoming Market Updates: NZD, GBP, USD
Upcoming Market Updates: NZD, GBP, USD NZD: Visitor Arrivals m/m, it measures Change in the number of short-term overseas visitors who arrived in the country. GBP: RICS House Price Balance, it measures Level of a diffusion index based on surveyed property surveyors. AUD: MI Inflation Expectations, it measures Percentage that consumers expect the price of […]
USD/CAD: A Tale Of Two Labor Markets
USD/CAD: A Tale Of Two Labor Markets Traders are still trying to digest last week’s US jobs report, but one thing is clear that The US labor market is outperforming Canada’s labor market. Markets are starting to settle into the traditional “Dog Days of Summer” trade, major indices, commodities and currency pairs seeing relatively little […]
Upcoming Market Updates: PY, CNY, EUR, USD
Upcoming Market Updates: PY, CNY, EUR, USD PY: PPI y/y, it measures Change in the price of goods sold by corporations. CNY: PPI y/y, it measures Change in the price of goods purchased and sold by producers. CNY: CPI y/y, it measures Change in the price of goods and services purchased by consumers. EUR: German […]
US CPI Preview: Are we past peak inflation?
US CPI Preview: Are we past peak inflation? Price pressure may show slowing down while the Fed’s preferred Core CPI measure shows that underlying inflation is still rising. Tomorrow the US Bureau of Labor Statistics will release the July Consumer Price Index report. Economists are expecting CPI headline to come in at 0.2% MoM , […]
Upcoming Market Updates: GBP, AUD, JPY, USD
Upcoming Market Updates: GBP, AUD, JPY, USD GBP: BRC Retail Sales Monitor y/y, it measures Change in the value of same-store sales at the retail level. GBP: M2 Money Stock y/y, it measures Change in the total quantity of domestic currency in circulation and deposited in banks. AUD: Westpac Consumer Sentiment, it measures Change in […]
RBNZ survey of Expectations, NZD
RBNZ survey of Expectations, NZD The expectations form RBNZ’s latest survey shows inflation over coming years will remain high. The trend is seen higher in recent quarters looks like arrested and the expectations easing at some of the key medium-term horizons. Lets look at the details, expectations for inflation one year ahead is consistent at […]
Employment Rate Change In Canada
Employment Rate Change In Canada Employment change in Canada is better than expected and this will help Bank Of Canada to hike again in next meeting which will be in September. NFP tomorrow, markets will be focusing on the data, and Canada will release the July Employment Change data as well. It is expected that […]
Upcoming Market Updates: AUD, JPY, AUD, EUR, GBP, CHF, CAD, USD
Upcoming Market Updates: AUD, JPY, AUD, EUR, GBP, CHF, CAD, USD AUD: AIG Services Index, it measures level of a diffusion index based on surveyed service-based companies. JPY: Average Cash Earnings y/y, it measures Change in the total value of employment income collected by workers. JPY: Household Spending y/y, it measures Change in the inflation-adjusted […]
AUD/USD After RBA Meeting
AUD/USD After RBA Meeting Policy rate as expected by RBA was raised by 50 bps to 1.85% last Tuesday. This is the fourth consecutive hike and steepest in almost 30 years. This helped a little to raise AUD/USD, which was down by almost 1% from the beginning of this week. This release leaves the pair […]
Upcoming Market Updates: GBP, USD, CAD
Upcoming Market Updates: GBP, USD, CAD GBP: MPC Official Bank Rate Votes, The BOE’s MPC meeting minutes contain the interest rate vote for each MPC member during the most recent meeting. The breakdown of votes provides insight into which members are changing their stance on interest rates and how close the committee is to enacting […]
Swiss National Bank, CHF
Swiss National Bank, CHF A message from Swiss National Bank was sent to markets last week which was that it may take monetary policy measures at any time between regular assessment dates if circumstances require that. Last meeting of SNB on 16th June surprised markets and hiked interest rates by 50bps from record low of […]
Upcoming Market Updates: AUD, NZD, USD, NZD, AUD, CNY, CHF, GBP
Upcoming Market Updates: AUD, NZD, USD, NZD, AUD, CNY, CHF, GBP AUD: AIG Construction Index, it measures level of a diffusion index based on surveyed construction companies. NZD: Employment Change q/q, it measures change in the number of employed people. NZD: Unemployment Rate, it measures percentage of total work force that is unemployed and actively […]
The Reserve Bank of Australia (RBA) Monetary Policy Meeting
The Reserve Bank of Australia (RBA) Monetary Policy Meeting Australia dollar got strong yesterday and AUD/USD was trading at 0.7030 which was up 0.57% on the day. Reserve Bank of Australia is having a meeting today and it is expected that it will deliver an increase of 0.50%bp, which will bring the Cash rate to […]
Upcoming Market Updates: JPY, AUD, GBP, CHF, EUR, CAD, USD
Upcoming Market Updates: JPY, AUD, GBP, CHF, EUR, CAD, USD JPY: Monetary Base y/y, it measures change in the total quantity of domestic currency in circulation and current account deposits held at the BOJ. AUD: Building Approvals m/m, it measures change in the number of new building approvals issued. JPY: 10-y Bond Auction, it measures […]
Upcoming Market Updates: AUD, NZD, EUR, GBP, USD, JPY
Upcoming Market Updates: AUD, NZD, EUR, GBP, USD, JPY AUD: AIG Manufacturing Index, it measures level of a diffusion index based on surveyed manufacturers. NZD: Building Consents m/m, it measures change in the number of new building approvals issued. JPY: Final Manufacturing PMI, it measures level of a diffusion index based on surveyed purchasing managers […]
Upcoming News for this Week:- FOMC, RBA, BOE
Upcoming News for this Week:- FOMC, RBA, BOE FOMC The FOMC increased rates by 75bps increasing the Fed Funds rate from 1.75% to 2.50%. The statement confirmed that spending and production were soft, however job increase remain strong. The Fed put softer data aside by saying that it anticipates ongoing increase in the Fed Funds […]
The US Economy || US rate hike cycle concludes in 2022
The US Economy || US rate hike cycle concludes in 2022 Last week was very active for global rebirth in risk appetite despite a run of data which pointed to deteriorating US economic growth. This is because the softer tone of US data and the FOMC’s acceptance of it implies a reducing risk of the […]
Upcoming Market Updates: JPY, AUD, EUR, CHF, GBP, CAD
Upcoming Market Updates: JPY, AUD, EUR, CHF, GBP, CAD JPY: Prelim Industrial Production m/m, It’s a leading indicator of economic health – production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings. JPY: Retail Sales y/y, It’s the primary gauge of consumer […]