Fundamental Analysis Category

Australia February Monthly CPI Indicator The Monthly CPI indicator rose 6.8% in the year to February, compared with the Westpac forecast of 7.4% year-on-year and the market forecast of 7.2% year-on-year. This represents a significant downside risk to our March forecast CPI forecast of 1.5% per quarter. Specifically, the index rose only 0.2% in February

GBP/USD Eyes Sustained Increase Above GBP/USD is showing positive signs above the 1.2220 level. A connecting bullish trend line is forming with support at 1.2240 on the 4-hours chart. EUR/USD is well supported above the 1.0720 support zone. USD/JPY might attempt a recovery wave if it clears the 132.00 resistance. GBP/USD The British Pound gained

Policy Makers Views on Risks Begin to Diverge Last week has seen a flurry of central bank communications as the RBA, FOMC and BoE all met deliberate on policy. Evident in their decisions and commentary is a growing divergence in expectations around inflation and the risks to the policy outlook. The RBA delivered only a

Australia September CPI It was a broad based upside surprise in the core measures highlighting accelerating inflationary pressures. The CPI lifted 1.8% in the September quarter with the most significant contributions coming from new dwellings, gas and furniture. Gas and furniture were upside surprises to us but the main difference between our 1.1% forecast and

Gold Price is trading closeness to new three-month lows Gold Price is trading closeness to new three-month lows simply above $1,850, as sellers stay in control regardless of the expansive pullback in the US dollar from long term tops. The US Treasury yields settle at the most significant level in over three-year, keeping the drawback