How to Profit From US Inflation: Investment Options
How to Profit From US Inflation: Investment Options US inflation is expected to soften slightly – as markets have positioned themselves for it to do so. But that also presents opportunities for traders. The inflation prints as a proxy for Fed policy. Another hot report decreases the odds of a slower pace of Fed tightening, […]
Upcoming Market Updates: JPY, AUD, GBP, USD, EUR, CHF, NZD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: JPY, AUD, GBP, USD, EUR, CHF, NZD JPY: M2 Money Stock y/y, it measures Change in the total quantity of domestic currency in circulation and deposited in banks. AUD: MI Inflation Expectations, it measures Percentage that consumers expect the price of goods and services to change during the next 12 […]
US CPI Preview CPI to remain elevated
US CPI Preview CPI to remain elevated The September headline inflation was 8.2% YoY, higher than expectations of 8.1% YoY, however lower than the August reading of 8.3% YoY. The Core CPI reading was higher than expected at 6.6% YoY vs expectations of 6.5% YoY and an August reading of 6.3% YoY. This was the […]
Upcoming Market Updates: JPY, USD, AUD, GBP
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: JPY, USD, AUD, GBP JPY: Bank Lending y/y, it measures Change in the total value of outstanding bank loans issued to consumers and businesses. JPY: Current Account, it measures Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the reported month. JPY: 30-y Bond […]
Australian Business and Consumer Sentiment
Australian Business and Consumer Sentiment Business reported another strong month of sales and profitability, although a dip in new orders and rising costs weighed on sentiment. Whilst consumer-driven demand remains high, National Australian Bank’s chief economist noted that forms appear wary that the current pace of consumption will continue. PMI survey’s for Australia continue to […]
Upcoming Market Updates: AUD, JPY, GBP, NZD, EUR, CHF
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: AUD, JPY, GBP, NZD, EUR, CHF AUD: Westpac Consumer Sentiment, it measures Change in the level of a diffusion index based on surveyed consumers. 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 […]
Federal Reserve issues FOMC statement
Federal Reserve issues FOMC statement Last week passed without any major movement. The main event was FOMC meeting of the US Federal Reserve at which it was unanimously decided to raise the key rate by 75 basis points to 4.00%. The highest level since 2008. Such a move was quite expected. Therefore, the subsequent press […]
FOMC Meeting, Expected Hike 75bps
FOMC Meeting, Expected Hike 75bps The FOMC will conclude it’s monetary policy today. The expectation is that traders are pricing in nearly 90% odds of a 75bps interest rate hike, an expectation that was supported by the Wall Street Journal’s. Traders are currently pricing in a peak Fed Funds rate around 4.9% in May 2023, […]
Upcoming Market Updates: NZD, CAD, JPY, GBP, AUD, EUR, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: NZD, CAD, JPY, GBP, AUD, EUR, USD NZD: RBNZ Gov Orr Speaks, As head of the central bank, which controls short term interest rates, he has more influence over the nation’s currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle […]
Euro area annual inflation up to 10.7% – European Union
Euro area annual inflation up to 10.7% – European Union Eurostat’s preliminary estimate indicated an acceleration of annual inflation in the euro region from 9.9% immediately to 10.7%. Economists are expecting no change, and the difference of 0.8 points is one of the most prominent indicators economists predict quite accurately on average. But it’s not […]
Upcoming Market Updates: JPY, AUD, EUR, GBP, CHF, CAD, NZD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: JPY, AUD, EUR, GBP, CHF, CAD, NZD JPY: Final Manufacturing PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry. AUD: Cash Rate, it measures Interest rate charged on overnight loans between financial intermediaries. AUD: RBA Rate Statement, It’s among the primary tools […]
Upcoming Market Updates: JPY, AUD, CHF, EUR, GBP, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: JPY, AUD, CHF, EUR, GBP, USD JPY: Prelim Industrial Production m/m, it measures Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities. JPY: Retail Sales y/y, it measures Change in the total value of sales at the retail level. AUD: MI Inflation Gauge m/m, it […]
Upcoming Market Updates: JPY, AUD, EUR, CHF, CAD, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: JPY, AUD, EUR, CHF, CAD, USD JPY: Tokyo Core CPI y/y, it measures Change in the price of goods and services purchased by consumers in Tokyo, excluding fresh food. JPY: Unemployment Rate, it measures Percentage of the total work force that is unemployed and actively seeking employment during the previous […]
EUR USD | Euro US Dollar News
EUR USD | Euro US Dollar News EUR/USD continues to power forward and has breached the parity line for the first time since 20th September. The euro is red hot, having gained 2.1% this week, as the USD has hit a dump in the road and is lower against all major currencies. In the North […]
The Contrarian Case for a EUR/USD Rally if Rates Can Break Above
The Contrarian Case for a EUR/USD Rally if Rates Can Break Above It’s not particularly hard to make a bearish case for the European economy, especially relative to the US. Between a war in it’s backyard, energy shortages, and an imminent economic recession, it would be hard for the outlook for the Eurozone to look […]
NZ CPI Review: OCR Now Expected to Peak at 5%
NZ CPI Review: OCR Now Expected to Peak at 5% It is expected that the official Cash Rate to reach a peak of 5% for this cycle and also a 75 basis point hike to 4.25% at the upcoming November Monetary Policy Statement, a step up from the 50 basis point increases in the last […]
Upcoming Market Updates: NZD, AUD, EUR, CAD, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: NZD, AUD, EUR, CAD, USD NZD: CPI q/q, it measures Change in the price of goods and services purchased by consumer. AUD: RBA Deputy Gov Bullock Speaks, She’s responsible for advising Reserve Bank Board members – who decide where to set the nation’s key interest rates – on matters relating […]
EUR/USD displays a rangebound structure around 0.9700 ahead of US Inflation
EUR/USD displays a rangebound structure around 0.9700 ahead of US Inflation EUR/USD moved sideways along the 0.9700 horizon as markets waited for the release of US inflation data last week. October 14th the Department of Labor Statistics of the country published fresh values of the Consumer Price Index, which exceeded the forecast values. In monthly […]