BOE: Another 50bp hike and we expect more to come
BOE: Another 50bp hike and we expect more to come The BOE hiked policy rates by 50bp, bringing the bank rate to 2.25. The extent to which fiscal policy is set to boost demand and hence impact policy setting is still highly uncertain. Call for a 50bp hike in November and December and 25bp in […]
Upcoming Market Updates: AUD, GBP, EUR, CAD, CHF, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: AUD, GBP, EUR, CAD, CHF, USD AUD: Flash Manufacturing PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry. AUD: Flash Services PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the services industry. GBP: GfK Consumer Confidence, […]
Upcoming Market Updates: NZD, JPY, CHF, EUR, GBP, CAD, USD, EUR
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: NZD, JPY, CHF, EUR, GBP, CAD, USD, EUR NZD: Westpac Consumer Sentiment, it measures Level of a diffusion index based on surveyed consumers. NZD: Trade Balance, it measures Level of a diffusion index based on surveyed consumers. JPY: BOJ Core CPI y/y, it measures Change in the price of goods […]
Upcoming Market Updates: JPY, AUD, CHF, EUR, CAD, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: JPY, AUD, CHF, EUR, CAD, USD JPY: National Core CPI y/y, it measures Change in the price of goods and services purchased by consumers, excluding fresh food. AUD: Monetary Policy Meeting Minutes, It’s a detailed record of the RBA Reserve Bank Board’s most recent meeting, providing in-depth insights into the […]
Upcoming Market Updates: NZD, GBP, CAD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: NZD, GBP, CAD NZD: Business NZ Services Index, it measures Level of a diffusion index based on surveyed purchasing managers in the services industry. GBP: Rightmove HPI m/m, it measures Change in the asking price of homes for sale. CAD: IPPI m/m, it measures Change in the price of goods […]
Upcoming Market Updates: NZD, GBP, EUR, CAD, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: NZD, GBP, EUR, CAD, USD NZD: Business NZ Manufacturing Index, it measures Level of a diffusion index based on surveyed manufacturers. GBP: Retail Sales m/m, it measures Change in the total value of inflation-adjusted sales at the retail level. EUR: Italian Trade Balance, it measures Difference in value between imported […]
Upcoming Market Updates: NZD, JPY, GBP, EUR , USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: NZD, JPY, GBP, EUR , USD NZD: Current Account, it measures Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous quarter. JPY: Core Machinery Orders m/m, it measures Change in the total value of new private-sector purchase orders placed with manufacturers for […]
Silver outshines gold as dollar slips | Xtreamforex
Silver outshines gold as dollar slips | Xtreamforex The new week has started with a bang for risk-sensitive assets, including stocks and metals. Silver had risen around 5% so far on the day, and was leading other metals higher. Gold was also up, but not as impressively as silver, with the yellow metal looking to […]
Upcoming Market Updates: AUD, JPY, EUR, GBP, CHF, EUR, CAD, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: AUD, JPY, EUR, GBP, CHF, EUR, CAD, USD AUD: AIG Construction Index, it measures Level of a diffusion index based on surveyed service-based companies. AUD: GDP q/q, it measures Change in the inflation-adjusted value of all goods and services produced by the economy. JPY: Leading Indicators, it measures Level of […]
Australia’s economy grew strongly earlier this year
Australia’s economy grew strongly earlier this year The national accounts released today showed the Australian economy in the second quarter expanded by a solid 0.9% and 3.6% YoY. It’s the third consecutive quarter of economic expansion for the Australian economy. First quarter of re-opened domestic and international borders was behind a substantial rise in consumer […]
Upcoming Market Updates: AUD, NZD, CHF, EUR, GBP
Upcoming Market Updates: AUD, NZD, CHF, EUR, GBP AUD: AIG Construction Index, it measures Level of a diffusion index based on surveyed construction companies. AUD: MI Inflation Gauge m/m, it measures Change in the price of goods and services purchased by consumers. NZD: ANZ Commodity Prices m/m, it measures Change in the global price of […]
RBA to Raise the Cash Rate by 50 bps, AUD
RBA to Raise the Cash Rate by 50 bps, AUD Reserve Bank meeting is on 6th September. It is expected that the cash rate will be raised by 50 basis points to 2.35%. The best approach will be to strengthen the statement we saw last month, not on a pre set path and following Chair […]
Upcoming Market Updates: NZD, GBP, JPY, NZD, AUD, EUR, USD
Upcoming Market Updates: NZD, GBP, JPY, NZD, AUD, EUR, USD NZD: Building Consents m/m, it measures Change in the number of new building approvals issued. GBP: BRC Shop Price Index y/y, it measures Change in the price of goods purchased at BRC-member retail stores. JPY: Prelim Industrial Production m/m, it measures Change in the total […]
Second quarter GDP figures are expected to be strong recession signal
Second quarter GDP figures are expected to be strong recession signal Second quarter GDP figures are expected to be strong. Economy is expected to regain the positive momentum and expectations of analysists are of 4.5% compared to 3.1% registered in the first quarter of the year. The monthly reading for June is also expected to […]
NZD First Impressions: Retail Trade
NZD First Impressions: Retail Trade The volume of goods sold fell by 2.3%. That is lower than the forecast for muted 0.3% rise, and well below the average analyst forecast for a 1.7% gain. Today’s fall follows a 0.9% drop in spending in first quarter, leaving spending volumes down 3% through the first half of […]
Upcoming Market Updates: NZD, JPY, EUR, GBP, USD
Upcoming Market Updates: NZD, JPY, EUR, GBP, USD NZD: Retail Sales q/q, it measures Change in the total value of inflation-adjusted sales at the retail level. NZD: Core Retail Sales q/q, it measures Change in the total volume of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. JPY: SPPI y/y, it measures […]
GBP/USD – British Pound Jumped US Dollar
GBP/USD – British Pound Jumped US Dollar British pound jumped 0.82% yesterday, as the currency has rebounded from its worst week of the year. GBP/USD went down 2.53% last week, as the USD has found strength after weeks of beating a retreat. GBP/USD climbed yesterday after US New home sales dropped to 511 thousand in […]
Upcoming Market Updates: AUD, JPY, EUR, GBP, USD
Upcoming Market Updates: AUD, JPY, EUR, GBP, USD AUD: Flash Manufacturing PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry. AUD: Flash Services PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the services industry. JPY: Flash Manufacturing PMI, it measures Level […]