Growing unrest in China Setting the Stage for a Risk-off Start
Growing unrest in China Setting the Stage for a Risk-off Start US and European bond markets showed a divergent picture as US markets reopened after the Thanksgiving Holiday. US Treasuries continued to outperform. A disappointing US PMI released earlier last week only reinforced the view that there is a strong enough case for the Fed […]
Upcoming Market Updates: AUD, EUR, GBP, CAD, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: AUD, EUR, GBP, CAD, USD AUD: Retail Sales m/m, it measures Change in the total value of sales at the retail level. EUR: M3 Money Supply y/y, it measures Change in the total quantity of domestic currency in circulation and deposited in banks. EUR: Private Loans y/y, it measures Change […]
EUR/JPY Eyes Breakout – Xtreamforex
EUR/JPY Eyes Breakout – Xtreamforex The US out on holiday, there’s not much point in discussing the dollar. Instead, something that could move during the Asian hours. The Japanese yen. After being the weakest of major currencies for an extended period this year, the yen has stormed back against the dollar, along with equities, gold […]
Upcoming Market Updates: JPY, AUD, GBP, EUR, CAD, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: JPY, AUD, GBP, EUR, CAD, USD JPY: BOJ Core CPI y/y, it measures Change in the price of goods and services purchased by consumers, excluding food and energy. AUD: RBA Gov Lowe Speaks, As head of the central bank, which controls short term interest rates, he has more influence over […]
Upcoming Market Updates: JPY, GBP, EUR, CAD, USD, GBP
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: JPY, GBP, EUR, CAD, USD, GBP JPY: National Core CPI y/y, it measures Change in the price of goods and services purchased by consumers, excluding fresh food. GBP: GfK Consumer Confidence, it measures Level of a diffusion index based on surveyed consumers. GBP: Retail Sales m/m, it measures Change in […]
Markets Position, The lower-than-expected US inflation
Markets Position, The lower-than-expected US inflation The lower-than-expected US inflation print simply extended with economic data serving as an accelerator. European stocks add a normal 0.6% but US indices open with very solid 0.9-2.5% gains. The US NY Empire manufacturing index surpassed the bar with ease, coming in at 4.5 vs a -6 consensus. But […]
AUD/USD – Australian Dollar US Dollar
AUD/USD – Australian Dollar US Dollar The Australian dollar is in negative territory, after posting huge gains last week. In the European session, AUD/USD was trading at 0.6690, down 0.22%. US Dollar took a nasty spill last week, and the Australian dollar made the most of it, gaining 3.6%. The US dollar was slammed after […]
United Kingdom Inflation Rate
United Kingdom Inflation Rate The UK GDP revealed that the economy shrank by only 0.2% in 3rd Quarter, which means that a contraction of more than 0.55% may be needed in the last three months of the year for the BoE’s forecast of a 0.75% contraction during H2 2022 to materialize. Yet, investors dragged their […]
Upcoming Market Updates: GBP, CHF, EUR, USD, NZD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: GBP, CHF, EUR, USD, NZD GBP: Rightmove HPI m/m, it measures Change in the asking price of homes for sale. CHF : PPI m/m, it measures Change in the price of goods and raw materials purchased by manufacturers. EUR: Industrial Production m/m, it measures Change in the total inflation-adjusted value […]
US Consumer Sentiment and Elections
US Consumer Sentiment and Elections Officially which party has won control of the Congress is still not known. The trends and projections, the results are pretty much in line with what was expected. Republicans take control of the House, but by a smaller margin than expected. And control of the Senate is still unknown, and […]
Upcoming Market Updates: JPY, EUR, GBP, CHF, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: JPY, EUR, GBP, CHF, USD JPY: PPI y/y, it measures Change in the price of goods sold by corporations. EUR: German Final CPI m/m, it measures Change in the price of goods and services purchased by consumers. GBP: GDP m/m, it measures Change in the total value of all goods […]
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 […]