GBPUSD, XAUUSD Remains under pressure
GBPUSD, XAUUSD Remains under pressure Ongoing turns of events and remarks from bank authorities – as opposed to the inexorably hawkish Fed – presently highlight extremely restricted GBP potential gain based on domestic drivers. The UK’s typical cost for many everyday items emergency, with genuine dispensable salaries set to decline this year by the most […]
Market News: EUR/USD, GBP/USD, AUD/USD, CNY/JPY
Market News: EUR/USD, GBP/USD, AUD/USD, CNY/JPY Time 04:30 AM GMT+3 CNY: CPI (Consumer Price Index) , It measures change in the price of goods and services purchased by consumers. Time 04:30 AM GMT+3 CNY: PPI (Producer Price Index), It measures change in the price of goods purchased and sold by producers. Time 09:00 AM GMT+3 […]
EURUSD Under Pressure due to French Presidential Election
EURUSD Under Pressure due to French Presidential Election Campaigning in the French presidential race closes tonight as far-right candidate Marine Le Pen unfurled to tropical the gap on Emmanuel Macron. President Macron’s ubiquity is slipping this morning with a stun survey by a Brazilian firm placing Le Pen superiority of the incumbent throne of state. […]
Xtreamforex Fundamental Market Analysis 8 April 2022
Xtreamforex Fundamental Market Analysis 8 April 2022 Euro’s selloff from last Thursday’s high at 1.1184 to 1.0866 in New York yesterday on unfurled with USD’s solidarity, then present break there in Asia proposes revision from March’s 22-month base at 1.0807 has finished and bearishness stays for re-trial of said support, break expected to stretch out […]
Market News: EUR/USD, GBP/USD, AUD/USD, USD/JPY
JPY:- Adjusted Current Account, it measures Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the reported month. Forecast 0.27T AUD:- RBA Financial Stability Review, It’s an assessment of conditions in the financial system and potential risks to financial stability – the evidence on strains and imbalances can provide […]
Imports of fuel oil from Latin America surge ahead of Russia’s planned reduction
Imports of fuel oil from Latin America surge ahead of Russia’s planned reduction According to customs statistics, record amounts of fuel oil from Latin America arrived in the United States in March, as refiners sought alternatives to Russian feed stocks ahead of Washington’s April 22 deadline to cease Russian oil imports. Last month, US Gulf […]
Following Thursday’s rally, stock futures are barely changed as investors examine the Federal Reserve’s objectives
Following Thursday’s rally, stock futures are barely changed as investors examine the Federal Reserve’s objectives On Thursday night, U.S. stock futures were barely changed after the main averages made a late-day recovery as investors assessed the chances of the Federal Reserve tightening monetary policy to battle inflation. Futures for the Dow Jones Industrial Average […]
EURUSD Under Pressure due to French Presidential Election
EURUSD Under Pressure due to French Presidential Election The French election is starting to get some attention as the latest polling has indicated nice momentum for Marine Le Pen who has truly closed the distance to Macron. An awesome end result for Le Pen is set to weigh on euro sentiment, economists at MUFG financial […]
Technical Analysis: USD/JPY, EUR/JPY, GBP/JPY
Technical Analysis: USD/JPY, EUR/JPY, GBP/JPY AUD: AIG Construction Index (Performance of Construction) construction Survey of 200 companies which asks respondents to rate the relative level of business conditions including employment, new orders, prices, supplier deliveries, production and inventories, released monthly JPY: Average Cash Earnings, correlated with spending the more income consumers have, the more they […]
In Asian markets, the XAU/USD bleeds out, falling below $1,920
In Asian markets, the XAU/USD bleeds out, falling below $1,920 The price of gold, XAU/USD, has been under pressure this week due to conflicting mood around the Ukraine issue against anticipation of a rapid-fire response from the Federal Reserve following last week’s Nonfarm Payrolls report. XAU/USD is down 0.26 percent at the time of writing, […]
UK house price growth is at a 17-year high
UK house price growth is at a 17-year high According to the mortgage lender, annual rise in house prices reached 14.3 percent in February, the fastest rate since November 2004. The cost of a typical UK home has hit a new record high of £265,312, up £33,000 in the last year, according to the report. […]
XAU/USD pair remains bullish as the US currency continues to fall
XAU/USD pair remains bullish as the US currency continues to fall The gold price is rising as the US currency and US yields fall. The 10-year yield is down almost 2% on the day, while the DXY index, which measures the US dollar against a basket of currencies, is down about 0.3 percent at the […]
For the third month in a row, foreign inflows into US Treasury securities were recorded in January
For the third month in a row, foreign inflows into US Treasury securities were recorded in January Net foreign inflows into Treasuries increased for the third month in a row in January, totaling $74.36 billion, according to data released by the US Treasury Department on Tuesday. According to Treasury International Capital (TIC) data, private […]
Shares rise as oil prices fall amid optimism about Ukraine’s progress
Shares rise as oil prices fall amid optimism about Ukraine’s progress On Monday, most stock markets rose and oil fell on hopes for progress in Russian-Ukraine peace talks, even as fighting continued, while bond markets braced for rate hikes in the United States and the United Kingdom this week. While Russian missiles struck a large […]
Goldman Sachs and JPMorgan Chase are exiting the Russia business, and EU banks are disclosing additional exposures
Goldman Sachs and JPMorgan Chase are exiting the Russia business, and EU banks are disclosing additional exposures Goldman Sachs Group Inc and JPMorgan Chase were the first U.S. banks to stop doing business in Russia after it invaded Ukraine, while Credit Suisse said it had 1.6 billion Swiss francs ($1.73 billion) in gross exposure to […]
Following the ECB shock, European firms face higher borrowing costs
Following the ECB shock, European firms face higher borrowing costs After the ECB’s surprise pivot toward tighter monetary policy, European companies hoping to fund M&A and capital expenditures on bond markets this year face a sharp increase in borrowing costs and wary buyers. Bond issues are an important source of funding for businesses, and their […]
USD/CAD Traders Looking for Oil Price for Direction
USD/CAD Traders Looking for Oil Price for Direction USD/CAD steadies in Asia as traders remain jittery over the possibility of increased tensions around the prospect of Russia invading Ukraine. The price of oil, which CAD trades as a proxy, has increased in proportion to the Russian risk premium. As a result, the Loonie is a […]
Japanese Prime Minister Kishida worked with the U.S to confirm the release of some oil reserves
Japanese Prime Minister Kishida worked with the U.S to confirm the release of some oil reserves Japanese Prime Minister Kishida Fumio said on Wednesday that the government would release some of its oil reserves at a request from the US in order not to violate Japanese law. “We are working with the United States to […]