Upcoming Market Updates: GBP, JPY, EUR, CHF, USD
Upcoming Market Updates: GBP, JPY, EUR, CHF, USD GBP: BRC Shop Price Index y/y, it measures Change in the price of goods purchased at BRC-member retail stores. JPY: Final Manufacturing PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry. EUR: German Import Prices m/m, it measures Change […]
Upcoming Market Updates: AUD, NZD, EUR, GBP, CAD, CHF, CNY, USD
Upcoming Market Updates: AUD, NZD, EUR, GBP, CAD, CHF, CNY, USD AUD: MI Leading Index m/m, it measures Change in the level of a composite index based on 9 economic indicators. NZD: Credit Card Spending y/y, it measures Change in total spending facilitated with a credit card. EUR: German GfK Consumer Climate, it measures Level […]
Upcoming Market Updates: NZD, AUD, CHF, EUR, CAD, USD
Upcoming Market Updates: NZD, AUD, CHF, EUR, CAD, USD NZD: ANZ Business Confidence, it measures Level of a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers. 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 economic […]
Upcoming Market Updates: AUD, GBP, JPY, EUR, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: AUD, GBP, JPY, EUR, 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, it […]
Upcoming Market Updates: JPY, AUD, EUR, CHF, GBP, CAD, USD, NZD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: JPY, AUD, EUR, CHF, GBP, CAD, USD, NZD JPY: Trade Balance, it measures Difference in value between imported and exported goods during the reported month. AUD: MI Inflation Expectations, it measures Percentage that consumers expect the price of goods and services to change during the next 12 months. AUD: Employment […]
The Federal Reserve’s Open Market Committee Preview
The Federal Reserve’s Open Market Committee Preview The Federal Reserve’s Open Market Committee will complete its two-day meeting tomorrow. The committee will release its monetary policy statement and Summary of Economic Projections at 2:00pm ET, with Fed Chairman Jerome Powell’s press conference starting 30mins later at 2:30pm ET. Most traders expect the central bank to […]
US CPI Preview: CPI To Remain Elevated
US CPI Preview: CPI To Remain Elevated On Tuesday, December 13th , the US will release its CPI reading for November. Expectations are for the headline print to come in at 7.6% YoY after a surprisingly lower than expected October print of 7.7% YoY. If the print is in-line with expectations, it would be the […]
Bank Of Canada’s hikes interest rate 50 basis points
Bank Of Canada’s hikes interest rate 50 basis points BoC hikes by 50 bps to 4.25%, bringing cumulative tightening to 400 bps this year. Slightly hawkish surprise, consensus was split between 25 and 50 bps. Soft tightening bias opens the door to a January pause. The BoC lifted its overnight rate by 50 bps […]
The Australian Q3 GDP Economy | Xtreamforex
The Australian Q3 GDP Economy | Xtreamforex Australian economy expands by 0.6%, a little softer than expected. The impacts of high inflation and higher interest rates are becoming apparent – notably, the real estate sector on lower turnover subtracted 0.2ppts from activity in the period. The Australian economy expanded by 0.6% in the September quarter. […]
Gold Falls Victim to Strong US Data
Gold Falls Victim to Strong US Data Gold has sold off thanks to a rebound in US dollar and bond yields. The fact that the yellow metal has turned lower from a key level makes today’s reversal eye-catching as the chart suggests that at least a temporary top may be in for now. Gold fell […]
Upcoming Market Updates: AUD, NZD, EUR, GBP, CAD, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: AUD, NZD, EUR, GBP, CAD, USD 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 exported commodities. AUD: ANZ Job Advertisements m/m, it measures Change in the number […]
Australian inflation fell but just ‘weight’ a minute
Australian inflation fell but just ‘weight’ a minute Australian inflation rose only to 6.9% y/y, down from a peak of 7.4% and lower than the 7.5% expected. Housing, food and non-alcoholic beverages and transport were most significant contributors. CPI rose 0.2% m/m, below its long-term average of 2.5%. The RBA will be happy to hear […]
This week’s currency pair, USD/CNH
This week’s currency pair, USD/CNH This week will bring a lot of US macroeconomic data and speech from US Fed Chairman Powell, which should give the markets a clearer direction of where the Fed may be headed next regarding monetary policy. Powell speaks at the Brookings Institute on Wednesday. The topic is the economy and […]
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: AUD, NZD, EUR, GBP, CAD, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: AUD, NZD, EUR, GBP, CAD, 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. NZD: Official Cash Rate, […]
RBNZ seen raising rates by historic 75 bps
RBNZ seen raising rates by historic 75 bps Whilst there has been some less expectations that inflation around parts of the world have topped out, recent data for New Zealand is remining us that inflation can remain at elevated levels for longer than anyone would like. CPI rose 2.2% q/q, up from 1.7% and well […]
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 […]