Upcoming Market Updates: AUD, EUR, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: AUD, EUR, USD AUD: AIG Services Index, it measures Level of a diffusion index based on surveyed service-based companies. EUR: Sentix Investor Confidence, it measures Level of a diffusion index based on surveyed investors and analysts. USD: FOMC Member Brainard Speaks, Federal Reserve FOMC members vote on where to set […]
Upcoming Market Updates: USD, JPY, AUD, CHF, EUR, GBP, CHF, CAD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: USD, JPY, AUD, CHF, EUR, GBP, CHF, CAD USD: FOMC Member Waller Speaks, Federal Reserve FOMC members vote on where to set the nation’s key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy. USD: FOMC Member Mister Speaks, Federal Reserve FOMC […]
Upcoming Market Updates: AUD, NZD, EUR, GBP, USD, CAD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: AUD, NZD, EUR, GBP, USD, CAD AUD: AIG Construction Index, it measures Level of a diffusion index based on surveyed construction companies. NZD: ANZ Commodity Prices m/m, it measures Change in the global price of exported commodities. AUD: Trade Balance, it measures Difference in value between imported and exported goods […]
U.S. Dollar Index Overview
U.S. Dollar Index Overview The USD was the most strongest currency yesterday, supported by rising US yields and softer import/export data. And whilst the prices paid component of the ISM services PMI softened to a 20-month of 68.8, it remains historically high relative to its long-term average of 59.8- which suggests the aggressive Fed tightening […]
Oil Prices Mixed as Markets Digest OPEC+ Supply Cut
Oil Prices Mixed as Markets Digest OPEC+ Supply Cut OPEC meeting tomorrow to determine what should be done about the amount of crude oil that is supplies to the market. Two weeks ago, the talk looked like to be whether the countries should do anything at all. However, as the price of oil continues to […]
Recession Fears: The Ukraine war is affecting markets
Recession Fears: The Ukraine war is affecting markets The Ukraine ware is affecting markets around the world and generating extreme volatility. Worries over inflation in Europe have been brewing even before Russia war with Ukraine in February. While some considered it was temporary, others warned that it was a sign of a deeper crisis. Now, […]
Upcoming Market Updates: JPY, AUD, CHF, EUR, GBP, CAD, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: JPY, AUD, CHF, EUR, GBP, CAD, USD JPY: BOJ Summary of Opinions, It’s the primary tool the BOJ uses to communicate their economic and monetary projections to investors. JPY: Tankan Manufacturing Index, it measures Level of a diffusion index based on surveyed large manufacturers. JPY: Tankan Non-Manufacturing Index, it measures […]
EUR/USD Climbs on German CPI and BoE Lead
EUR/USD Climbs on German CPI and BoE Lead The Bank of England’s intervention has clamed the bond markets somewhat with production coming down not just in UK, but eurozone and US too. As a result, we are seeing bearish speculators eased off the gas a little, and this is providing some relief for beaten-down currencies […]
Upcoming Market Updates: NZD, JPY, AUD, GBP, CHF, EUR, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: NZD, JPY, AUD, GBP, CHF, EUR, USD NZD: Building Consents m/m, it measures Change in the number of new building approvals issued. JPY: Unemployment Rate, it measures Percentage of the total work force that is unemployed and actively seeking employment during the previous month. JPY: Prelim Industrial Production m/m, it […]
NZ business sentiment is less dire, RBNZ hint at rate cycle high
NZ business sentiment is less dire, RBNZ hint at rate cycle high Business outlook is now -37.6, up 25.9 points higher than the June low. Business outlook rose for a third month and at its fastest m/m pace since December 2020. Activity outlook rose from-4 to -1.8. Import intentions expanded for a second month. A […]
Upcoming Market Updates: NZD, EUR, GBP, CHF, CAD, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: NZD, EUR, GBP, CHF, CAD, USD NZD: ANZ Business Confidence, it measures Level of a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers. EUR: Spanish Flash CPI y/y, it measures Change in the price of goods and services purchased by consumers. GBP: MPC Member Ramsden […]
Upcoming Market Updates: GBP, JPY, NZD, EUR, CHF, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: GBP, JPY, NZD, 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: Monetary Policy Meeting Minutes, It’s a detailed record of the BOJ Policy Board’s meeting, providing in-depth insights into the economic conditions that influenced their […]
Upcoming Market Updates: JPY, EUR, USD, GBP
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: JPY, EUR, USD, GBP JPY: SPPI y/y, It’s a leading indicator of consumer inflation – when corporations pay more for services the higher costs are usually passed on to the consume. EUR: M3 Money Supply y/y, it measures Change in the total quantity of domestic currency in circulation and deposited […]
Upcoming Market Updates: GBP, JPY, EUR, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: GBP, JPY, EUR, USD GBP: Rightmove HPI m/m, It’s a leading indicator of the housing industry’s health because rising house prices attract investors and spur industry activity. JPY: Flash Manufacturing PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry. EUR: German Buba […]
GBP down during Asian Trade
GBP down during Asian Trade The pound was aggressively lower during Asian trade. CME stopped trading of GBP futures. GBP/USD touched a record low. Combination of the UK’s mini budget and flight to the dollar weigh on sterling. The GBP was already facing heavy selling pressure on Friday when the UK’s new chancellor unveiled his […]
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 […]
SNB could surprise (again) with a larger than expected hike
SNB could surprise (again) with a larger than expected hike The central bank entered ZIRP between 2011-2015 before switching to NIRP with a rate of -0.75%, where it remained until June this year. And with seemingly few paying attention, they not only hiked rates but came out swinging with a 50 bp hike and sent […]