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: CAD, USD
Upcoming Market Updates: CAD, USD CAD: Corporate Profits q/q, it measures Change in the total value of pretax net income earned by corporations. USD: Core Durable Goods Orders m/m, it measures Change in the total value of new purchase orders placed with manufacturers for durable goods, excluding transportation items. USD: Durable Goods Orders m/m, it […]
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 […]
USD CNH | US Dollar Chinese Yuan Offshore
USD CNH | US Dollar Chinese Yuan Offshore The comment from Fed officials last week helped USD to surge and the expectations of 75bps rate hike on the next meeting which will be on 21st September. Last week there was a discussion of Fed officials about how it is premature to worry about the economy […]
EUR/USD Plunging Into Parity as US Dollar
EUR/USD Plunging Into Parity as US Dollar Pair is moving around 1.0100-1.0270 channel for three weeks now. All attempts of the break through to its upper or lower border ended in failure. These attempts continued until 10th August after the publication of data on inflation in the US, the pair went up, turning the level […]
Upcoming Market Updates: NZD, GBP, EUR, CAD
Upcoming Market Updates: NZD, GBP, EUR, CAD NZD: Trade Balance, it measures Difference in value between imported and exported goods during the reported month. GBP: GfK Consumer Confidence, it measures Level of a diffusion index based on surveyed consumers. JPY: National Core CPI y/y, it measures Change in the price of goods and services purchased […]
Upcoming Market Updates: AUD, CHF, EUR, CAD, USD
Upcoming Market Updates: AUD, CHF, EUR, CAD, USD AUD: Employment Change, it measures Change in the number of employed people during the previous month. AUD: Unemployment Rate, it measures Percentage of the total work force that is unemployed and actively seeking employment during the previous month. CHF: Trade Balance, it measures Difference in value […]
Upcoming Market Updates: NZD, JPY, AUD, GBP, EUR, USD
Upcoming Market Updates: NZD, JPY, AUD, GBP, EUR, USD NZD: PPI Input q/q, It’s a leading indicator of consumer inflation – when manufacturers pay more for goods the higher costs are usually passed on to the consumer. NZD: PPI Output q/q, it measures Change in the price of goods sold by manufacturers. JPY: Core […]
Bank Of Canada Inflation on it’s Peak
Bank Of Canada Inflation on it’s Peak Bank Of Canada deputy governor said that obvious inflation is high but it is still far form being too high. Despite CPI has fallen to 7.6% y/y from 8.1% and core CPI is down to 6.1% from 6.2% y/y, the Canadian dollar was higher on the day but […]
August RBNZ Preview and what next for the NZD/USD
August RBNZ Preview and what next for the NZD/USD It is widely expected that the Official Cash Rate will be raised by 50 bp taking the cash rate to 3% in tomorrow’s meeting of Reserve Bank of New Zealand. It will be the RBNZ’s fourth consecutive 50bp hike in a tightening cycle that started in […]
Upcoming Market Updates: NZD, GBP, EUR, USD
Upcoming Market Updates: NZD, GBP, EUR, USD NZD: Business NZ Manufacturing Index, it measures Level of a diffusion index based on surveyed manufacturers. NZD: FPI m/m, it measures Change in the price of food and food services purchased by households. GBP: GDP m/m, it measures Change in the total value of all goods and services […]
Weak US CPI, EUR/USD
Weak US CPI, EUR/USD It was the sort of movement which was needed. The most anticipated US inflation report lived up to expectations in terms of market impact as the dollar plunged and everything else went up, including all foreign currencies, gold ,BTC, and stocks. Among the majors, the EUR/USD has finally broken out of […]
Upcoming Market Updates: NZD, GBP, USD
Upcoming Market Updates: NZD, GBP, USD NZD: Visitor Arrivals m/m, it measures Change in the number of short-term overseas visitors who arrived in the country. GBP: RICS House Price Balance, it measures Level of a diffusion index based on surveyed property surveyors. AUD: MI Inflation Expectations, it measures Percentage that consumers expect the price of […]
Upcoming Market Updates: PY, CNY, EUR, USD
Upcoming Market Updates: PY, CNY, EUR, USD PY: PPI y/y, it measures Change in the price of goods sold by corporations. CNY: PPI y/y, it measures Change in the price of goods purchased and sold by producers. CNY: CPI y/y, it measures Change in the price of goods and services purchased by consumers. EUR: German […]
US CPI Preview: Are we past peak inflation?
US CPI Preview: Are we past peak inflation? Price pressure may show slowing down while the Fed’s preferred Core CPI measure shows that underlying inflation is still rising. Tomorrow the US Bureau of Labor Statistics will release the July Consumer Price Index report. Economists are expecting CPI headline to come in at 0.2% MoM , […]
Upcoming Market Updates: GBP, AUD, JPY, USD
Upcoming Market Updates: GBP, AUD, JPY, USD GBP: BRC Retail Sales Monitor y/y, it measures Change in the value of same-store sales at the retail level. GBP: M2 Money Stock y/y, it measures Change in the total quantity of domestic currency in circulation and deposited in banks. AUD: Westpac Consumer Sentiment, it measures Change in […]
RBNZ survey of Expectations, NZD
RBNZ survey of Expectations, NZD The expectations form RBNZ’s latest survey shows inflation over coming years will remain high. The trend is seen higher in recent quarters looks like arrested and the expectations easing at some of the key medium-term horizons. Lets look at the details, expectations for inflation one year ahead is consistent at […]