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: 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 […]
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 […]
JPY/NZD Weekly Fundamental Forecast: RBNZ Hike May do Little for NZD
JPY/NZD Weekly Fundamental Forecast: RBNZ Hike May do Little for NZD JPY Divergence is increasing on Yen future prices and market positioning. Yen is at it’s 24-year low, net-short exposure is at its least bearish level since March 2021. Over 27k gross shorts were closed over the past two weeks, with 8.5k gross longs added […]
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 […]
USD/CAD: A Tale Of Two Labor Markets
USD/CAD: A Tale Of Two Labor Markets Traders are still trying to digest last week’s US jobs report, but one thing is clear that The US labor market is outperforming Canada’s labor market. Markets are starting to settle into the traditional “Dog Days of Summer” trade, major indices, commodities and currency pairs seeing relatively little […]
Employment Rate Change In Canada
Employment Rate Change In Canada Employment change in Canada is better than expected and this will help Bank Of Canada to hike again in next meeting which will be in September. NFP tomorrow, markets will be focusing on the data, and Canada will release the July Employment Change data as well. It is expected that […]
Upcoming Market Updates: AUD, JPY, AUD, EUR, GBP, CHF, CAD, USD
Upcoming Market Updates: AUD, JPY, AUD, EUR, GBP, CHF, CAD, USD AUD: AIG Services Index, it measures level of a diffusion index based on surveyed service-based companies. 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 the inflation-adjusted […]
AUD/USD After RBA Meeting
AUD/USD After RBA Meeting Policy rate as expected by RBA was raised by 50 bps to 1.85% last Tuesday. This is the fourth consecutive hike and steepest in almost 30 years. This helped a little to raise AUD/USD, which was down by almost 1% from the beginning of this week. This release leaves the pair […]
Upcoming Market Updates: GBP, USD, CAD
Upcoming Market Updates: GBP, USD, CAD GBP: MPC Official Bank Rate Votes, The BOE’s MPC meeting minutes contain the interest rate vote for each MPC member during the most recent meeting. The breakdown of votes provides insight into which members are changing their stance on interest rates and how close the committee is to enacting […]
Upcoming Market Updates: AUD, NZD, USD, NZD, AUD, CNY, CHF, GBP
Upcoming Market Updates: AUD, NZD, USD, NZD, AUD, CNY, CHF, GBP AUD: AIG Construction Index, it measures level of a diffusion index based on surveyed construction companies. NZD: Employment Change q/q, it measures change in the number of employed people. NZD: Unemployment Rate, it measures percentage of total work force that is unemployed and actively […]
Upcoming Market Updates: AUD, NZD, EUR, GBP, USD, JPY
Upcoming Market Updates: AUD, NZD, EUR, GBP, USD, JPY AUD: AIG Manufacturing Index, it measures level of a diffusion index based on surveyed manufacturers. NZD: Building Consents m/m, it measures change in the number of new building approvals issued. JPY: Final Manufacturing PMI, it measures level of a diffusion index based on surveyed purchasing managers […]
Upcoming News for this Week:- FOMC, RBA, BOE
Upcoming News for this Week:- FOMC, RBA, BOE FOMC The FOMC increased rates by 75bps increasing the Fed Funds rate from 1.75% to 2.50%. The statement confirmed that spending and production were soft, however job increase remain strong. The Fed put softer data aside by saying that it anticipates ongoing increase in the Fed Funds […]
The US Economy || US rate hike cycle concludes in 2022
The US Economy || US rate hike cycle concludes in 2022 Last week was very active for global rebirth in risk appetite despite a run of data which pointed to deteriorating US economic growth. This is because the softer tone of US data and the FOMC’s acceptance of it implies a reducing risk of the […]