Retail Sales, Empire Index, Trade Prices & USDJPY
USDJPY, H1 Join me LIVE later on our Facebook and YouTube channels from 12:20 GMT as the final key data of a very exciting week is released. US Retail…
Read More »Recap September 19: Financial Crisis 2022? Hole in Ozone, Hyperinflation (Recap ep141)
In this week’s recap, Marcello talks about a financial Crisis to come due to several economic events that had occurred lately, including hyperinflation. A Hole in the Ozone is now…
Read More »Energy prices ignite, oil surges
Overnight Headlines *USD fell against its peers, remains in a range *US stocks moved higher, with the S&P500 bouncing off its 50-day SMA *Oil jumped higher above $75 on a…
Read More »Big Bank Earnings & PPI lift sentiment
USA500, Daily Bank of America (BoA) and Goldman Sachs (GS) both reported third-quarter earnings earlier that beat estimates. BoA reported net income of $4.9bn, or 0.51 cents per share (EPS)…
Read More »FX Update – August 12 – US Inflation Rises Again
EURUSD, H1 The July CPI report sharply beat estimates with gains of 0.6% for both the headline and core, following respective June gains of 0.6% and 0.2%, hence leaving the…
Read More »A Strong PPI reading ahead of CPI tomorrow
EURUSD, H1 The July US PPI report beat estimates with gains of 0.6% for the headline and 0.5% for the core, as prices continue to ratchet higher after the big…
Read More »RBA: What we shall focus on from the RBA’s meeting
The RBA’s meeting is in focus ahead of Asia Session. No change is anticipated to the 0.25% rate setting. The Bank has expressed its commitment to ease credit conditions, seeking…
Read More »Canada’s CPI slowed – Steady Loonie?
Canada’s CPI slowed to a -0.4% y/y rate in May, contrary to expectations for little change (median +0.1%) after the -0.2% y/y contraction in April. The CPI did expand in…
Read More »