Market Update – May 18
USDIndex lost some ground, albeit with the index at better than 20-year highs, as the market repriced for more hawkish BoE and ECB outlooks. Yen is also back in demand,…
Read More »German & EUR ZEW Investor Sentiment Unexpectedly Improves
EURUSD, H1 The May German ZEW Investor Sentiment expectations number lifted to -34.3 from -41.0 in April. The current conditions indicator came in weaker than expected at -36.5, down from…
Read More »Events to Look Out for Next Week
After a volatile week, with the FED, BOE, RBA and US Jobs out of the way, all eyes are on US Inflation and on central bankers once again. The Jobs…
Read More »Forexlive Americas FX news wrap: More volatility follows benign US jobs report
US April non-farm payrolls +428K vs +391K expected Canada April employment 15.3K vs. 55.0 K estimate Fed’s Barkin wants to raise rates as ‘fast as feasible’ Kashkari: The Fed must…
Read More »Forexlive Americas FX news: As the clock towards the Fed next week, stocks are not happy
May seasonals: What’s in store in the month ahead? Crude oil gives up earlier gains and settles down $0.67 at $104.69 Russia’s Lavrov: Most key customers agreed to gas-payment terms…
Read More »Euro Weekly Forecast – Will the ECB Disappoint the Hawks Next Week?
Next week's ECB monetary policy meeting will test President Christine Lagarde's ability to manage market expectations while at the same time proving that the central bank remains in control.
Read More »US Weekly Claims shows more job market tightness
In the week ending April 2, the advance figure for seasonally adjusted initial claims was 166,000, a decrease of 5,000 from the previous week’s revised level. The previous week’s level…
Read More »Market Update – March 21 – Risk Aversion Picks Up
Risk aversion continues to dominate as Russia’s attack intensifies and hopes of resolution through talks fade. Stagflation concerns and the longer term impact on the recovery are keeping a lid…
Read More »Market Update – March 11
US CPI is at a fresh 40-year peak, and there was a hawkish slant from the ECB for which the markets were not fully prepared. Risk off prevails with Asian stocks…
Read More »ECB Pressured To Stick With Open Ended Asset Purchases
In its next meeting the ECB was to confirm an end to net asset purchases and pave the way for a rate hike in the last quarter of the year….
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