Bitcoin Q3 Fundamental Outlook – Short-Term Muddled, Longer-Term Positive
Bitcoin’s bullish momentum spluttered in Q2 as spot ETF buying was outpaced by cash sellers. However, Q3 could facilitate a bullish continuation on speculation of further institutional adoption
Read More »Forexlive Americas FX news wrap: Benign PCE report collides with tumultuous politics
US May core PCE +0.1% vs 0.1% expected UMich June final consumer sentiment 68.2 vs 65.6 prelim Canada April GDP M/M 0.3% vs. 0.3% expected Joe Biden says he isn’t…
Read More »Newsquawk Week Ahead: French & UK elections, US ISM & NFP, EZ CPI, FOMC Minutes
Week Ahead 1st-5th July: Sun: French Parliamentary Election Mon: Canada Day; Japanese Tankan (Q2), Japanese, Chinese Caixin, EZ, UK & US Manufacturing Final PMI (June), German Prelim. CPI (June), US…
Read More »Equities Q3 Fundamental Outlook: Bullish Momentum to Slow
The outlook for US indices is still bullish, but headwinds like stubborn inflation data, inflation expectations, a less inclusive rally, and a seasonal consolidation limit the extent that indices are…
Read More »US Dollar Q3 Fundamental Outlook: US Dollar to Soften as Fundamental Outlook Eases
US inflation cooled in Q2 as did economic growth, opening the door to a rate cut later this year. US yields have likely peaked, leaving the dollar vulnerable to a…
Read More »Forexlive Asia-pacific FX news wrap 28 Jun: Presidential debate was a nothing burger
It was a relatively quiet Asia-Pac session for markets. The presidential debate saw mostly muted market reactions as we didn’t really learn much from it. The USD saw some initial…
Read More »US Dollar Slips After US Durable Goods, Jobs Data – US Q1 GDP Meets Forecasts
The US dollar slipped lower today after data showed a slight softening of demand in the US economy.
Read More »Japan Industrial Production (YoY) increased to 0.3% in May from previous -1.8%
Japan Industrial Production (YoY) increased to 0.3% in May from previous -1.8%
Read More »EUR/USD pinned into low end below 1.0700 once again
EUR/USD backslid into the 1.0680 region on Wednesday after the German GfK Consumer Confidence Survey for July ticked lower unexpectedly, and a lack of meaningful data during the American trading…
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