RBA leaves cash rate unchanged at 4.35% in June monetary policy meeting, as expected
Prior 4.35% Decision today was unanimous Headline and underlying inflation are still too high Heightened uncertainty remains on economic and inflation outlook Resolution of the conflict in the Middle East…
Read More »JGBs steady, Nikkei eases from record high as BOJ rate decision looms
The relative calm in JGBs ahead of the decision reflects a market that has already done its pricing work. A hike to 1% is not the story; Deputy Governor Uchida’s…
Read More »Global markets: Oil, bonds and equities react to conflict – Deutsche Bank
Deutsche Bank reviews performance of Oil, bonds, European equities and precious metals from late February to last Friday during the conflict. The bank notes Oil and AI-related trades surged, while…
Read More »How To Trade Major Market Moves / WMP 6/12
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Read More »Could SpaceX Crash the Nasdaq…?
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Read More »PBOC is expected to set the USD/CNY reference rate at 6.7544 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most…
Read More »S&P 500 outlook: Using Elliott Wave analysis to spot key market turning points
In the June 3 update, when the S&P 500 (SPX) was trading at around $7,570, it was shown, using the Elliott Wave Principle combined with market breadth, that “the weight…
Read More »Forecasting the upcoming week: Fed, BoJ, BoE and RBA decisions take center stage
The US Dollar Index (DXY) lost ground during the week, down 0.27% to trade near the 99.80 level as investors prepared for a heavy central bank calendar the following week.
Read More »AUD/JPY Price Forecast: Drifts higher above 112.50, upside momentum fades but remains bullish
The AUD/JPY cross trades in positive territory around 112.80 during the early European trading hours on Friday. The Australian Dollar (AUD) strengthens against the Japanese Yen (JPY) on hopes that…
Read More »US CPI data set to show inflation at three-year high in May, backing Fed hawkish tilt
The US Bureau of Labor Statistics (BLS) will publish the May Consumer Price Index (CPI) data on Wednesday. The report is expected to show another step up in consumer inflation,…
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