Market Update – Risk Appetite ahead of a massive week!
China set a modest target for economic growth this year of around 5% on Sunday, and is poised to implement the biggest government shake-up in a decade. Disappointing the markets!…
Read More »Australian January trade data: Exports +1% m/m (prior-1%) & Imports +5% m/m (prior +1%)
<p>Australian trade balance data for January 2023, a surplus of AUD 11,688mn </p><ul><li>expected 12500 mn</li><li>prior 12237mn</li></ul><p>A huge jump in imports. Consumer sentiment might be in the doldrums but there is…
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USD/JPY Price Analysis: Bears in charge while below 136.50
USD/JPY bears are in play and there is a bias to the downsidse following a series of bearish features taking shape on the follwing techncial analysis:
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Read More »GBP Weekly Forecast: Pound Eyes UK GDP Alongside US NFP
GBP/USD is preparing for some price volatility next week including UK GDP, Fed Chair Jerome Powell and US NFP data
Read More »Fed’s Daly: If next inflation data hot, would adjust rate path higher and longer
<p>San Francisco Fed President Mary Daly is out with some candid comments today. She's plugged into the core of the Fed and was the first to signal a higher path…
Read More »Events to Look Out For Next Week
The week is massive as uncertainty for major central banks actions dominates after the latest data releases back higher for longer stories for most central banks. The weekly agenda includes…
Read More »EUR/USD regained 1.0600, extending its gains due to a soft US Dollar
EUR/USD reversed its course and is set to finish the week with gains of more than 0.80% on a softer US Dollar (USD) amidst speculations that the US Fe
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