GBP Forecast: Omicron Adds Uncertainty to BoE Rate Rise

Scientific data on vaccine efficacy a trigger for a BoE rate rise this month.

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GBP/USD slides for the fourth day in the week meanders around 1.3230s

The British pound pares Thursday’s gains and some more, is down some 0.50%, trading at 1.3232 during the New York session at the time of writing. A ri

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Dollar moving on up ahead of NFP

Overnight Headlines *Senate approves spending bill averting government shutdown *Oil stabilises following the OPEC+ surprise decision to continue their 400k output increase *Dollar edges higher before US jobs data as…

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New Gap Up!- Pre Market Analysis – June 1, 2021

New Month? Are new All Time Highs inbound? We will see. Lets watch the ranges in the AM and see where the day takes us. Like & Subscribe! Join the…

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Japan Jibun Bank Services PMI up to 53 in November from previous 50.7

Japan Jibun Bank Services PMI up to 53 in November from previous 50.7

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Oil markets looking to OPEC+ meeting for support

Overnight Headlines *Asian markets mixed as Omicron worries leave investors on edge *US health officials find first US case of new variant *USD erased losses after news of arrival of…

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Chinese Yuan Forecast: USD/CNH Eyes PMI Data as Prices Gyrate Near 2021 Low

The Chinese Yuan weakened versus the US Dollar overnight, but PMI data out of China and Hong Kong may influence USD/CNH in today's APAC session.

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US Open – Claims better again and OPEC increases production

USOil, H1 Initial claims bounced 28k to a lean 222k in the final week of the month, hence trimming last week’s -76k plunge to a 52-year low of 194k (was…

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Japan services PMI for November 53.0 (vs. 50.7 prior)

Jibun Bank Japan Services and Composite PMIs for November improved as coronavirus states of emergency declaration eased back.  Services 53.0  Composite 53.3

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