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 »RBI said to be likely stepping into the market to try and limit the rupee’s fall
Reuters is noting that the Indian central bank is likely intervening in the FX market to limit the rupee’s drop today, citing three traders on the matter. USD/INR continues to…
Read More »Major US stock indices close lower. Major indices close lower for the 5th week.
The major US stock indices are closing lower for the day and lower for the week. The decline this week is the 5th consecutive weekly decline. The S&P decline is…
Read More »Everything that Trump hates is what is happening in markets
What a scintillating start to the new week this is. Oil prices have surged by well over 20%, poised for its largest one-day gain on record. And we’re talking about…
Read More »Energy and bond yields continue higher as new week begins
Overnight Headlines *US stocks fell after September NFP missed estimates *USD slipped against most of its G10 peers, DXY still above 94 *WTI oil topped $80 for the first time…
Read More »Forexlive Americas FX news wrap: USD moves higher as yields, Fed taper sends the greenback higher
Forex news for North American trading on September 24, 2021 The CAD and the USD is ending the day as the strongest of the major currencies as the flow of…
Read More »Recap February 21: Bitcoin Explodes $57,000, Texas Freezes, Inflation is Coming (Recap Ep111)
In this week’s recap, we found that global equities generally fell for a third straight session on Thursday, as signs of rising inflation led by higher oil prices and the…
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