The Midweek Update 01 March 2023
The new month sets off with an upbeat risk-on mood, as the dollar retreats below a monthly high. Dollar The greenback rolls into midweek having continued its advance, reaching levels…
Read More »Patient RBA kicks off central bank meetings
Overnight Headlines *US stocks edged higher on strong corporate earnings *USD eased as EUR moved back above 1.16 *RBA abandons yield control but remains dovish, AUD falls *France pulls back…
Read More »US Update – January 7 – Claims, Trade, Stocks & Services ISM
USA500,H1 A widening US trade gap, a persistently high (although falling) claims and a big beat for ISM Services The -3,000 initial claims drop to 787,000 in the New Year’s…
Read More »Events to Look Out for Next Week
Europe and the US are in the middle of a second wave of Covid-19 infections. The prospect of another hit to the economy in Q4 and emerging lockdown disruptions still…
Read More »Canadian Dollar, Oil and OPEC+
USDCAD has dropped back under 1.2980, pulling lower from yesterday’s rebound high at 1.3010, which was seen after the pair posted a 26-month low at 1.2922. The oil market will…
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