Fundamental Analysis Category

Australian Labor Market Surprises Positively – Commerzbank Australia’s employment report delivered stronger-than-expected results this morning, joining the list of countries with unexpectedly robust labor data, notes Commerzbank’s FX analyst, Michael Pfister. AUD Supported Amid Strong Job Creation “Job creation reached 64.1k, slightly outpacing August’s already strong figure, with most gains driven by full-time positions. Meanwhile,

Global Investors Left in the Dark on China as Wall Street Surges Global investors are struggling to navigate China’s economic uncertainties after Beijing’s weekend stimulus update underwhelmed markets. While China remains in a fog, Wall Street powered ahead with the S&P 500 and Dow extending their rally, setting the stage for Tokyo to join in

US CPI Inflation Data Could Shape Market Expectations for Fed Rate Decisions The U.S. Bureau of Labor Statistics (BLS) is set to release the eagerly awaited Consumer Price Index (CPI) inflation data for September on Thursday at 12:30 GMT. The U.S. Dollar (USD) faces potential volatility, as the report could play a significant role in

Japanese Yen Weakens Amid Fading Hopes for BoJ Rate Hikes, FOMC Minutes in Focus The Japanese Yen (JPY) continued to drift lower against the US Dollar (USD) on Wednesday, approaching levels last seen in mid-August. Recent economic data from Japan revealed that real wages declined in August after two consecutive months of gains, while household

Bitcoin and Crypto Market Continue Decline Despite Powell’s Hints at Rate Cuts The cryptocurrency market remained in a downtrend on Monday, despite Federal Reserve (Fed) Chair Jerome Powell hinting at possible further interest rate cuts later this year. Crypto Market Slips Amid Speculation of Rate Cuts Fed Chairman Jerome Powell indicated that while the recent