Employment Rate Change In Canada Employment change in Canada is better than expected and this will help Bank Of Canada to hike again in next meeting which will be in September. NFP tomorrow, markets will be focusing on the data,
Upcoming Market Updates: AUD, JPY, AUD, EUR, GBP, CHF, CAD, USD AUD: AIG Services Index, it measures level of a diffusion index based on surveyed service-based companies. JPY: Average Cash Earnings y/y, it measures Change in the total value of
AUD/USD After RBA Meeting Policy rate as expected by RBA was raised by 50 bps to 1.85% last Tuesday. This is the fourth consecutive hike and steepest in almost 30 years. This helped a little to raise AUD/USD, which was
Upcoming Market Updates: GBP, USD, CAD GBP: MPC Official Bank Rate Votes, The BOE’s MPC meeting minutes contain the interest rate vote for each MPC member during the most recent meeting. The breakdown of votes provides insight into which members
Swiss National Bank, CHF A message from Swiss National Bank was sent to markets last week which was that it may take monetary policy measures at any time between regular assessment dates if circumstances require that. Last meeting of SNB
Upcoming Market Updates: AUD, NZD, USD, NZD, AUD, CNY, CHF, GBP AUD: AIG Construction Index, it measures level of a diffusion index based on surveyed construction companies. NZD: Employment Change q/q, it measures change in the number of employed people.
The Reserve Bank of Australia (RBA) Monetary Policy Meeting Australia dollar got strong yesterday and AUD/USD was trading at 0.7030 which was up 0.57% on the day. Reserve Bank of Australia is having a meeting today and it is expected
Upcoming Market Updates: JPY, AUD, GBP, CHF, EUR, CAD, USD JPY: Monetary Base y/y, it measures change in the total quantity of domestic currency in circulation and current account deposits held at the BOJ. AUD: Building Approvals m/m, it measures
Upcoming Market Updates: AUD, NZD, EUR, GBP, USD, JPY AUD: AIG Manufacturing Index, it measures level of a diffusion index based on surveyed manufacturers. NZD: Building Consents m/m, it measures change in the number of new building approvals issued. JPY:
Upcoming News for this Week:- FOMC, RBA, BOE FOMC The FOMC increased rates by 75bps increasing the Fed Funds rate from 1.75% to 2.50%. The statement confirmed that spending and production were soft, however job increase remain strong. The Fed
The US Economy || US rate hike cycle concludes in 2022 Last week was very active for global rebirth in risk appetite despite a run of data which pointed to deteriorating US economic growth. This is because the softer tone
Upcoming Market Updates: JPY, AUD, EUR, CHF, GBP, CAD JPY: Prelim Industrial Production m/m, It’s a leading indicator of economic health – production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such
The FOMC raised rates by 75 bps which was widely expected As widely expected, the Federal Open Market Committee raised the range of its target for the the federal funds rate by 75 bps, which brings the top end of
Upcoming Market Updates: NZD, AUD, EUR, USD NZD: ANZ Business Confidence, it measures level of a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers. AUD: Import Prices q/q, it measures change in the price of
AUD Second Quarter Increase | Xtreamforex In the second quarter of 2022 Australian inflation data has increased to 6.1%, but below the agreed expectations relaxing the fear of a surprising 75bp rate increase when the RBA has a meeting next
Upcoming Market Updates: GBP, AUD, EUR, CHF, USD GBP: BRC Shop Price Index y/y, it measures change in the price of goods purchased at BRC-member retail stores. AUD: CPI q/q, it measures change in the price of goods and services
Upcoming Market Updates : JPY, GBP, USD JPY: Monetary Policy Meeting Minutes, It’s a detailed record of the BOJ Policy Board’s meeting, providing in-depth insights into the economic conditions that influenced their decision on where to set interest rates. JPY:
This Weeks’s currency pair, EURUSD The ECB hike of last week is the highest hike in past 11 years which brought the interest rate from -0.50% to 0.00%. Further normalization of interest is appropriate, indicating that there will be another
