[vc_row full_width=”stretch_row”][vc_column][vc_column_text] FOMC Minutes, Fed Hiking Rates slowly At the November 2nd FOMC meeting, members unanimously agreed to hike the Fed Funds rate by 75bps to bring the key rate to 3.75%-4.0%.The statement from the meeting said members agreed that
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: AUD, NZD, EUR, GBP, CAD, USD AUD: Flash Manufacturing PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry. AUD: Flash Services PMI, it measures Level of a
RBNZ seen raising rates by historic 75 bps Whilst there has been some less expectations that inflation around parts of the world have topped out, recent data for New Zealand is remining us that inflation can remain at elevated levels
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: JPY, AUD, GBP, EUR, CAD, USD JPY: BOJ Core CPI y/y, it measures Change in the price of goods and services purchased by consumers, excluding food and energy. AUD: RBA Gov Lowe Speaks, As head
Japan’s Inflation hits the ‘40-year high Despite the BOJ’s best efforts to contain inflation, prices are indeed rising. Nationwide inflation rose to its highest levels since 1984 at 3.7% y/y and core inflation is also at 3.6%. If food and
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: JPY, GBP, EUR, CAD, USD, GBP JPY: National Core CPI y/y, it measures Change in the price of goods and services purchased by consumers, excluding fresh food. GBP: GfK Consumer Confidence, it measures Level of
US Consumer Remains Strong Equity markets in Europe are back in the red yesterday, while the US looks largely unchanged around the open on Wall Street. Reports of missile strikes in Poland on Tuesday naturally caused a shudder in the
Markets Position, The lower-than-expected US inflation The lower-than-expected US inflation print simply extended with economic data serving as an accelerator. European stocks add a normal 0.6% but US indices open with very solid 0.9-2.5% gains. The US NY Empire manufacturing
AUD/USD – Australian Dollar US Dollar The Australian dollar is in negative territory, after posting huge gains last week. In the European session, AUD/USD was trading at 0.6690, down 0.22%. US Dollar took a nasty spill last week, and the
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: JPY, AUD, EUR, GBP, CAD, USD JPY: Prelim GDP Price Index y/y, it measures Change in the price of all goods and services included in GDP. JPY: Prelim GDP q/q, it measures Change in the
United Kingdom Inflation Rate The UK GDP revealed that the economy shrank by only 0.2% in 3rd Quarter, which means that a contraction of more than 0.55% may be needed in the last three months of the year for the
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: GBP, CHF, EUR, USD, NZD GBP: Rightmove HPI m/m, it measures Change in the asking price of homes for sale. CHF : PPI m/m, it measures Change in the price of goods and raw materials
