What will happen to GBP/USD if the UK surprises with higher CPI? US released its August CPI report. The headline was 8.3% YoY and expectation of 8.1% YoY and a July reading of 8.5% YoY. Headline inflation is decreasing.
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: NZD, JPY, GBP, EUR , USD NZD: Current Account, it measures Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous quarter. JPY: Core Machinery Orders m/m, it
Silver outshines gold as dollar slips | Xtreamforex The new week has started with a bang for risk-sensitive assets, including stocks and metals. Silver had risen around 5% so far on the day, and was leading other metals higher. Gold
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: NZD, JPY, AUD, EUR, GBP, CHF, USD NZD: FPI m/m, it measures Change in the price of food and food services purchased by households. JPY: BSI Manufacturing Index, it measures Level of a diffusion index
EUR/USD faces barricades around 0.9863, focus shifts to US Inflation data The past week was marked by two important events. The EUR/USD pair updated its 20-year low on Tuesday, September 6th once again, falling to 0.9863. And then the European
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: NZD, GBP, JPY, EUR, USD NZD: Visitor Arrivals m/m, it measures Change in the number of short-term overseas visitors who arrived in the country. GBP: GDP m/m, it measures Change in the total value of
Unease Market on Inflation Expectations Second quarter GDP for Australia met the market’s expectation at 0.9%, 3.6%yr. As expected, household consumption drove growth in the quarter, consumption’s strong 2.2% gain in the 3 months to June coming as a result
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: JPY, EUR, GBP, CAD, USD JPY: M2 Money Stock y/y, It’s positively correlated with interest rates – early in the economic cycle an increasing supply of money leads to additional spending and investment, and later
USD/CNH – US Dollar Chinese Yuan Offshore News Another news from China which is not good. It is nation’s trade disappointing figures expectation. The yuan fell further, USD/CNH to almost 7.0000. The poor imports figure in particular raised concerns about
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: NZD, GBP, JPY, AUD, EUR, CHF, USD, CAD NZD: Manufacturing Sales q/q, it measures Change in the total value of sales at the manufacturing level. GBP: RICS House Price Balance, it measures Level of a
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: AUD, JPY, EUR, GBP, CHF, EUR, CAD, USD AUD: AIG Construction Index, it measures Level of a diffusion index based on surveyed service-based companies. AUD: GDP q/q, it measures Change in the inflation-adjusted value of
Australia’s economy grew strongly earlier this year The national accounts released today showed the Australian economy in the second quarter expanded by a solid 0.9% and 3.6% YoY. It’s the third consecutive quarter of economic expansion for the Australian economy.
