Recession Fears: The Ukraine war is affecting markets
Recession Fears: The Ukraine war is affecting markets The Ukraine ware is affecting markets around the world and generating extreme volatility. Worries over inflation in Europe have been brewing even before Russia war with Ukraine in February. While some considered it was temporary, others warned that it was a sign of a deeper crisis. Now, […]
Upcoming Market Updates: JPY, AUD, CHF, EUR, GBP, CAD, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: JPY, AUD, CHF, EUR, GBP, CAD, USD JPY: BOJ Summary of Opinions, It’s the primary tool the BOJ uses to communicate their economic and monetary projections to investors. JPY: Tankan Manufacturing Index, it measures Level of a diffusion index based on surveyed large manufacturers. JPY: Tankan Non-Manufacturing Index, it measures […]
EUR/USD Climbs on German CPI and BoE Lead
EUR/USD Climbs on German CPI and BoE Lead The Bank of England’s intervention has clamed the bond markets somewhat with production coming down not just in UK, but eurozone and US too. As a result, we are seeing bearish speculators eased off the gas a little, and this is providing some relief for beaten-down currencies […]
Upcoming Market Updates: NZD, JPY, AUD, GBP, CHF, EUR, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: NZD, JPY, AUD, GBP, CHF, EUR, USD NZD: Building Consents m/m, it measures Change in the number of new building approvals issued. JPY: Unemployment Rate, it measures Percentage of the total work force that is unemployed and actively seeking employment during the previous month. JPY: Prelim Industrial Production m/m, it […]
NZ business sentiment is less dire, RBNZ hint at rate cycle high
NZ business sentiment is less dire, RBNZ hint at rate cycle high Business outlook is now -37.6, up 25.9 points higher than the June low. Business outlook rose for a third month and at its fastest m/m pace since December 2020. Activity outlook rose from-4 to -1.8. Import intentions expanded for a second month. A […]
Upcoming Market Updates: NZD, EUR, GBP, CHF, CAD, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: NZD, EUR, GBP, CHF, CAD, USD NZD: ANZ Business Confidence, it measures Level of a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers. EUR: Spanish Flash CPI y/y, it measures Change in the price of goods and services purchased by consumers. GBP: MPC Member Ramsden […]
US Housing data, Core PCE inflation
US Housing data, Core PCE inflation The slowing US housing market is making alive some memories from the 200—2009 great recession but there is some confusion about whether it’s a red flag for the economy these days. New home sales have been trending downwards so far this year and the August reading is expected to […]
Upcoming Market Updates: GBP, JPY, NZD, EUR, CHF, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: GBP, JPY, NZD, EUR, CHF, USD GBP: BRC Shop Price Index y/y, it measures Change in the price of goods purchased at BRC-member retail stores. 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 […]
Upcoming Market Updates: JPY, EUR, USD, GBP
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: JPY, EUR, USD, GBP JPY: SPPI y/y, It’s a leading indicator of consumer inflation – when corporations pay more for services the higher costs are usually passed on to the consume. EUR: M3 Money Supply y/y, it measures Change in the total quantity of domestic currency in circulation and deposited […]
Upcoming Market Updates: GBP, JPY, EUR, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: GBP, JPY, EUR, USD GBP: Rightmove HPI m/m, It’s a leading indicator of the housing industry’s health because rising house prices attract investors and spur industry activity. JPY: Flash Manufacturing PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry. EUR: German Buba […]
GBP down during Asian Trade
GBP down during Asian Trade The pound was aggressively lower during Asian trade. CME stopped trading of GBP futures. GBP/USD touched a record low. Combination of the UK’s mini budget and flight to the dollar weigh on sterling. The GBP was already facing heavy selling pressure on Friday when the UK’s new chancellor unveiled his […]
BOE: Another 50bp hike and we expect more to come
BOE: Another 50bp hike and we expect more to come The BOE hiked policy rates by 50bp, bringing the bank rate to 2.25. The extent to which fiscal policy is set to boost demand and hence impact policy setting is still highly uncertain. Call for a 50bp hike in November and December and 25bp in […]
Upcoming Market Updates: AUD, GBP, EUR, CAD, CHF, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: AUD, GBP, EUR, CAD, CHF, 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 diffusion index based on surveyed purchasing managers in the services industry. GBP: GfK Consumer Confidence, […]
Upcoming Market Updates: NZD, JPY, CHF, EUR, GBP, CAD, USD, EUR
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: NZD, JPY, CHF, EUR, GBP, CAD, USD, EUR NZD: Westpac Consumer Sentiment, it measures Level of a diffusion index based on surveyed consumers. NZD: Trade Balance, it measures Level of a diffusion index based on surveyed consumers. JPY: BOJ Core CPI y/y, it measures Change in the price of goods […]
How Much FOMC Interest Rate Hike By Fed?
How Much FOMC Interest Rate Hike By Fed? The Federal Reserve Open Market Committee lifted the federal funds rate to the 3.0% to 3.25% range and reaffirmed a continuation of its balance sheet runoff. The Fed updated its language stating the “recent indicators point to modest growth in spending and production. Job gains have been […]
Upcoming Market Updates: AUD, NZD, GBP, USD, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: AUD, NZD, GBP, USD, USD AUD: MI Leading Index m/m, it measures Change in the level of a composite index based on 9 economic indicators. AUD: RBA Deputy Gov Bullock Speaks, She’s responsible for advising Reserve Bank Board members – who decide where to set the nation’s key interest rates […]
Increase Success Ratio by these Trading Tools in forex trading
Increase Success Ratio by these Trading Tools in forex trading Brokers play a vital role and make a life by far for traders and investors. Due to brokers only, smooth transactions in the world’s largest financial market are possible. All transactions require a middle man and it is the broker who helps to execute each […]
Reserve Bank Of Australia Raises Rates Again
Reserve Bank of Australia raises rates again The Reserve Bank Board should slow the pace of rate increases once it reaches its assessment of neutral. That is particularly because of the treacherous lags that will have built up as the inevitable result of such a sharp rate increase in rates, from 0.1% back in May. […]