The median consensus expectation is for a slight rise in Australian monthly inflation in February. Inflation is proving to be sticky in many economies, Australia […]
Nasdaq closes on the the lows of the day as chipmakers weighNasdaq closes on the the lows of the day as chipmakers weigh
The highs for the day in the Nasdaq today came moments after the open. It was steady trading but mostly lower from there until the […]
BofA: Dusting off the CNY playbook; Analyzing currency reactions to Chinese yuan movementsBofA: Dusting off the CNY playbook; Analyzing currency reactions to Chinese yuan movements
Bank of America delves into the sensitivity of different currencies to fluctuations in the Chinese Yuan (CNY), spotlighting three key periods of CNY depreciation in […]
Late selling hits crude, falls 33-cents on the dayLate selling hits crude, falls 33-cents on the day
Oil chopped between gains and losses today after a large rally yesterday. However it failed to hold above $82 for the second day and slipped […]
Credit Agricole: Prelim month-end fixing model points to moderate USD sellingCredit Agricole: Prelim month-end fixing model points to moderate USD selling
Credit Agricole’s analysis of March’s financial market movements, including the rise in global equity markets and the USD’s overall strength, indicates a trend towards moderate […]
China files a WTO complaint against US electric-vehicle subsidiesChina files a WTO complaint against US electric-vehicle subsidies
This might be the beginning of the end of the WTO. China is challenging US rules in the IRA that require vehicles to use parts […]
European equity close: Six days in a row for the DAXEuropean equity close: Six days in a row for the DAX
Closing changes: Stoxx 600 +0.3%German DAX +0.8%UK FTSE 100 +0.2%French CAC +0.4%Italy MIB +0.2%Spain IBEX +0.4%. The DAX is one of the great examples of […]
US set to sell a record $67 billion of 5-year notesUS set to sell a record $67 billion of 5-year notes
Yesterday’s US 2-year sale tailed and given the $67 billion size, there is a good risk this one could as well. The last six 5 […]
US sells 5-year notes at 4.235% vs 4.245% WIUS sells 5-year notes at 4.235% vs 4.245% WI
A one basis point stop through and an impressive result. This article was written by Adam Button at www.forexlive.com.
Gold has second thoughts after testing $2200Gold has second thoughts after testing $2200
Gold today rose as high as $2199 but failed to break back above $2200. That’s a level it first crossed on March 20 before it […]