USD The Fed left interest rates unchanged as expected with basically no change to the statement. The Dot Plot still showed three rate cuts for […]
Nasdaq Composite Technical AnalysisNasdaq Composite Technical Analysis
Yesterday, the Nasdaq Composite managed to close the day positive although the price continues to retreat towards the key support zone around the 16206 level. […]
ECB’s Muller: We are closer to the point to start cutting ratesECB’s Muller: We are closer to the point to start cutting rates
Data may confirm inflation trend going into June meeting As mentioned before, the ECB is waiting on wages data that will be released later in […]
Dollar continues to get checked back to start the weekDollar continues to get checked back to start the week
The moves are relatively light but it continues from the slight drop in the dollar from yesterday. And that follows from the stronger gains at […]
Equities in a better mood so far on the sessionEquities in a better mood so far on the session
S&P 500 futures are now seen up 0.4% with tech shares leading the way once again. Nasdaq futures are up 0.6% and that is underpinning […]
AUD/USD Outlook: Dollar Retreats Amid Profit-TakingAUD/USD Outlook: Dollar Retreats Amid Profit-Taking
The Swiss National Bank cut interest rates by 25 basis points. Fed policymakers emphasized caution as the central bank prepares to cut rates. The data […]
North Korea shuns proposed summit with JapanNorth Korea shuns proposed summit with Japan
North Korea further says that a summit with Japan is not in its interest. Hence, the rejection of the proposal. Kim Jong Un’s sister and […]
BOE’s Mann: It was time to move away from a rate hikeBOE’s Mann: It was time to move away from a rate hike
Discretionary services inflation has started to soften in the past monthThe change of voting intention is due to consumers disciplining firms pricing, thus changing dynamic […]
BOE’s Mann: Markets are pricing in too many rate cutsBOE’s Mann: Markets are pricing in too many rate cuts
In February, I thought markets were easing too muchThere is complacency about how long the BOE will hold ratesIn some ways, the BOE does not […]
Japan business federation chief says USD/JPY above 150 is excessiveJapan business federation chief says USD/JPY above 150 is excessive
So far, all we’re getting is verbal interventions from Japanese officials with regards to the yen. That has helped somewhat to curb any further drop […]