Australia’s headline inflation figure rose by 3.4% in February. The chances of an RBA rate cut in August have risen to 68%. There is a […]
Japan finance minister Suzuki keeps mum when asked about stealth FX interventionJapan finance minister Suzuki keeps mum when asked about stealth FX intervention
The barrage of comments or in this case, non-comment, continues with regards to the Japanese yen today. Could Tokyo officials be planning for an Easter […]
Switzerland March UBS investor confidence 11.5 vs 10.2 priorSwitzerland March UBS investor confidence 11.5 vs 10.2 prior
Prior 10.2 Swiss investor sentiment improves further at the end of Q1, reflecting some optimism for now. It doesn’t look like SNB president Jordan stepping […]
Japan’s MOF, FSA, and BOJ to hold meeting to discuss financial marketsJapan’s MOF, FSA, and BOJ to hold meeting to discuss financial markets
USD/JPY sees a bit of a quick dip to just under 151.50 now as this sudden meeting is called. It will take place in a […]
France March consumer confidence 91 vs 90 expectedFrance March consumer confidence 91 vs 90 expected
Prior 89; revised to 90 French consumer confidence continues its rebound into Q1 as fears regarding unemployment subside. That being said, the reading is still […]
Japan finance minister Suzuki reiterates that will take decisive action if needed on FXJapan finance minister Suzuki reiterates that will take decisive action if needed on FX
Closely watching FX moves with a high sense of urgencyIf there are any excessive moves, we will not rule out any options The warnings are […]
Spain March preliminary CPI +3.2% vs +3.2% y/y expectedSpain March preliminary CPI +3.2% vs +3.2% y/y expected
Prior +2.8%HICP +3.2% vs +3.3% y/y expectedPrior +2.9% The readings here may suggest that price pressures are perhaps a tad more persistent than the ECB […]
European indices lightly changed as the session gets underwayEuropean indices lightly changed as the session gets underway
Eurostoxx flatGermany DAX -0.1%France CAC 40 flatUK FTSE flatSpain IBEX +0.3%Italy FTSE MIB -0.1% There is in part some catch up to the late drop […]
WTI Crude Oil Technical AnalysisWTI Crude Oil Technical Analysis
Crude Oil recently managed to break above the 80$ resistance but found another strong resistance around the $83 level. The fundamentals remained pretty much unchanged. […]
Japan top currency diplomat Kanda says no plan to issue statement on FX todayJapan top currency diplomat Kanda says no plan to issue statement on FX today
After the many verbal interventions in the past few days, the situation seems pretty clear. Personally, I won’t take Kanda’s remarks as being a green […]