Towards the end of last year, it was a case of traders being overly aggressive in pricing in rate cuts. And in the first two […]
Nasdaq Composite Technical AnalysisNasdaq Composite Technical Analysis
Yesterday, the Nasdaq Composite finished another day basically flat as the lack of catalysts and the holiday-shortened week led to a rangebound price action. Today […]
USD/JPY set to end the week on a flat note after Tokyo warnings, what’s next?USD/JPY set to end the week on a flat note after Tokyo warnings, what’s next?
The pressure is most definitely on for the Japanese yen as the Easter break approaches. The barrage of verbal interventions by Tokyo officials have helped […]
Italy March preliminary CPI +1.3% vs +1.4% y/y expectedItaly March preliminary CPI +1.3% vs +1.4% y/y expected
Prior +0.8%HICP +1.3% vs +1.5% y/y expectedPrior +0.8% Istat notes that the slight acceleration in inflation this month was partly caused by an easing in […]
France March preliminary CPI +2.3% vs +2.6% y/ y expectedFrance March preliminary CPI +2.3% vs +2.6% y/ y expected
Prior +3.0%HICP +2.4% vs +2.8% y/y expectedPrior +3.2% The drop is definitely encouraging and reaffirms that the ECB is well on track to cut rates […]
USDJPY Technical AnalysisUSDJPY Technical Analysis
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 […]
GBPUSD Technical Analysis – Awaiting a breakoutGBPUSD Technical Analysis – Awaiting a breakout
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 […]
Taiwan navy chief reportedly to visit US next weekTaiwan navy chief reportedly to visit US next week
Reuters is reporting that Taiwan’s navy chief, Tang Hua, will be in the US next week to attend a military ceremony. And also to discuss […]
Easter break subdues markets ahead of the weekendEaster break subdues markets ahead of the weekend
It is shaping up to be a quiet one as we look towards the session ahead today. That is to be expected though as the […]
US inflation report coming up on Friday when markets will be closed – ranges to watchUS inflation report coming up on Friday when markets will be closed – ranges to watch
PCE inflation data for February will be released! What is this? The Federal Reserve prefers the Core Personal Consumption Expenditures (PCE) Price Index over the […]