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 […]
UK March Nationwide house prices +0.2% vs +0.3% m/m expectedUK March Nationwide house prices +0.2% vs +0.3% m/m expected
Prior +0.7% UK house prices edge up in March, with prices now seen 1.6% higher compared to a year ago. Nationwide says that “activity has […]
Eurostoxx futures flat in early European tradingEurostoxx futures flat in early European trading
German DAX futures -0.1%UK FTSE futures flat This mirrors the mood somewhat in US futures, with S&P 500 futures down 0.1%. It also follows the […]
Dollar in the driver’s seat to start April tradingDollar in the driver’s seat to start April trading
European traders will be greeted with an air of dollar strength upon their return from the Easter holiday. That comes as the greenback caught a […]
German inflation the highlight of the European data docket todayGerman inflation the highlight of the European data docket today
It was a four-day weekend in Europe and that saw a rather quiet trading period up until late yesterday. During the US session, the dollar […]
ForexLive Asia-Pacific FX news wrap: Chinese state banks buying onshore yuanForexLive Asia-Pacific FX news wrap: Chinese state banks buying onshore yuan
China’s state-owned banks selling USD/CNY – to support the yuanBitcoin taking a hit, back under $68KAustralia – growth in public employment has masked slowdown in […]
Heads up: Germany states’ CPI readings due later todayHeads up: Germany states’ CPI readings due later today
Headline annual inflation is on the declining trend, as evident by the chart above. However, core prices are the key thing to be mindful of […]
Australia – growth in public employment has masked slowdown in private sector jobs marketAustralia – growth in public employment has masked slowdown in private sector jobs market
A piece in the Australian Financial Review (gated) reports on findings from investment bank Jarden. In brief: About 130,000 of the 437,000 people who gained […]
Bitcoin taking a hit, back under $68KBitcoin taking a hit, back under $68K
Bitcoin has dropped to under US$68K ETH down also, circa $3370 Crypto has seen some pressure after the strong data in the US on Monday, […]
China’s state-owned banks selling USD/CNY – to support the yuanChina’s state-owned banks selling USD/CNY – to support the yuan
Major state owned banks in the market selling USD/CNY. Offshore yuan moving alongside: CNY and CNH have both been weakening, this intervention from state-owned banks […]