High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
US PPI final demand MoM for August YoY 1.7% vs 1.8% estimate. MoM 0.2% vs 0.1% est.
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
US weekly initial jobless claims 230K vs 230K expected
Prior 227K; revised to 228K4-week moving average 231KPrior 230KContinuing claims 1.850M vs 1.850M expectedPrior 1.838M; revised to 1.845MThe headline figure continues to keep somewhat steady but at least down from the high of 250K last month. Continuing claims rose...
Comparing the ECB August statement to the September statement
18 July12 September 2024The Governing Council today decided to keeplower the three key ECB interest rates unchanged. The incoming information broadly supportsdeposit facility rate – the rate through which it steers the monetary policy stance – by 25 basis points....
ECB cuts deposit rate by 25 bps in September monetary policy decision, as expected
Prior decisionDeposit facility rate 3.50% vs 3.50% expectedPrior 3.75%Main refinancing rate 3.65% vs 3.65% expectedPrior 4.25%Marginal lending facility 3.90%Prior 4.50%It is now appropriate to take another step in moderating the degree of monetary policy...
ForexLive European FX news wrap: Light movements ahead of ECB decision, more US data
Headlines:Markets:AUD leads, CHF lags on the dayEuropean equities higher; S&P 500 futures up 0.1%US 10-year yields up 1.7 bps to 3.670%Gold up 0.2% to $2,516.57WTI crude up 1.7% to $68.45Bitcoin up 1.0% to $58,057It was a quieter session as markets are lacking any...
S&P 500 Technical Analysis – Back inside the old range
Fundamental OverviewYesterday, we got the US CPI report and, although as expected it didn’t have the same large impact as it used to, the core m/m figure surprised to the upside. The data triggered a repricing in interest rates expectations with the market now seeing...
Euro remains boxed in ahead of the ECB later
In FX, the changes are light overall with dollar pairs keeping in relatively narrow ranges thus far today. The euro is in focus amid the ECB later but there shouldn't be any real surprises from the decision itself. EUR/USD is trapped today in a 17 pips range and...
IEA warns that China slowdown will continue to weigh on global oil demand growth
The IEA kept their forecasts for global oil demand broadly unchanged, seen at 900k bpd this year and 950k bpd for next year. That said, these numbers are way more pessimistic than other forecasters. That especially when you compare to OPEC, as seen here, even with...
이제부터 이곳에서 흡연하면 10만원, 500만원 과태료 냅니다!
https://www.youtube.com/watch?v=lDEBel5Dyhg 길을 걷는 도중에 혹은 잠깐 휴식하기 위해 야외에서 흡연하시는 분들 계실 텐데요. 이제부터 금연하는 구역도 바뀌고 과태료 금액도 크게 달라집니다. 그래서 최근에 변경된 금연 구역과 어떨때 과태료를 내게 되는지 알려드릴게요. #과태료 #뉴스 MoneyMaker FX EA Trading...
Nasdaq Technical Analysis – Incredible rally after the US CPI report
Fundamental OverviewYesterday, we got the US CPI report and, although as expected it didn’t have the same large impact as it used to, the core m/m figure surprised to the upside. The data triggered a repricing in interest rates expectations with the market now seeing...
China reportedly to cut interest rates on $5 trillion mortgages as soon as this month
This is mainly to further reduce borrowing costs and to try and bolster consumption activity. Domestic demand conditions in China have suffered greatly ever since the Covid pandemic and there hasn't been much of a revival in that area despite the world returning back...
USDCHF Technical Analysis – The US CPI triggers a repricing in expectations
Fundamental OverviewYesterday, we got the US CPI report and, although as expected it didn’t have the same large impact as it used to, the core m/m figure surprised to the upside. The shelter component re-accelerated and that’s something to keep an eye on given the...
Gold Technical Analysis – Can’t get out of this range
Fundamental OverviewYesterday, we got the US CPI report and, although as expected it didn’t have the same impact as it used to, the core m/m figure surprised to the upside. The shelter component re-accelerated and that’s something to keep an eye on given the imminent...
Spain August final CPI +2.3% vs +2.2% y/y prelim
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Eurostoxx futures +1.3% in early European trading
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
BOJ’s Tamura: Cannot say whether we could raise rates by year-end
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
BOJ’s Tamura says pace of rate hikes is likely to be slow
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
ECB the main event on the agenda in the session ahead
The dollar held its ground after the US CPI report yesterday here. It was a bit of a mixed one with some emphasis on the monthly core rising. But again, it just serves to rebuff expectations for a 25 bps rate cut next week. That rather than a 50 bps move and market...
Goldman Sachs now sees sequential rate cuts from the BOE starting from November
This is different from what majority of economists are expecting, that to be just one more rate cut this year. Goldman Sachs now sees back-to-back moves for the BOE in November and then December. The firm had previously forecast one more rate cut in the final quarter...