Fundamental OverviewCrude oil continues to remain supported as the buyers might be looking forward to the consequences of the Fed’s easing cycle on economic activity. As a reminder, the positioning in crude oil is at record lows and the sentiment is very bearish....
BOE’s Mann: Policy needs to stay restrictive to purge inflationary behaviours
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,...
Gold Technical Analysis – The fall in real yields drives the price higher
Fundamental OverviewThe Fed this week finally started its easing cycle and decided to do it with a 50 bps cut. The market was already leaning towards a 50 bps move, so it wasn’t a surprise. The larger cut was framed as kind of an “insurance” cut with the dot plot...
BOJ governor Ueda: Easy monetary conditions are in place as real rates remain negative
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 governor Ueda: Will carefully communicate thinking behind policy decision with markets
Aware of criticism on communication being insufficient, with regards to post-July meeting market routWould be good to have communicate more frequently on our view on price outlookMarket rout in early August was temporaryThe impact on consumption and financial system...
European equities kick start the day on a slightly softer note
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,...
Gold tops $2,600 as the bulls seek out the next leg higher
Gold (XAU/USD) daily chartUp, up and away for gold? The bulls are certainly looking poised and are angling for the next leg higher now as we approach European trading. Price is running above the $2,600 mark to fresh all-time highs as the post-Fed musings continue to...
BOJ governor Ueda: Recent data confirms economy is moving in line with our outlook
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,...
France September business confidence 98 vs 97 prior
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 governor Ueda: Japan economy is recovering moderately, although there is some weakness
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’s de Guindos: We will have more information in December than in October
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,...
Germany August PPI +0.2% vs 0.0% m/m expected
Prior +0.2%The slight bump in August owes mostly to energy prices (+0.8%). If you strip that out, producer prices were actually flat on the month in Germany. Looking at the other individual breakdowns, intermediate goods prices fell by 0.3%, capital goods prices rose...
UK August retail sales +1.0% vs +0.4% m/m expected
Prior +0.5%; revised to +0.7%Retail sales +2.5% vs +1.4% y/y expectedPrior +1.4%; revised to +1.5%Retail sales (ex autos, fuel) +1.1% vs +0.5% m/m expectedPrior +0.7%; revised to +1.0%Retail sales (ex autos, fuel) +2.3% vs +1.1% y/y expectedPrior +1.4%UK retail sales...
Fed fund futures suggest November is starting to resemble a coin flip again
Fed fund futures probability for 7 November meetingThe Fed might be signaling that they intend to cut by just 25 bps each in November and December. However, they've shown this week that they can be bullied into a decision by markets. The onus now lies on economic data...
BOJ rounds off the central bonanza for the week
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,...
ForexLive Asia-Pacific FX news wrap: USD/JPY loses a little ground
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,...
Bloomberg: China Weighs Removing Major Homebuying Curbs to Boost Demand
Bloomberg carry the report saying that China is considering removing some of the largest remaining restrictions on home purchases. Measures are said to include tier 1 cities to relax restrictions for non-local buyers.Bloomberg add that 'after previous measures failed...
Federal Reserve Bank of Philadelphia President Harker speaking on Friday
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,...
China’s electricity consumption rose 8.9% year on year in August
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,...
RBA meting next week – preview – to leave the cash rate on hold at 4.35%
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,...