> Central Banks > ECB's de Cos: Core inflation has turned a corner Central Banks Remarks by ECB policymaker, Pablo Hernandez de Cos <!--> --> Justin Low Wednesday, 11/10/2023 | 11:12 GMT-0 11/10/2023 | 11:12 GMT-0 <!--> --> More confident that...
US MBA mortgage applications w.e. 6 October +0.6% vs -6.0% prior
Prior -6.0%Market index 179.3 vs 178.2 priorPurchase index 137.5 vs 136.6 priorRefinance index 385.8 vs 384.6 prior30-year mortgage rate 7.67% vs 7.53% priorAfter a sharp drop in mortgage applications in the week before, there is a mild bounce back in activity with...
Copper Technical Analysis – The buyers are eyeing the top trendline
The recent breakout of the symmetrical triangle led to a fall into the key support around the 3.54 level. The causes are the tighter monetary conditions that are leading to a slowdown in global growth. Moreover, in the past weeks we also had some risk aversion due to...
[수익 인증] 부업으로 월 170~230만원 돈버는 새로운 방법 (나이 학력 무관! 0원으로 누구나 가능! 50대인 저도 매달 부수입 얻어요) ft.별하나팡팡
https://www.youtube.com/watch?v=HkbflAZ0h7Q 그동안 다양한 직장인 부업을 소개해 드렸는데요, 오늘은 부업으로 월 170~230만원을 순수익으로 벌고 있는 새로운 돈버는 방법을 소개합니다. 이번에 만난 인터뷰이는 별하나팡팡 님인데요, 별하나팡팡 님은 정년이 가까워오는데, 자녀들은 아직 학령기라서 월급만으로는 답이 나오지 않아, 본업과 병행 가능한 부업이 필요했습니다. 우연히 시작한 부업을 통해, 현재는 해당 부업만으로도 월 170~230만원...
Xsolla Announces Acquisition Of Lightstream Rainmaker And Api.Stream
Xsolla, a global video game commerce company, is thrilled to announce its strategic acquisition of Lightstream, Rainmaker, and API.stream from Videndum, the parent company. These innovative sets of tools are designed to revolutionize the landscape of content creation...
Dollar relatively steady so far on the session
It's a slower session all around so far as major currencies are mostly little changed against the dollar for now. The ranges for the day are also relatively narrow, so that's not leaving much to be desired in European morning trade. Here's a snapshot of dollar pairs...
GBPJPY Technical Analysis – We are at a key resistance zone
UK:The BoE kept interest rates unchanged at the last meeting. The central bank is leaning more towards keeping interest rates “higher for longer” but it kept a door open for further tightening if inflationary pressures were to be more persistent. Key economic data...
ECB’s Knot: Policy is in a good place now
Inflation is still too highBut effects of inflation shock are waningEconomic cooldown desirable to tame inflationRestrictive policy will be needed for some timeStands ready to adjust rates further if disinflation process stallsFor one of the more hawkish members to...
Market Update – Asia stocks hit 2-week high as Fed talk turns dovish
Stock markets moved higher overnight, as jitters over the Israel-Hamas war continued to ease and traders trimmed expectations for further rate hikes in the US. There were also reports of further and more comprehensive stimulus measures for China, although while the...
Fed’s Bowman: Interest rates may need to rise further
Inflation remains well above the FOMC's 2% targetJob market remains tightThis suggest policy rate may need to rise furtherAnd stay restrictive for some time to return inflation back to target goalThe headline is mainly to keep the option on the table but unless we get...
Eurozone consumers still see inflation higher for longer
Inflation in the next 12 months seen at 3.5% (previously 3.4%)Inflation for 3 years ahead seen at 2.5% (previously 2.4%)That's not reassuring as households/consumers are seemingly not convinced that the central bank can return inflation back to the 2% mark by...
Treasury yields dip further as Middle East tensions linger
US Treasury 10-year yields (%) 5 mins chartIt's a notable drop in the last ten minutes or so as there is a headline saying that two missiles have been fired from Lebanon towards Israel, as reported by local state media NNA. Besides that, I'm not seeing anything else...
FX option expiries for 11 October 10am New York cut
There aren't any major expiries to take note of for the day. As such, trading sentiment will continue to be influenced by broader market developments. And in today's (and tomorrow's) case, it will center around US economic data releases. We will get PPI data later and...
A more tentative mood greets European traders today
Major currencies are little changed and the overall mood in the equities space is more tepid at best to start the session. European indices posted very strong gains in trading yesterday but are checked back slightly today, not helped by a fall in French stocks after...
WTI Crude Oil Technical Analysis – Watch for these signs for the next direction
Crude Oil eventually sold off from the $94 resistance as the demand side might have come into question due to elevated prices amid tighter monetary conditions, rising US Dollar and global yields, and falling equity prices. Crude Oil opened higher on Monday due to the...
NZDUSD Technical Analysis – Watch this key support
US:The Fed left interest rates unchanged as expected at the last meeting.The macroeconomic projections were revised higher as the economy showed much stronger resilience than expected and the Dot Plot showed that the majority of members still expects another rate hike...
Germany September final CPI +4.5% vs +4.5% 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,...
Dollar feeling toppish?
It's not exactly promising for the dollar as risk trades are showing much more mettle so far this week, building on the rebound from late Monday. Treasuries had some catching up to do but ended up more bid, with 10-year yields dipping back to around 4.64% after...
Consultations ongoing on establishing a Humanitarian Corridor between Gaza Strip and Egypt
I know, not FX. But 28 of my posts today have been, so this is 1 on world events more broadly. The news crossing that consultations are still ongoing between the United States, Israel, and Egypt on establishing a Humanitarian Corridor between the Gaza Strip and...
ForexLive Asia-Pacific FX news wrap: Little net change for major FX rates, awaiting US PPI
China property developer Country Garden likely to formally default on $15mn coupon paymentFOMC minutes due Wednesday. Fed speakers too, including Bowman, Waller, Bostic, Collins.London's Luton Airport suspended all flights due to fire that partially collapsed car...