The cat is out of the bag and Taiwan is not shying away. Taiwan’s premier, Su Tseng-chang, is saying that they are welcoming visits by any foreign guests and that the government will make...
Read More
1 Minute
1 Minute
RBA raises cash rate by 50 bps to 1.85%, as expected
Prior 1.35% Inflation is expected to peak later this year, then decline back towards 2-3% range Central forecast is for inflation to be around 7.75% over 2022, a little over 4% over 2023 Australian economy...
Read More
0 Minutes
EUR/USD Forex Signal: On Cusp of Breakout to 1.03500
Bullish View Buy the EUR/USD and set a take-profit at 1.0350. Add a stop-loss at 1.0150. Timeline: 1-2 days. Bearish View Set a sell-stop at 1.0160 and a take-profit at 1.000. Add a stop-loss...
Read More
2 Minutes
USD/JPY STRUGGLES NEAR ONE-AND-HALF-MONTH LOW, DEFENDS 132.00 MARK FOR NOW
USD/JPY drops to a one-and-half-month low and is pressured by a combination of factors. The USD languishes near a multi-week low amid bets for a gradual Fed tightening path. The narrowing US-Japan rate differential,...
Read More
1 Minute
Reserve Bank of Australia policy meeting on Tuesday 2 August – preview
The RBA meets on Tuesday and is expected to deliver another 50bp hike , taking the cash rate to 1.85% and its highest since April 2016. A 50bp hike is the overwhelming consensus (22...
Read More
1 Minute
University of Michigan consumer sentiment (final) for July 51.5 vs. 51.1 expectations
The University of Michigan sentiment data is out (final) for July: preliminary report consumer sentiment 51.5 vs. 51.1 estimate and 50.0 preliminary current conditions 58.1 vs. preliminary 53.8 expectations 47.3 vs. preliminary 47.5 one...
Read More
0 Minutes
The seasonals were right: July on track to be best month since 2020. What about August?
S&P 500 futures are pointing to another 0.7% gain at the open after Amazon surged 12% premarket after earnings and Apple rose 2.6%. The latest round of earnings has been some comfort to markets...
Read More
1 Minute
USD/MXN: Fed jest ważny, ale cena ropy naftowej jest kluczowa
Kurs USD/MXN zbliża się do ważnych poziomów wsparcia, na które czeka amerykański bank centralny, ale czynnikiem krytycznym mogą być względy dotyczące ceny ropy naftowej WTI. W chwili pisania tego tekstu para USD/MXN zbliża się do poziomu...
Read More
1 Minute
Heads up: Germany states’ CPI readings due later today
German consumer inflation moderated slightly in June with the headline reading easing to 7.6% y/y, down from a peak of 7.9% y/y in May. Estimates are looking for the figure to moderate further in...
Read More
1 Minute
Natural Gas Technical Analysis: Settles at Highest in 7 Weeks
Natural gas futures rose on Tuesday but pared early gains, settling at their highest levels since June 7, according to Dow Jones Market data. Prices continued to get a boost after reports that Russian...
Read More