BOJ Makes Surprise Change to YCC Policy
Market movers today Today, the German Producer Prices will be released for November. Consensus is […]
Yen Aggressively Stronger Following BOJ’s YCC Announcement
The BOJ (Bank of Japan) have increased their upper limit of their yield target to […]
US Dollar Benefits as BoJ Capitulates to Tighter Policy, Sinking Risk Assets
The US Dollar ascendency got back on track against most currencies except the Japanese Yen […]
USD/JPY IG Client Sentiment: Our data shows traders are now net-long USD/JPY for the first time since Dec 05, 2022 when USD/JPY traded near 136.57.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
RBA considered 50bps, 25bps, and no change at Dec meeting
Minutes of RBA’s December 6 meeting indicates that the board has considered three interest rate […]
BoJ tweaks YCC to allow 10-yr yield to rise to 0.50%
BoJ surprises the markets today by widening the band of 10-year JGB yield from 0.25% […]
RBA Board Considered Pause in December
Despite the pause consideration the case was weak – expect another hike of 25 in […]
GBP/USD Trims Gains, Why Dips Could Be Limited
Key Highlights GBP/USD corrected lower sharply from the 1.2450 resistance zone. A key bullish trend […]
S&P 500 Slide is Stretched While Majors Positioned for Various Reversals
The S&P 500 carried over the bearish momentum that risk trends experienced last week, but […]
S&P 500, Dow Jones, Nasdaq 100 Sink as Treasury Yields Climb, APAC Stocks at Risk
The S&P 500, Dow Jones and Nasdaq 100 sank on Monday as Treasury yields rallied, […]
NZ ANZ business confidence fell to fresh record low
New Zealand ANZ business confidence declined from -57.1 to -70.2 in December, a new record […]