Earnings Dampening the Mood
Equity markets are back in the red on Wednesday, as investors appear to prepare themselves […]
EUR/USD Kept Gradual, But Protracted Uptrend
Markets Yesterday, the (EMU) PMI’s were the main eco story for trading. Both manufacturing (48.8 […]
Australia CPI: Hospitality Prices Surge While Dwelling Price Inflation Eases Back
Headline CPI 1.9%qtr/7.8%yr; Trimmed Mean 1.7%qtr/6.9%yr; Weighted Median 1.6%qtr/5.8%yr. Hospitality services most important factor in […]
AU Inflation – A Report to Match Australia’s (Hot) Weather
Today’s inflation report is one that matches Australia’s weather. Hot. Choose your flavour – core […]
Is the Move Higher in AUD/USD Set to Continue?
Since bottoming on October 12th, 2022, at 0.6170, AUD/USD has been on a tear higher. […]
More Job Cuts, PMI Data and Microsoft Earnings
The week started with more news of layoffs, and further gains in the S&P500. Spotify […]
Dollar Softens Mildly in Subdued Trading, Focus Turns to PMIs
Dollar softens mildly again in rather subdued trading in Asia. Many markets are still on […]
Gold Considers a Fresh 9-Month High, PMIs in Focus
UK and Europe: UK’s FTSE 100 futures are currently up 10.5 points (0.14%), the cash […]
Australia NAB business conditions fell to 12, confidence improved to -1
Australia NAB Business Conditions fell from 20 to 12 in December. Trading conditions fell from […]
Australia PMI composite rose to 48.2, economy is not slowing sufficiently for RBA
Australia PMI Manufacturing fell from 50.2 to 49.8 in January, a 32-month low. PMI Services […]
Global Flash PMIs, and the Return of Investor Optimism?
At the conclusion of the latest WEF meeting in Davos, many of the leaders there […]
Australia CPI rose to 8.4% yoy in Dec, 7.8% yoy in Q4
Australia CPI rose 1.9% qoq in Q4, above expectation of 1.7% qoq. Annual CPI accelerated […]