USD/JPY: The Last Leg of the Bullish Impulse is Similar to the Ending Diagonal
The USDJPY chart shows the formation of a global impulse trend, which consists of cycle […]
NZDUSD Shows Positive Signs above 50-day SMA in Short-term
NZDUSD rebounded off the 31-month low of 0.5510 in the mid-October. Currently, the market is […]
A Fourth 75 bps Rate Hike is a Done Deal
Markets Asia’s equity scorching rally (HK more than +5%) following unconfirmed social media reports that […]
Don’t Expect Powell to Spark a Risk Rally
Jay Powell will probably hammer the dovish hopes, and the latest risk rally when he […]
Too Early for a Fed Pivot
Market movers today Today markets will zoom in on the FOMC meeting. It is too […]
Dollar Softens as FOMC Awaited, Yen Firms Up
Dollar is trading mildly lower in Asian session today, but manages to maintain most of […]
Fed to hike 75bps, would Powell indicate slower tightening ahead?
Fed is widely expected to raise interest rate by 75bps again today, to 3.75-4.00%. The […]
NZ unemployment rate unchanged at 3.3%, record hourly earning growth
New Zealand employment grew 1.3% in Q3, above expectation of 0.5%. Unemployment rate was unchanged […]
Australia AiG manufacturing fell to 49.6, longstanding supply-side problems continue
Australia AiG Performance of Manufacturing Index dropped -0.6 to 49.6 in October. Looking at some […]
Japan Suzuki concerned about gradual weakening of Yen
Japan Finance Minister Shunichi Suzuki told the parliament, “I am very concerned about the gradual […]
Crude Oil Price Eyes Fresh Increase, Fed Decision Next
Key Highlights Crude oil price started a fresh increase above the $86.50 and $87.20 resistance […]
Eurozone PMI manufacturing finalized at 46.4, moved into a deeper decline
Eurozone PMI Manufacturing was finalized at 46.4 in October, down from September’s 48.4. Manufacturing Output […]