Waning Reflation Appetite?
The week hasn’t been pleasant for the market bulls. On Wednesday, the FOMC minutes showed […]
Cliff Notes: Consumers and Central Banks Seek Confidence
Key insights from the week that was. In Australia, Westpac-MI Consumer Sentiment is still yet […]
Hand in Hand is the Surer Way to Land
Households are cutting consumption in a textbook response to higher interest rates. This, and a […]
USD/JPY Steady as Japanese PMIs Mixed
The Japanese yen is slightly lower on Thursday. USD/JPY is trading at 156.70, down 0.08% […]
New Zealand Dollar Rises After Hot Retail Sales Data
The New Zealand dollar is in positive territory on Thursday. NZD/USD is up 0.38%, trading […]
EUR/USD Fell With Noticeable Acceleration After FOMC Minutes
Markets Above-consensus April inflation figures in the UK triggered an obvious underperformance of gilts, resulting […]
May PMIs are Today’s Main Event
In focus today In the euro area, focus turns to the May PMIs. The economy […]
Fed Minutes Continue to Underscore Fed’s Data Dependent Approach
The minutes from the April 30-May 1, 2024 Federal Open Market Committee (FOMC) interest rate […]
UK Inflation Distanced the Expected Rate Cut
Inflation in the UK exceeded forecasts, making traders and investors cautious about the prospects for […]
GBP/USD Shrugs as UK Inflation Higher Than Expected
The British pound edged higher earlier today but has pared most of those gains. GBP/USD […]
Bank of England – Revised BoE Call – Hot Service Inflation Spells Trouble
On the back of continued strong inflationary pressures in the service sector, as evident in […]
Eurozone PMI composite hits 12-month high at 52.3, pointing to 0.3% GDP growth in Q2
In May, Eurozone’s PMI Manufacturing rose from 45.7 to 47.4, surpassing expectations of 46.6 and […]