Reserve Bank of Australia Raised Policy Rate Further by 25 bps
Markets A disappointing US non-manufacturing ISM was yesterday’s defining moment for FI and FX trading. […]
$3500 per Headset
Crude oil fully pared post-OPEC gains yesterday, as Saudi’s lonely production cuts and the quota […]
June Flashlight for the FOMC Blackout Period
To Hike or Not to Hike, That Is the Question Summary After raising rates by […]
Euro Extends Losses After Sizzling Nonfarm Payrolls
ECB’s Lagarde hints at further rate hikes US nonfarm payrolls surges to 339,000 US unemployment […]
US: ISM Shows Services Sector Growth Slowed in May
The ISM Services PMI index pulled back to 50.3 in May from 51.9 in April. […]
AUD/USD Edges Lower ahead of RBA Rate Announcement
US nonfarm payrolls surge, unemployment climbs RBA expected to pause at Tuesday’s meeting The Australian […]
FOMO Regime Change for US Stock Market
The laggards, Dow Jones Industrial Average & Russell 2000 have recorded stellar single-day outperformances on […]
Dollar Profited from the Rate Support
Markets US payrolls delivered once more in May. The Bureau of Labour Statistics reported a […]
RBA Board to Hold the Line at the June Meeting
The Reserve Bank Board meets next week on June 6. The meeting is live in […]
Weekly Economic & Financial Commentary: The U.S. Avoids Default
Summary United States: The U.S. Avoids Default This week, Congress and the president prevented what […]
The Weekly Bottom Line: Hot GDP Report Adds to Case for a Rate Hike
U.S. Highlights Congress passes a deal to suspend the debt limit, averting the “worst case […]