USD/JPY – Japan’s GDP Improves But Yen Slips
USD/JPY climbs above 137 Japan’s GDP surprises to the upside JP Morgan expects Fed to […]
What about the Dollar? Debt Default Hangs in the Balance as the US Tries to Garner Confidence
The US government is currently actively engaged in attempting to talk its way out of […]
Gold Cools Off After the Rally and Chooses a Path Forward
Gold had made impressive moves yesterday before active trading in New York. Still, comments from […]
Australian Dollar Calm after Wage Growth Accelerates
Australia wage growth accelerates in Q1 JP Morgan expects Fed to trim rates The Australian […]
Bitcoin Set for a Deeper Correction
Market picture The cryptocurrency market capitalisation remained near $1.127 trillion as attempts to develop growth […]
US Debt Ceiling Stalemate Remains Firmly in Place
Markets US treasuries extended their underperformance against German Bunds yesterday as some data beats strengthen […]
US Debt Theater: Final Act?
Risk sentiment remains poor as the US couldn’t reached an agreement on its debt ceiling. […]
US Debt Talks Progress
Market movers today Today is a slow day on the data front. We get the […]
Pound Ignores Lousy News, Including Labour Market
The UK labour market is deteriorating at an increasing rate. Data released this morning showed […]
US: Retail Sales Rise in April for the First Time in 3 Months
Retail sales rose 0.4% month-on-month (m/m) in April, roughly half the consensus forecast calling for […]
RBA: Minutes to May Board Meeting Make Strong Case to Justify Rate Increase
Despite the strong case the Minutes point to the decision in May being “finely balanced” […]
Will Australia’s Labor Data Tempt RBA to Hike Again?
Despite the Reserve Bank of Australia (RBA) saying at its May meeting that more rate […]