RBA Board to Pause Again at its May Meeting: 3.6% Now the Likely Cash Rate Peak
The Reserve Bank Board meets next week on May 2. Following the release of the […]
Fed Preview: One More Hike – Cuts Still Far Away
Fed Preview: One More Hike – Cuts Still Far Away We expect the Fed to […]
ECB Preview: The Art of Compromise
Next week, the ECB will meet to deliver another rate hike in its hiking cycle […]
U.S. Growth Slips to 1.1% in Q1, Though Details Show a Strong Gain in Consumer Spending
Real GDP expanded by 1.1% quarter-on-quarter (q/q, annualized) in the first quarter of 2023 – […]
Bitcoin Hits the Resistance But Does Not Give Up
Market Picture Bitcoin’s rally accelerated late Wednesday after hitting $29K but ran into strong resistance […]
AUD/USD Stems the Bleeding
AUD/USD is trading at 0.6606, down 0.31%. Earlier, AUD/USD fell to a low of 0.6595, […]
USD/JPY – Yen Eyes Tokyo CPI, US GDP
Tokyo Core CPI expected to remain unchanged at 3.2% US to release unemployment claims and […]
Eurozone economic sentiment up slightly to 99.3, third month of sideways movement
Eurozone Economic Sentiment Indicator ticked up from 99.2 to 99.3 in April, below expectation of […]
Temporary First Republic-Related Stress to Fade Further
Markets First Republic shares remain in tailspin, but spillover to other markets was way smaller […]
A Dovish 50bp Rate Hike from the Riksbank
Market movers today Preliminary Q1 GDP data will be released for Sweden and the US […]
AUD/USD Falls Below 0.66 on Lower Inflation, Banking Jitters
AUD/USD drops to 6-week low Australian inflation falls in Q4 First Republic shares slide by […]
Australia March CPI – Goods Deflation Greater than Anticipated
Headline CPI 1.4%qtr/7.0%yr; Trimmed Mean 1.2%qtr/6.6%yr; Weighted Median 1.2%qtr/5.8%yr. The more modest rise in the […]