Aussie Slumps on Yuan Depreciation Speculation; US CPI and BoC Loom
Australian Dollar continued its decline today as speculation mounted that China might allow Yuan to […]
US CPI sets to drive EUR/USD for downside breakout
The spotlight today is firmly on the release of US CPI data for November. Expectations […]
Upside Surprise in US CPI Will Strengthen January FOMC Pause
Markets German Bunds outperformed US Treasuries and UK Gilts yesterday as we approach final policy […]
US CPI Inflation: A Potential Headwind for a Rate Cut?
US CPI inflation could inch higher for the second month A December rate cut could […]
US: Small Business Optimism Index Improves Significantly in November
The NFIB’s Small Business Optimism Index rose 8.0 points to 101.7 in November, exceeding market […]
US Small Business Optimism Soars
Small businesses have become more optimistic since the November election, as evidenced by an eight-point […]
Euro Hits 2024 Low vs Sterling as ECB Dovish Expectations Build
Euro’s selloff accelerated today, breaking to a new 2024 low against Sterling. The common currency […]
Gold (XAU/USD) Eyes $2,700 as Fed Rate Cut Looms, Geopolitics in Focus
Gold prices are being supported by a shift in Chinese monetary policy, and geopolitical developments. […]
Expect More Sentiment-Driven Trading Today
Markets The Chinese Politburo’s directive changed risk sentiment at the start of European trading from […]
Japanese GDP Revised Upwards, US NFPs Jump
The Japanese yen has edged lower on Monday. In the European session, USD/JPY is trading […]
US CPI accelerates to 2.7% in Nov, core CPI unchanged at 3.3%
November’s US inflation data came in line with expectations, showing no significant progress toward easing […]