Tensions Escalating in Middle East
In focus today In the US, ADP private sector employment growth will provide some early […]
AUD/USD Struggles With Gains, Faces A Downturn
Key Highlights AUD/USD faced resistance near 0.6940 and started a downside correction. A key bullish […]
ECB’s Kazaks: Recent data clearly points towards Oct rate cut
ECB Governing Council member Martins Kazaks indicated that recent data “clearly point in the direction […]
SNB’s Schlegel: Prepared for more rate cuts as inflation downside risks outweigh upside
At an event overnight, new SNB Chair Martin Schlegel indicated that the central bank is […]
RBNZ: What Are You Waiting for? OCR to be Cut 50bps in Both October and November
We now expect the RBNZ to cut the OCR by 50bps to 4.75% at the […]
Euro Extends Losses as Eurozone CPI Slows to 1.8%
The euro continues to lose ground and is trading at 1.1080 in the North American […]
US: Manufacturing Index unchanged in September
The ISM Manufacturing Index was unchanged in September, holding at 47.2 and a smidge below […]
US ISM manufacturing unchanged at 47.2, continued contraction
US ISM Manufacturing PMI was unchanged at 47.2 in September, falling short of expectations of […]
European Central Banks Quickening Pace Of Their Monetary Easing
Summary The European Central Bank (ECB) initially adopted a cautious and gradual approach to rate […]
WTI surges on Middle East Conflict, but viewed as corrective move
Oil prices surged overnight, with WTI crude breaking back above 70 as tensions in the […]