Market Gets into Risk-on Sentiment after Fed Meeting Minutes
On Wednesday, the New Zealand dollar was the best-performing currency among the 20 global currencies […]
Pound Steadies after Sterling Performance
The British pound has steadied on Thursday, after soaring 1.4% a day earlier. In the […]
AUDUSD Erases Pullback, Eyes Recent Rejection Region
AUDUSD has been stuck in a steep downtrend since early March, but it managed to recoup […]
WTI Crude Oil Slips Towards 10-Month Low
WTI crude oil futures are heading south with the next major support coming from the […]
Fed Minutes Quantified Probability of Recession, Giving Almost 50-50 Chance
Markets Core bonds rallied yesterday. US Treasuries vastly outperformed Bunds, catching a bid from economic […]
Stocks Up, USD Down after Fed Minutes
US stocks spent most of yesterday’s session hesitating between slight gains and slight losses, then […]
Global Slowdown Confirmed by November PMIs
Market movers today The main event today will be the Riksbank meeting, where we expect […]
Gold and Silver Technical Outlook: Range Play
Gold and silver have struggled to extend this month’s gains. What is the outlook and […]
US Dollar Nosedives Post Fed Meeting Minutes. Will the USD (DXY) Index Push Lower?
The US Dollar descended for the third day in a row after the Federal Reserve […]
Japan PMI manufacturing dropped to 49.4, services down to 50
Japan PMI Manufacturing dropped from 50.7 to 49.4 in November, below expectation of 50.7. That’s […]
RBNZ Orr: We are officially contractionary with monetary policy
RBNZ Governor Adrian Orr told a parliamentary committee, “We can all put our hands on […]
Germany Ifo rose to 86.3, recession could prove less severe than expected
Germany Ifo Business Climate rose from 84.5 to 86.3 in November, above expectation of 85.0. […]