UK 100 Breaks Major Resistance
Equities take off as investors price in lower peak US funds rates. The FTSE 100 […]
US Oil Tests Resistance
Oil prices find support from a large drawdown in US inventories. Sentiment remains cautious at […]
EUR/USD Regains Traction
The US dollar plunged after Fed Chairman Powell signalled a slowdown in rate hikes. A […]
Markets Saw Powell’s Speech as Softer than Expected
Markets Yesterday, EMU November headline CPI eased more than expected from 10.6% to 10.0%, but […]
Investors ‘Really’ Want to See the Fed Half-Dove
Oops investors did it again. They did not listen well to what Jerome Powell said […]
Risk Rallies on Powell
Market movers today The main release today will be ISM manufacturing for November this afternoon. It is […]
China Caixin PMI Manufacturing rose to 49.4 in Nov, pandemic continued to take a toll
China Caixin PMI Manufacturing rose from 49.2 to 49.4 in November, above expectation of 48.6. […]
BoJ Noguchi: Must maintain monetary easing
BoJ board member Asahi Noguchi said the central bank must continue to maintain monetary easing, […]
Fed Powell: Makes Sense to start slowing, as soon as in Dec
Fed Chair Jerome Powell indicated in a speech that it “makes sense” to start slowing […]
Japanese Yen Leaps as US Dollar Sinks Post Powell. Is the Peak in Place for USD/JPY?
The Japanese Yen continued higher after US Dollar today as the market has deciphered Fed […]
Crude Oil Price Regains Strength, US GDP Revised Higher To 2.9%
Key Highlights Crude oil price started a fresh increase above the $78 resistance. It broke […]
Swiss CPI unchanged at 3.0% yoy in Nov
Swiss CPI was unchanged at 3.0% yoy in November, above expectation of 2.6% yoy. Core […]