The US Dollar Gripped the Ascendency as Risks of Recession Swirl. Will USD go Higher?
The US Dollar held on to overnight gains as markets recalibrate risks of an economic […]
Australia AiG services fell to 45.6, deepening contraction
Australia AiG Performance of Services dropped -2.1 pts to 45.6 in November, signaling contraction for […]
Australia GDP grew 0.6% qoq in Q3, terms of trade deteriorated
Australia GDP grew 0.6% qoq in Q3, below expectation of 0.7% qoq. Household spending rose […]
BoJ Nakamura: Inflation not accompanied by wage increases yet
BoJ board member Toyoaki Nakamura said, “recent price rises aren’t accompanied by wage increases yet”. […]
Gold Price Dips Remain Attractive To The Bulls
Key Highlights Gold price started a downside correction from the $1,810 zone. A major bullish […]
First Impressions: Australian Q3 GDP
Australian economy expands by 0.6%, a little softer than expected. The impacts of high inflation […]
Dow Jones, S&P 500 Forecast: Prices at Risk as Retail Traders Go Long Once More
The Dow Jones and S&P 500 may be at risk as retail traders begin to […]
A VIX ‘Breakout’, Heavy Dollar Technicals, BOC Volatility and Recession Signals
The markets carried over greater market activity this past session with the VIX clearing its […]
USDCAD May Not Be the Most Responsive Loonie Cross to the BOC Decision
The Bank of Canada rate decision is on tap for Wednesday, and there is debate […]
US 500 IG Client Sentiment: Our data shows traders are now net-long US 500 for the first time since Nov 22, 2022 when US 500 traded near 4,003.91.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
CAD/JPY struggling at 100, eyes on BoC hike
BoC is widely expected to continue with tightening today. But opinion on the size of […]