OECD Economic Outlook Interim Report Global growth revised lower – Germany, Russia among the biggest losers Inflation becoming more entrenched in advanced economies OECD Recommendations:… Read More »OECD Interim Report Highlights Persistent Inflation and Higher Rates
Australian Dollar Talking Points AUD/USD falls back from a fresh monthly high (0.6916) as the update to the US Consumer Price Index (CPI) boosts expectations… Read More »AUD/USD Approaches Monthly Low Ahead of Australia Employment Report
FX Week Ahead Overview: The middle of September has inflation data and labor markets in focus, particularly for the British Pound. The Federal Reserve is… Read More »FX Week Ahead – Top 5 Events: UK Jobs Report; US Inflation Rate; UK Inflation Rate; Australia Jobs Report; US Retail Sales
EUR/USD OUTLOOK: EUR/USD jumps on hawkish ECB commentary and risk-on mood in global markets The pair tests channel resistance, but fails to break above it… Read More »EUR/USD Soars as Dollar Loses Sparkle Ahead of US Inflation Report
Crude Oil, WTI, Brent Crude, Australia, China, EIA, Stockpiles – Talking Points WTI and Brent crude oil prices stage rebound in Asia-Pacific trading after steep… Read More »Crude Oil Prices May Fall as EIA Report Nears Amid China Lockdown Woes
Australian Dollar Talking Points AUD/USD trades to a fresh monthly low (0.6728) after showing a limited reaction to the Reserve Bank of Australia (RBA) interest… Read More »AUD/USD Rate Eyes Yearly Low Ahead of Australia GDP Report
FX Week Ahead Overview: The firstfull week of September will produce several critical interest rate decisions from the Bank of Canada, European Central Bank, and… Read More »FX Week Ahead – Top 5 Events: RBA Rate Decision; US ISM Non-Manufacturing; BOC Rate Decision; ECB Rate Decision; Canada Jobs Report
U.S. DOLLAR TALKING POINTS U.S. ISM non-manufacturing PMI in focus. Possible from loading from ECB could sap USD short-term. Bearish divergence apparent on daily DXY… Read More »Solid Jobs Report Supportive of U.S. Dollar and 75bps Rate Hike
Gold, XAU/USD, Non-Farm Payrolls (NFPs), Technical Analysis, IG Client Sentiment – Briefing: Gold prices extend losing stream amid a strong US Dollar All eyes are… Read More »Gold Prices Take a Beating, but More Damage Might Come from the US Jobs Report
Japanese Yen Talking Points USD/JPY pulls back from a fresh monthly high (139.08) to largely mirror the recent weakness in US Treasury yields, but data… Read More »USD/JPY Rate Approaches Yearly High Ahead of NFP Report
Canadian Dollar Talking Points USD/CAD trades to a fresh monthly high (1.3108) after retracing the decline from the start of the week, but the exchange… Read More »USD/CAD Rate Eyes Yearly High Ahead of Canada GDP Report
Australian Dollar Talking Points AUD/USD is under pressure as Federal Reserve Chairman Jerome Powell offers a hawkish forward guidance while speaking at the Kansas City… Read More »AUD/USD Rate Vulnerable to Upbeat US Non-Farm Payrolls (NFP) Report
EUR/USD Rate Talking Points EUR/USD continues to hold above the December 2002 low (0.9859) as it trades within last week’s range, and fresh data prints… Read More »Euro Area CPI Report in Focus
Canadian Dollar Talking Points The Canadian Dollar tracks the recovery across commodity bloc currencies as USD/CAD slips to a fresh weekly low (1.2895), and fresh… Read More »USD/CAD Rally Unravels Ahead of US PCE Report amid Failure to Test Yearly
Australian Dollar Talking Points AUD/USD fails to defend the opening range for August as it slips to a fresh monthly low (0.6856), but the exchange… Read More »AUD/USD Carves Bullish Outside Day Candle Ahead of US PCE Report
AUSTRALIAN DOLLAR, YEN, CHINA DATA, JAPAN GDP – Talking Points: Chinese economic data inspires a risk-off mood in currency markets Japanese Yen higher after Q2… Read More »Australian Dollar Down on Soft Chinese Data, Yen Up After Japan GDP Report
Crude Oil, Brent Oil, Iran, EIA, OPEC, Backwardation, Technical Outlook – TALKING POINTS WTI and Brent crude oil prices dip after a bright start to… Read More »Crude Oil Prices Fall as Market Backwardation Weakens Ahead of OPEC Report, EIA Data
Gold Key Points: Gold Prices (XAUUSD) Extends Gains, up 1.6% for the Week. NFP Jobs Data Exceeds All Forecasts, Adding Pressure on the Fed. Geopolitical… Read More »Gold Price Outlook Mixed After Blowout NFP Report
US DOLLAR WEEKLY FORCAST: MIDLY BULLISH The U.S. dollar rallies before the weekend after U.S. labor market data surprises to the upside, helping dispel recession… Read More »US Dollar Outlook Hinges on July Inflation Data after Gangbuster Jobs Report
German Industrial Production Eked Out a Surprise Gain in June. Deutsche Lufthansa AGSeals Ground Crew Wage Deal to Avert Further Walkouts. US Jobs Report Looms.… Read More »DAX 40 Stalls Near Key Levels as Investors Seek Guidance from US Jobs Report
EUR/USD Rate Talking Points EUR/USD appears to be staging another attempt to test the former support zone around the May low (1.0349) as it retraces… Read More »EUR/USD Stages Another Run at Former Support Zone Ahead of NFP Report
Australian Dollar, AUD/USD, RBA, Oil, NFP, Market Sentiment – TALKING POINTS Asia-Pacific markets set for a mixed open ahead of tonight’s US non-farm payrolls report… Read More »AUD/USD Prices Hinge on RBA Statement as APAC Traders Brace for US Jobs Report
US Dollar Price and Chart Analysis Federal Reserve message on inflation concerns. US Treasury yields turn higher, and 2/10s invert further. This week has seen… Read More »US Dollar (DXY) Consolidates Ahead of the Latest US Jobs Report (NFP)
FX Week Ahead Overview: The first week of August sees a typically busy economic calendar, with a global focus after last week’s US-centric offering. Both… Read More »FX Week Ahead – Top 5 Events: RBA Meeting; New Zealand Jobs Report; BOE Meeting; Canada Jobs Report; US NFP
EUR/USD Rate Talking Points EUR/USD continues to carve a series of lower highs and lows as the Federal Reserve delivers another 75bp rate hike, and… Read More »EUR/USD Post-Fed Rebound Susceptible to US GDP, PCE Report
Australian Dollar, AUD/USD, China GDP, Coal, Technical Outlook – Talking Points Australian Dollar gyrates vs US Dollar after inflation report China’s second-quarter GDP growth rate… Read More »Australian Dollar Relief Hinges on China GDP Report
FX Week Ahead Overview: The Bank of England’s concerns about UK growth will soon be realized, as the upcoming UK GDP report is expected to… Read More »FX Week Ahead – Top 5 Events: Eurozone Economic Sentiment; UK GDP; US Inflation Rate; BOC Rate Decision; Australia Jobs Report
DAX 40:Higher as Psychological Level Halts Gains. FTSE 100:Lower as Markets Digest Political Turmoil and Recession Fears. DOW JONES: Flat as US Jobs Report Exceeds… Read More »DAX, DOW and FTSE Choppy as Positive Jobs Report Boosts Hopes of a Soft Landing
US JUNE JOBS REPORT KEY POINTS: U.S. employers add 372,000 payrolls in June, above expectations of a gain of 268,000 jobs The unemployment rate holds… Read More »June Jobs Report – US Economy Adds 372,000 Payrolls, Unemployment Rate at 3.6%
Australian Dollar Talking Points AUD/USD trades to a fresh yearly low (0.6761) in July even as the Reserve Bank of Australia (RBA) delivers another 50bp… Read More »AUD/USD Consolidates Around Yearly Low Ahead of US NFP Report
Japanese Yen Talking Points USD/JPY appears to be tracking the recent advance in US Treasury yields as it retraces the decline from the yearly high… Read More »USD/JPY Rate to Track Treasury Yields Ahead of US PCE Report