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Eurostoxx futures -0.1% in early european trading
German DAX futures flatUK FTSE futures flatThere is a bit of a lack of appetite in markets as we look towards European trading today. But perhaps trad...
Paying more for less
With food price inflation running at its fastest pace in over 45 years, there is a glaring divergence between the volume and value of sales in food st...
Yen rises on persistent inflation, focus turns to pmi data and canada’s retail sales
Japanese Yen rose broadly in today’s Asian trading session following the release of CPI data, indicating inflation remains persistently above BoJ’...
Uk march retail sales -0.9% vs -0.5% m/m expected
Prior +1.2%Retail sales -3.1% vs -3.1% y/y expectedPrior -3.5%Retail sales (ex autos, fuel) -1.0% vs -0.7% m/m expectedPrior +1.5%Retail sales (ex aut...
Eur/jpy daily outlook
Daily Pivots: (S1) 146.91; (P) 147.38; (R1) 147.73; More…. A temporary top is in place at 147.85 in EUR/JPY ahead of 148.38 high. Intraday bias is t...
Fx option expiries for 21 april 10am new york cut
EUR/USD- 1.0973-80 (€920m)- 1.1050 (€1.7bn)USD/JPY- 134.00-20 ($829m)GBP/USD- 1.2350 (£545m)USD/CAD- 1.3520-40 ($670m)AUD/USD- 0.6795-00 (A$521m)...
Trade ideas thread - european session 21 april 2023
It looks like yen pairs are holding the line for now, helped out by a retreat in Treasury yields since yesterday. USD/JPY ran up against 135.00 only t...
Japan’s cpi core unchanged at 3.1%, core-core at highest since 1981
Japan’s CPI growth slowed from 3.3% yoy to 3.2% yoy, exceeding the expected 2.6% yoy increase. The CPI core (all items excluding food) remained unch...
Japan pmis: private sector expands driven by resurgent service economy
Japan’s PMI Manufacturing in April slightly rose from 49.2 to 49.5, missing expectations of 49.9. PMI Services experienced a slight drop from 55.0 t...
Mica in the eu: a genuinely groundbreaking moment for crypto
Crypto has endured constant sniping and attacks through the years, denigrated, at times, as nothing more than a scam, a Ponzi scheme, or a shady condu...
Unlimint enters africa, receives payments license in nigeria
Unlimint, previously known as Cardpay, is entering the African markets with the launch of its operations in Nigeria, which came after the company obta...
Boj may start to give more hints on policy normalization
Japan sticky inflation (excluding fresh food & energy) continued to increase for 10 consecutive months. Flash manufacturing PMI for April has shown si...
Chart art: is the nasdaq gearing up for a bullish pullback?
Is the Nasdaq’s rally running out of steam? Or is it merely going for a quick correction? Here are the pullback levels to keep an eye out for......
Australian pmis reveal divergence between manufacturing and services, rba rate hike likely in may
Australia’s April PMI Manufacturing has dropped to a 35-month low at 48.1, down from 49.1, while PMI Services jumped to a 10-month high of 52.6, up ...
Technical outlook and review
DXY: The DXY chart currently shows a neutral momentum overall, which suggests that the price could potentially fluctuate between the 1st resistance an...
Pmi data in focus in europe today
Treasury yields are continuing to hold a little heavy since the retreat yesterday, with 2-year yields down another 3.5 bps to 4.135% now. 10-year yiel...
Boe tenreyro: we may already have tightened too much
BoE Monetary Policy Committee member Silvana Tenreyro, known for her dovish stance, has expressed her belief that interest rates have already been rai...
Usd/jpy holds a little lower after failure to get above 135.00 this week
The test of the 135.00 mark this week seems to coincide with 10-year Treasury yields having knocked on the door of its own 100-day moving average. Sin...
Fed’s harker: some additional tightening may be needed
Philadelphia Fed President Patrick Harker has indicated that “some additional tightening may be needed to ensure policy is restrictive enough to sup...
Fed officials highlight the need for further action to tame inflation
Atlanta Fed President Raphael Bostic, Dallas Fed President Lorie Logan, and Fed Governor Michelle Bowman have all expressed concerns over the persiste...
Boj not likely to offer up any changes in next week's policy meeting - reuters poll
3 of 27 economists said BOJ will scale back on monetary stimulus next week11 of 27 economists said that will instead happen in the June meeting16 of 2...
Fed’s mester foresees further tightening to ensure downward trajectory of inflation
Cleveland Federal Reserve President Loretta Mester emphasized the need for further tightening in monetary policy to ensure a “sustained downward tra...
Federal reserve board governor lisa cook speaking friday
Just the one speaker from the Fed that I have on the docket. Its always possible a few other pop up in media interviews though. 16:35 US Eastern time,...
Canada’s slowly approaching economic slowdown
Summary Canada’s economy has made a solid start to 2023, with sturdy employment gains over the last six months and monthly GDP figures pointing to r...
Rba review represents significant progress although some challenges remain
The Reserve Bank Review recommends extensive constructive changes but issues around the dual mandate; communication; and the structure of the Monetary...
Usd/jpy turns green above 133.50, dips supported
Key Highlights USD/JPY climbed above 134.50 before sellers appeared. A key bullish trend line is forming with support near 133.50 on the 4-hour chart....
The week ahead: au inflation, boj meeting, us pce and gdp on tap
The final week of April presents plenty of data for traders to chew on, with inflation data for the US and potentially Australia taking centre stage. ...
Eur/usd key resistance test: fed v/s ecb
EUR/USD Talking Points: EUR/USD continues to battle with resistance around the 1.1000 handle despite hawkish commentary from the ECB, reiterated again...
European central bank speakers coming up incldue de guindos and elderson
Vice President of the European Central Bank Luis de Guindos appears twice on the agenda:03:00 US Eastern time, 0700 GMT:de Guindos at "Catedra de Econ...
Daily forex news and watchlist: gbp/usd
The downbeat U.S. Philly Fed index dragged the Greenback lower against most of its peers. Can the U.K. PMI releases spur another leg higher for GBP/US...
Forexlive asia-pacific fx news wrap: japanese inflation remains above 3%
More on the G7 considering a near-total ban on exports to RussiaGoldman Sachs says RBA review has “hawkish implications” for monetary policyPBOC s...
More on the g7 considering a near-total ban on exports to russia
On Thursday Bloomberg reported that the US and Ukraine's allies were considering "an outright ban on most exports to Russia".Kyodo news agency in Japa...
Goldman sachs says rba review has “hawkish implications” for monetary policy
Bloomberg carry the comments from Goldman Sachs on the Reserve Bank of Australia review. While the review recommended keeping the Reserve Bank’s 2-3...
Usd spurts a little higher against cad, aud, nzd
Apart from what has been posted there is little fresh news.UPDATE:Here go - Kyodo news reporting G7 is considering a near-total ban on exports to Russ...
Pboc sets usd/ cny reference rate for today at 6.8752 (vs. estimate at 6.8758)
People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plu...
