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Cpi lifts indices, fed up next!

US Indices finished higher yesterday after CPI data showed a moderation in consumer inflation. Focus is now on the Fed and its monetary policy decisio...

June 14, 2023, 7:27 am

Uk gdp estimate report delivered mixed results to test the boe

The UK GDP Estimate showed the economy expanding across the time periods. However, growth was lackluster and leaves the BoE in a precarious position. ...

June 14, 2023, 6:25 am

Nzd/usd price analysis: 200-sma checks kiwi buyers within weekly bullish channel, fed in focus

In addition to the failure to cross the 200-bar Simple Moving Average (SMA), the NZD/USD pair’s pullback also takes clues from the overbought RSI (1...

June 14, 2023, 5:29 am

Fomc preview: 95% chance of a skip today, 60% chance of another hike in jul

Yesterday’s cooling US consumer inflation data in May provided further solid ground for Fed to bypass tightening at today’s rate announcement. Fed...

June 14, 2023, 3:18 am

Usd/jpy return to 141 hinged on a hawkish fed pause

The USD/JPY saw red this morning as investors responded to the US CPI Report. The bets are on a Fed pause. However, July remains uncertain. The post U...

June 14, 2023, 3:12 am

Eth and a return to $1,800 hinged on the fed and us lawmakers

After a bearish Tuesday, ETH found early support today. However, the Fed and the staking statistics need to support a return to $1,800. The post ETH a...

June 14, 2023, 2:52 am

Jp morgan are expecting an on hold fomc decision that could end the hiking cycle

JP Morgan Asset Management are expecting cooling inflation to prompt a hold at the Federal Open Market Committee (FOMC) meeting. We expect the Fed to ...

June 14, 2023, 1:33 am

Gbpusd daily analysis – june 14, 2023

The GBPUSD currency pair has been showing resilience as it maintains its upward trajectory from the 1.2307 level. However, in recent trading sessions,...

June 14, 2023, 12:56 am

Cme fedwatch tool shows a (nearly) two-thirds chance of an fomc july rate hike

This is based on the probabilities of changes to the Fed Funds rate and U.S. monetary policy, as implied by 30-Day Fed Funds futures pricing data.For ...

June 14, 2023, 12:32 am

Nzd/usd price analysis: hovers near 50-day ema; bullish signals emerging amid mixed bias

NZD/USD is still consolidated despite breaching previous resistance at the 20-day Exponential Moving Average (EMA) at 0.6125. However, failure to clea...

June 13, 2023, 11:14 pm

2 responses to the us cpi from goldman sachs - fomc pause in june

A couple of snippets from Goldman Sachs, their economists and then their asset managers.Goldman Sachs economists:We view today’s report as supportiv...

June 13, 2023, 9:01 pm

Gbp/usd forecast: continues to bounce around

(MENAFN- Daily Forex) The gbp/usd , during Monday’s trading session, initially exhibited an upward trend, indicating a potential rally. However, the...

June 13, 2023, 7:14 pm

Nzdusd buyers had their shot above the 200 day ma. the momentum could not be sustained.

The NZDUSD buyers made a play to the upside in the Asian session and pushed to and through the 200-day MA at 0.61488, with the high for the day reache...

June 13, 2023, 6:47 pm

Hsbc shutters new zealand wealth and personal banking operations

British banking giant, HSBC, is closing its wealth and personal banking business in New Zealand as part of the latest steps to move away from the less...

June 13, 2023, 5:46 pm

Starbucks denies it banned in-store pride decorations halfway into pride month

Starbucks' workers union alleged the coffee chain banned in-store Pride decorations halfway through Pride Month, ordering workers in Oklahoma, Wiscons...

June 13, 2023, 3:03 pm

Eurusd rises above key target resistance after cpi, but failing.

The EURUSD moved higher after the CPI data so the year on year come down to 4.0% from 4.9% last month. The core measure remain sticky at 5.3% however....

June 13, 2023, 1:29 pm

Here's why you should retain ups stock in portfolio now

Rising demand for online shopping and a solid free cash flow boost UPS. However, increasing capital expenses are worrisome....

June 13, 2023, 12:33 pm

Here's why you should retain essex property (ess) stock now

Essex Property's (ESS) sturdy property base in the West Coast market and healthy balance sheet bode well for growth. However, elevated supply, the lac...

June 13, 2023, 12:33 pm

Sdiv: 15%-yielding dividend trap

Global X SuperDividend ETF invests in the top 100 highest dividend-paying equities worldwide. The ETF has a trailing 12-month distribution of almost 1...

June 13, 2023, 12:24 pm

Grab holdings: this de-spac is different

Grab has been excessively beaten down since its listing in H2 2021. With the company moving toward break-even, however, there is a compelling investme...

June 13, 2023, 12:20 pm


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