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Sunset market commentary
Markets: UK July inflation numbers grabbed most attention this morning. Headline cpi fell slightly less...
August 16, 2023, 2:40 pm
Gbp/usd pushes higher as inflation drops to 6.8%
UK inflation drops but core rate remains steady US dollar gets lift from strong retail sales The British pound has posted considerable gains on Wednes...
August 16, 2023, 2:30 pm
Mufg: gbp positioning strategy after uk's inflation data surprise
Following the unexpected surge in the UK's July cpi data as released by the ONS, MUFG offers insights o...
August 16, 2023, 2:08 pm
The gbp is the strongest and the chf is the weakest as the na session begins
The GBP is the strongest and the CHF is the weakest as the North American session begins. The UK cpi ca...
August 16, 2023, 12:09 pm
Gbpjpy technical analysis - mixed picture but the bullish bias prevails
The BoE hiked by 25 bps as expected as the UK cpi missed expectations across the board and UK employmen...
August 16, 2023, 7:02 am
Sterling a touch higher after uk cpi, dollar stays resilient
In the wake of UK cpi data, Sterling slightly higher, but lacks clear buying momentum. As BoE had antic...
August 16, 2023, 6:57 am
Uk cpi slowed to 6.8% in jul, services inflation hit highest since 1992
July saw a marked deceleration in UK’s CPI, falling from 7.9% yoy to 6.8% yoy , precisely in line with market expectations. Core CPI, which strips o...
August 16, 2023, 6:18 am
Usdchf technical analysis - watch this resistance zone for another rally
Last week, the US cpi came basically in line with expectations, but the good news is that the Core M/M ...
August 16, 2023, 6:08 am
Uk july cpi +6.8% vs +6.8% y/y expected
Prior +7.9%Core cpi +6.9% vs +6.8% y/y expectedPrior +6.9%The headline reading is as per expected, refl...
August 16, 2023, 6:00 am
Gbp to usd forecast and the cpi effect: british pound braces for volatility
As the British Pound navigates a mixed start, today’s UK cpi Report could significantly sway the GBP ...
August 16, 2023, 5:30 am
The things to watch out for in the uk cpi report later
Let's jump right into this. The first thing to note is that headline annual inflation is estimated to fall from 7.9% in June to 6.8% in July. That sou...
August 16, 2023, 4:51 am
Gbp/jpy consolidates its gain above the 184.80 mark ahead of uk cpi
The GBP/JPY cross consolidates its recent gains near 184.80 during the Asian session on Wednesday. Markets turn cautious ahead of the release of the U...
August 16, 2023, 2:14 am
Reserve bank of new zealand leave cash rate unchanged at 5.5%, as widely expected
RBNZ Monetary Policy Review and official cash rate announcement. OCR remains at 5.5% as basically unanimously expected.RBNZ forecasts: Official cash r...
August 16, 2023, 2:00 am
Usd/cad extends its upside below the 1.3500 barrier, all eyes are on fomc minutes
USD/CAD gains momentum below the 1.3500 mark following the upbeat US data. The Canadian Consumer Price Index (CPI) YoY rose to 3.3%, above the 3% expe...
August 16, 2023, 12:29 am
Podcast – us consumer resilient as retail sales bounce; hot uk wages, canada’s mixed cpi report
OANDA Senior Market Analyst Ed Moya joins Nick Syiek (Trader Nick) to discuss the latest US retail sales report, UK wages, China’s disappointing dat...
August 15, 2023, 5:49 pm
Usd/cad rises despite quickening canadian cpi; commodities stumble except for natural gas
Headline Canadian inflation surges above BOC’s 1-3% target range Mixed report as core inflation falls to 9-month low European Natural Gas skyrockets...
August 15, 2023, 5:02 pm
Canadian dollar steady despite rise in inflation
Canada’s inflation rises to 3.3% US retail sales climb 0.7%, core rate soars 1% The Canadian dollar is showing limited movement on Tuesday. In the N...
August 15, 2023, 3:41 pm
Fall in oil outweighs hot cpi as canadian dollar slumps
The Bank of Canada got its final look at inflation data today ahead of the September 6 rate-setting meeting. Prices rose a surprising 0.6% in the mont...
August 15, 2023, 2:51 pm
Canada cpi rose to 3.3% yoy in jul, up 0.6% mom
Canadian inflation, measured by CPI, accelerated in July, posting a 0.6% mom increase, doubling expected rise of 0.3% mom. This upward tick, a substan...
August 15, 2023, 12:51 pm
Canada july cpi 3.3% yoy versus 3.0% expected
Prior month 2.8%cpi MoM 0.6% vs 0.3% estimatePrior MoM 0.1%cpi ...
August 15, 2023, 12:30 pm