Canada’s gdp stalls in second quarter of 2023 

The Canadian economy contracted by 0.2% quarter/quarter annualized (q/q) in 2023 Q2. Furthermore, the flash estimate for July was essentially unchange...

September 1, 2023, 1:45 pm

Westpac says reserve bank of australia now on hold until first rate cut in september 2024

Westpac says the rate hike cycle in Australia is over. RBA now on hold until first rate cut in September 2024The RBA is now confident that the latest ...

August 3, 2023, 12:59 am

Bank of america no longer expect a us recession - upgrade their outlook to 'soft landing'

Bank of America revised their forecasts fo the US economy and now see slow growth ahead instead of a recession. “We revise our outlook for the US ec...

August 2, 2023, 8:54 pm

Eur/jpy seen at 149 in three months – rabobank

We see the EUR/JPY pair at 149 in three months. EUR/JPY broke below trendline support on the back of th...

August 2, 2023, 3:04 pm

Rba bullock: economy needs to grow at a below trend pace for a while

In a speech, RBA Deputy Governor Michele Bullock noted the economy needs to “grow at a below trend pa...

June 20, 2023, 4:07 am

Rba dep gov bullock says employment and economy need to grow below trend for a while

Reserve Bank of Australia Deputy Governor Michele Bullock speechSummary Headlines via Reuters: Employment, economy need to grow ...

June 20, 2023, 3:16 am

Commonwealth bank of australia says chance of australian recession this year is 50%

CBA summary points of their forecasts:We forecast GDP growth to be 0.7%/yr at Q4 23 and 1.9%/yr at Q4 24. Broadly flat real household consumption over...

June 9, 2023, 1:33 am

Aud/usd price analysis: bulls run into a wall of resistance, bears eye downside breakout

AUD/USD bears are in the market but bulls are flexing. The bulls need to get over the line, or face seller commitments ...

May 31, 2023, 10:29 pm

The eurusd sellers push below trend line support at lows

In the morning video (and post) on the EURUSD, I pointed out the resistance against the 1.06908 to 1.07041 area. The price moved up in the morning US ...

May 31, 2023, 4:11 pm

Eur/usd price analysis: bears stay in the marker below trendline resiistance

EUR/USD was pressured on Memorial Day, with the price falling from 1.0743 to a low of 1.0705 as the US Dollar’s 4-day winning streak lives on that i...

May 29, 2023, 9:14 pm

Aud/usd price analysis: bears need to stay on guard below trendline resistance

AUD/USD bears remain in control with the market still unable to get over the line, submerged below the dynamic trendline resistance. The price is curr...

May 24, 2023, 1:29 am

Australian westpac/mi leading index for april has its ninth consecutive negative result

From Westpac / Melbourne Institute, summary points: The six-month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indic...

May 24, 2023, 12:49 am

Usd/jpy bears in the market and eye break of support structure

USD/JPY is in the hands of the bears that eye a break of trendline support. below trendline support, th...

May 23, 2023, 6:29 pm

Eurusd extends below trend line and looks toward swing lows from last week near 1.0963

The EURUSD has moved below trend line support and trades to a new session low. A new low is being made ...

May 1, 2023, 3:10 pm

Fed's mester says will assess extent of credit tightening at the may fomc meeting

Federal Reserve Bank of Cleveland President Loretta Mester in an interview.Mester spoke earlier:Fed's Mester: Inflation is still too high. Fed has mor...

April 20, 2023, 8:16 pm

Ecb's visco: the risk of doing too much is at least as much as risk of doing too little

Eurozone economic demand is still below trendThe headline is an interesting comment and is a hint that ...

April 20, 2023, 2:05 pm

Gbp/usd price analysis: bears are moving in with eyes on 1.2350s

GBP/USD is meeting resistance near 1.2470 and testing trendline support. A break below trendline suppor...

April 19, 2023, 8:29 pm

Aussie and kiwi looking rather vulnerable

Despite the S&P 500 finding a bounce off its 200-day moving average last week, equities remain in a softer spot...

February 27, 2023, 5:16 am

Australian data - westpac leading index for december -0.13% (prior -0.16%)

The index continues to signal below-trend economic growth in Australia.

From the WPAC report, key pints:

• The growth rate in the Le...

  January 24, 2023, 11:36 pm

Usd/jpy bulls move in and eye a correction towards 129.50

USD/JPY bears depending on central bank sentiments. USD/JPY is pressured below trendline resistance and...

January 16, 2023, 1:14 am