RBA holds the Cash Rate at 4.1% AUDUSD falls despite warning that further hikes remain an option Key technical support eyed after brief consolidation The Australian dollar softened this morn… Read More

By ForexTime  Exceptional list of high-risk events next week Our focus falls on Fed decision which could move NQ100_m Fed expected to leave rates unchanged Much focus will be on any c… Read More

RBA leaves interest rates on hold at 4.1 per cent September 2023 The Reserve Bank of Australia (RBA) has chosen to maintain the official cash rate at 4.1 percent, marking the third consecut… Read More

Week Ahead July 31st - August 4th MON: Japanese Retail Sales (Jun), Chinese Official PMI (Jul), German Flash GDP (Q2), New Zealand Labour CostIndex (Q2) TUE: RBA Announcement, Chinese Caixin… Read More

A "Minsky Moment" Powder Keg By Benjamin Picton, Senior Macro Strategist at Rabobank Two Steps Forward, One Step Back The University of Michigan consumer survey released last… Read More

The big day has finally arrived and investors are seemingly in quite an upbeat mood going into the Fed interest rate decision. The inflation data on Tuesday appears to have settled any remai… Read More

By JustMarkets The Dow Jones index (US30) decreased by 0.15% at the close of the stock market yesterday, while the S&P 500 index (US500) closed at its opening price… Read More

Americas Markets Live: Dow tumbles more than 300 points as banking sector worries reignite before Fed rate decision https://t.co/Gx5hiol3Jf— TradeDay (@TradeDayFunding) May 2, 2… Read More

By ForexTime Following the OPEC+ shocker overnight, commodity currencies have rallied against the New Zealand dollar. Given the cartels decision to lower oil output by over 1 million barr… Read More

By JustMarkets The US stock indices rose sharply on Wednesday as concerns about stress in the banking sector eased, while upbeat earnings reports and growing expectations that the Federal Re… Read More

US The latest round of economic data (retail sales, CPI, PPI, jobless claims) are all signaling more Fed rate hikes are coming.  Wall Street will pay close attention to the flash PMIs… Read More

By ForexTime The Australian Dollar has been the best-performing G10 currency against the US dollar so far in 2023. AUDUSD currently also boasts a year-to-date advance of more than 3.7% at t… Read More

Stock markets are a bit mixed on Thursday following a rollercoaster week in the run-up to, and aftermath of, the US inflation report. Safe to say, investors got ahead of themselves in a desp… Read More

"It Only Hurts When I Laugh" By Michael Every of Rabobank It only hurts when I laugh Minister: Good morning. I'm sorry to have kept you waiting, but I'm afraid my walk has be… Read More

The Australian dollar has extended its rally and is trading at 0.7100. AUD/USD has had an impressive week so far, up 1.44%. RBA optimistic but cautious The RBA policy meeting did not contain… Read More

The Australian dollar is in calm waters this week, as AUD/USD trades quietly just below the 0.73 level. GDP slows to 0.8% Australia’s Q1 GDP slowed to 0.8% QoQ, after a massive 3.6% Qo… Read More

Big events keep coming It could be an interesting start to the week depending on who wins the second round of elections in France on Sunday. Marine Le Pen has made significant progress over… Read More

Rate hikes expected as inflation keeps rising It’s been another volatile week in financial markets with events in and around Ukraine continuing to dominate. Sentiment is still very hea… Read More

Investors concerned about new Covid variant For months now the main topic of conversation in the markets has been inflation. Is there too much of it, is it here to stay, and are monetary pol… Read More

Inflation is a growing concern For years central banks have been operating under the assumption that inflation will eventually return to target while having the flexibility to wait until the… Read More

The upcoming week will focus heavily on incremental trade updates, German economic data, an RBA rate decision, Bank of England policy meeting that comes with updated economic forecasts and t… Read More

US economic data is good, but not yet supportive of the substantial progress that is needed for the Fed to seriously begin talking about tapering asset purchases.  The US dollar and Tre… Read More

Two down, two to go The month of compromise has delivered two so far. OPEC+ agreed on output targets for next year while the EU27 gave their backing to the 2021-27 budget and recovery fund… Read More

US Manufacturing PMIs accelerate The gentle hints that the global recovery remains on track continued overnight. Italian, French, German and United Kingdom manufacturing PMI’s all clim… Read More

Regional heavyweights China, Japan and South Korea are all on holiday today, a turn of affairs that leaves the rest of Asia content to follow Wall Street on a quiet news day. Big tech rallie… Read More