Analiz

Focus on Fed Policy and Global Growth

Focus on Fed Policy and Global Growth

Over the past week, the US dollar experienced a slight decline, marking the end of five consecutive weeks of gains. This shift comes after a strong rebound at the beginning of the year, and it reflects a decrease in the upward momentum of the US dollar in the short term. The hawkish adjustment of Federal Reserve policy expectations has been a key factor in the dollar's recent performance.
ACY Securities | 448 gün önce
BoE on Cautions as PMIs Rise on UK – Will it Delay the First Cut?

BoE on Cautions as PMIs Rise on UK – Will it Delay the First Cut?

Recent data from the UK suggests a brighter outlook, hinting that the technical recession experienced in the latter part of last year may have come to an end. The preliminary figures for February show a slight increase in the UK Composite PMI from 52.9 to 53.3, marking the highest reading since May of the previous year.
ACY Securities | 448 gün önce
USD Prolonged Selling Due to Risk-Averse Sentiment

USD Prolonged Selling Due to Risk-Averse Sentiment

Last Friday marked the most extensive trading range in EUR/USD since the US CPI data release on February 13th. Initially, the euro gained traction amidst a robust risk appetite in the global equity markets, driven by strong Nvidia earnings that boosted overall market sentiment.
ACY Securities | 448 gün önce
USD/JPY, EUR/USD, NZD/USD

USD/JPY, EUR/USD, NZD/USD

US Core PCE price index expected to fall as USD/JPY weakens; Decline in flash Eurozone CPI may lead to rate cuts; EUR/USD remains above 1.0800; RBNZ expected to keep rates unchanged; NZD/USD falls after bullish rally
XM Group | 449 gün önce
Daily Global Market Update

Daily Global Market Update

Oil fell 2%, Aussie dollar stable but signals negativity, Euro unchanged but overbought, Dollar Yen sideways with potential headwinds. Global highlights: Bank of Japan may exit negative rates, VinFast seeks reduced import duties, Nvidia briefly hits $2 trillion. Upcoming: US New Home Sales, Bill Auctions, Irish Consumer Confidence, Japan CPI.
Moneta Markets | 449 gün önce
Dollar gains ground ahead of key inflation data

Dollar gains ground ahead of key inflation data

Dollar rebounds as PCE inflation data eyed - Investors continue to scale back Fed rate cut bets - Kiwi slides but RBNZ hike chance remains unchanged - Wall Street loses steam, focus could turn on monetary policy
XM Group | 449 gün önce
Gold battles with 50-day SMA

Gold battles with 50-day SMA

Gold rebounds strongly from its 2024 low ; Challenges 50-day SMA and ascending trendline ; Momentum indicators turn neutral-to-positive
XM Group | 449 gün önce
All Eyes on Japan’s CPI

All Eyes on Japan’s CPI

The robust U.S. stock markets, having reached record highs, paused for breath last Friday, reflecting a momentary halt in their bullish momentum. Conversely, the dollar index has maintained a subdued trajectory in recent sessions, but this calm is anticipated to be disrupted in the week ahead.
PU Prime | 449 gün önce
Daily Global Market Update

Daily Global Market Update

Pound up 0.1%, Bitcoin down 0.3%, Oil gained 0.3%, Aussie Dollar stable, BNB surged past $380. Gold and oil rose on weaker dollar, geopolitical tensions. Economic events: U.S. Baker Hughes Oil Rig Count, Eurozone Ecofin Meeting, Germany GDP, Japan CFTC JPY net positions, UK GfK Consumer Confidence, UK CFTC GBP net positions.
Moneta Markets | 452 gün önce
The Fed Is Set to Cut Rates Earlier Than You Might Expect, and Here's Why!

The Fed Is Set to Cut Rates Earlier Than You Might Expect, and Here's Why!

Amidst a continued modest correction, the US dollar has traversed lower overnight, with the dollar index testing support at the bottom of the recent narrow trading range between 104.00 and 105.00. Yesterday's dip saw the index touch 103.80. Notably, the top performers among the G10 currencies have once again been the commodity-related currencies, namely the AUD and NZD.
ACY Securities | 452 gün önce
PMI Surveys to Gauge UK Recovery Momentum

PMI Surveys to Gauge UK Recovery Momentum

Today's spotlight is on the eagerly anticipated PMI surveys from Europe for February, aiming to provide a nuanced insight into the cyclical economic performance at the beginning of this year. The UK has witnessed a marked improvement in business confidence in recent months, offering respite from concerns sparked by Q4 GDP data indicating a technical recession at the end of the previous year.
ACY Securities | 452 gün önce