Analysis

Upcoming Major Country Central Bank Interest Rate Decision

Upcoming Major Country Central Bank Interest Rate Decision

Canada's CPI dropped from 4% in August to 3.8% in September. The Bank of Canada's upcoming rate decision is crucial, leaving room for potential hikes amid persistent inflationary pressures. Despite the ECB's rate increase to 4%, economic concerns arise. While the US Core PCE Price Index registered 0.1%, Fed officials expect sustained elevated rates.
PU Prime | 620 days ago
Daily Global Market Update

Daily Global Market Update

Euro fell 0.3%, but may turn bullish. Dollar-Yen stable with bullish potential. Gold rose 1.1%, backed by positive signals. Amazon stock down 1.3%. Dollar strengthened against the euro. Global markets dipped on China's Q3 report. UK's inflation at 6.7%.
Moneta Markets | 621 days ago
Macro World Run Down

Macro World Run Down

The global GDP growth is expected to decelerate, reaching 2.9% this year (which is in line with my previous estimate of 2.8%) and 2.5% next year (down from 2.7%). This slowdown is primarily due to the delayed effects of tighter monetary policies, decreased household savings, and reduced fiscal support.
ACY Securities | 621 days ago
Surge in US Yields Fails to Take USD Higher

Surge in US Yields Fails to Take USD Higher

The recent price action in the foreign exchange market has been quite intriguing. Despite the release of a robust US retail sales report and a surge in US yields, the US dollar unexpectedly weakened. This deviation from the usual market response has raised eyebrows.
ACY Securities | 621 days ago
Daily Global Market Update

Daily Global Market Update

Bitcoin dipped slightly (-0.1%), Tesla stock rose (1.9%) with a bearish outlook, Aussie dollar grew (0.4%) with bullish momentum, Gold rose (0.1%) with a bullish trend. Saudi Arabia cut exports, US dollar stable, UK pound weakened, EU approved data sharing rules. Upcoming: Japan's exports, UK's CPI, Eurozone's HICP, Japan's imports, Austria's HICP, and US Housing Starts.
Moneta Markets | 622 days ago
EUR/USD and USD/JPY Uptrend Uncertainty

EUR/USD and USD/JPY Uptrend Uncertainty

In the ever-shifting landscape of forex markets, two major currency pairs, EUR/USD and USD/JPY, have been experiencing an air of uncertainty surrounding their uptrend potential. Let's delve into the complexities and challenges impacting these trends.
Otet Markets | 622 days ago
Gold & Oil - Escalation Risks Grow

Gold & Oil - Escalation Risks Grow

Join Clifford Bennett, Chief Economist at ACY Securities, in this thought-provoking video as he delves deep into the global economy's changing dynamics. Clifford examines the declining trade levels, escalating risks in the wider Middle East conflict, and the curious indifference of Wall Street.
ACY Securities | 623 days ago
The Setback for the USD Should Prove Short-Lived

The Setback for the USD Should Prove Short-Lived

Over the past few weeks, the USD faced some challenges, witnessing a decline from its peak of 107.35 on October 3rd, though this setback remained relatively modest in scale. The dollar index experienced a continuous descent for six consecutive days from October 3rd to 10th, eventually reaching a low of 105.54. This marks the most significant drop for the USD since the first half of July.
ACY Securities | 623 days ago