Analýza

Fed Rate Hike Expectations Sensitive to Jobs Data

Fed Rate Hike Expectations Sensitive to Jobs Data

After reaching a low of 4.73% on August 10th, the UST 2-year note yield has steadily climbed, hitting a peak of 5.10% on the following Monday. This translates to a 37-basis point increase in the 2-year yield over thirteen trading days.
ACY Securities | Před 755 dny
Daily Global Market Update

Daily Global Market Update

Euro up 0.4% with bullish signal. Dollar gained on yen, but may drop (stochastic). Gold rose 0.3%, supported by stochastic. Alibaba stock surged 1.1% (stochastic). US dollar fell due to weak jobs data, affecting rate plans. Bank of Canada holds 5% rate. UK borrowing slows amid higher costs. Upcoming: US jobless claims, Eurozone prices, more.
Moneta Markets | Před 755 dny
ECB Hawkish Pushback to Face Key Inflation Test

ECB Hawkish Pushback to Face Key Inflation Test

The ECB hawks have stepped in to revive depressed rate expectations, but markets are opting for data dependency, and EUR/USD is set to face two key risk events with eurozone inflation figures before the US payrolls this week. I expect core inflation will prove resilient enough to trigger another ECB hike, so see upside room for the pair.
ACY Securities | Před 756 dny
Daily Global Market Update

Daily Global Market Update

Bitcoin up 5.8% (RSI). Microsoft +1.9% (CCI), Aussie dollar +0.7% (CCI). Gold rises 0.8% vs. USD (RSI). Gold reacts to USD rally pause pre-data. Dollar volatile, hits 9-month high vs. Yen, awaits data. Bitcoin readies for next move, amid US releases. Upcoming: Eurozone Biz Climate, Japan Retail Sales, ADP Employment, US GDP, Germany Import Price, Japan Retail Trade.
Moneta Markets | Před 756 dny
Risk-on Sentiment Heightens Ahead of Job Data

Risk-on Sentiment Heightens Ahead of Job Data

US equities advanced as the dollar's vigor abated after assimilating Jerome Powell's Jackson Hole Symposium discourse. Powell's subtly dovish tone vowed meticulous inflation management to foster risk appetite. Speculation also swirled around a softer labor market and subdued wage growth.
PU Prime | Před 756 dny
Softer Job Data Hammers Dollar

Softer Job Data Hammers Dollar

The decline of the U.S. JOLTs Job Openings signals a cooling labour market. This development has heightened the probability of the Fed opting for another rate pause in September.
PU Prime | Před 756 dny
EUR: Many Negatives in the Price Already?

EUR: Many Negatives in the Price Already?

The beginning of the week in Asia marked a promising and positive start for risk-related activities. The statements made by Fed Chair Jerome Powell during the Jackson Hole Symposium were of considerable significance.
ACY Securities | Před 757 dny
China US Aus Retail Sales Improve

China US Aus Retail Sales Improve

Markets were buoyed by the clear and hopefully decisive improvement in China-USA relations yesterday. With two working groups now planned to improve economic relations between the two countries. The first meeting planned to take place as soon as today.
ACY Securities | Před 757 dny