Analyse

EBC Daily Snapshot Jun 14, 2024

The yen hit a 1-month low Friday as the BOJ held rates and announced future bond buying cuts, contrary to market expectations for this month.

EBC Financial Group | il y a 501

Daily Global Market Update

GBP/USD dipped 0.2%, Bitcoin plunged 2.1%, Oil fell 0.4% but indicator positive. AUD/USD down 0.4%. Terraform Labs to close, US producer prices down, Oil mixed. Upcoming events: US Export Price Index, Eurogroup meeting, US Michigan Consumer Sentiment Index.

Moneta Markets | il y a 503

Dollar higher, yen under pressure but stocks feel good

Yen suffers from BoJ's inactivity; Dollar recovers from Wednesday’s underperformance; US stock indices’ euphoria continues

XM Group | il y a 503

Crypto Bears in charge

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto Bears in charge

FxPro | il y a 503

Australian Labour Market and China Trade Risks

The latest labour market report from Australia reveals a positive trend in employment growth. In May, the Australian economy added 39,700 jobs, consistent with the monthly average of 40,700 job gains for the year.

ACY Securities | il y a 503

Dollar Rebounds, Fed Dot-Plot Signals Just One Rate Cut This Year

The Dollar Index (DXY)shrugged off softer than expected US Producer Prices, instead climbing 0.5% to 105.25 from 104.70 yesterday. The US Federal Reserve signaled just one rate cut this year, from three previously.

ACY Securities | il y a 503

Analysis of the Recent US CPI Report and Its Implications for Fed Policy

The recent release of the US Consumer Price Index (CPI) report questions much about the hawkish policy stance that the Federal Reserve has held. This paper will try to extract key features from the report, the new policy consensus for the Federal Reserve, and what that could mean for the US dollar and interest rates (Sourced from Federal Reserve Bank of Chicago).

ACY Securities | il y a 503

Dollar Gains on Hawkish Fed Outlook

After digesting Jerome Powell's comments following the FOMC interest rate decision on Wednesday, the dollar erased all its losses from the soft CPI reading, continuing its upward trajectory. The hawkish outlook from the Fed stimulated dollar strength against its peers, while the bullish momentum in equity markets was hindered by the prospect of prolonged high interest rates.

PU Prime | il y a 503

Forex Market Report - 14th June 2024

Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.

DNA Markets | il y a 503

Euro Slides on France Uncertainty; ECB Cautious after Rate Cut

The Euro (EUR/USD) slid to a 5-week low at 1.0740 (1.0800) as political instability in France weighed on the shared currency. French President Emmanuel Macron called for a snap legislative election.

ACY Securities | il y a 503

Forecasting Upcoming USA CPI Figures What Will Happen to the USD?

In the May CPI report, my projections diverge slightly from the consensus, offering a nuanced view of the economic landscape with notable trends and forecasts.

ACY Securities | il y a 503

Upcoming FOMC Meeting and Global Implications

As we get ready for the upcoming Federal Open Market Committee (FOMC) meeting on June 13 at 4 AM Sydney time, there's a lot of focus on what changes might come to policy rates and economic projections.

ACY Securities | il y a 503

Fed's hawkish inaction favours the dollar

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Fed's hawkish inaction favours the dollar

FxPro | il y a 504

Daily Global Market Update

Euro rose 0.6% against Dollar, Yen strengthened while Dollar dipped. Gold rose slightly but technical indicators show potential decline. Amazon stock fell, S&P 500 and NASDAQ hit record highs but closed lower. US jobless claims, producer price index, Eurozone industrial production data eyed today.

Moneta Markets | il y a 504

Bitcoin holds below $70,000: Bearish reversal or bullish refuelling?

Bitcoin is currently trading below $70,000, retracing from last week's highs of $70,762. This dip is largely attributed to a market reaction to the U.S. nonfarm payrolls report, which significantly surpassed expectations, signalling a robust labour market.

Deriv | il y a 504