Analysis

UK inflation down but core rate sticky

UK inflation down but core rate sticky

Asia-Pacific equities dropped, mirroring US/EU. China boosted liquidity; New Zealand cautioned on inflation. UK's CPI fell to 6.8%, hinting at a rate hike. Eurozone Q2 GDP expected at 0.3%. US July data shows strong consumer spending. Federal Reserve likely to maintain rates. UK yields rose; Sterling gained against euro, dollar.
Moneta Markets | 637 days ago
China Slows PBOC Cuts

China Slows PBOC Cuts

Here is my take away. If Retail Sales disappoint on what should be the last good month before further slippage, then it will be a major sell the stock market signal.
ACY Securities | 638 days ago
GBP: Key week for UK after strong GDP data

GBP: Key week for UK after strong GDP data

The week ahead is going to be relatively quiet regarding central bank speakers with the summer vacation period leaving the speaking calendar very light. Fed President Kashkari speaks tomorrow at 4pm BST – that’s it this week.
ACY Securities | 638 days ago
US Dollar to Keep Strong on the Short Term

US Dollar to Keep Strong on the Short Term

The lack of yield decline following the US CPI report last Thursday underscores the strong backing for US yields, which is expected to persist in the near future. The support for yields has been buoyed by higher-than-anticipated PPI data on Friday.
ACY Securities | 638 days ago
Inflation Down Retail UP

Inflation Down Retail UP

Some very good news on US Inflation Expectations. For the year ahead declining to 3.5% in July. This is a significant drop from 3.8%, and finally is exactly what the Federal Reserve wants to be seeing.
ACY Securities | 638 days ago
UK labour data reaffirm domestic inflation pressures

UK labour data reaffirm domestic inflation pressures

China cut interest rates amid slowing data; Japan's Q2 growth at 6% annually, driven by exports. Australia hints at rate changes. UK wage growth reached 8.2% in June; unemployment rose to 4.2%. UK July inflation may fall to 6.8%, but core inflation could hit a 31-year high of 7.1%. US July retail sales expected to rise by 0.4%. German data suggests slower Eurozone growth.
Moneta Markets | 639 days ago
The Trading Week Ahead

The Trading Week Ahead

In this highly anticipated video, Technical Market Analyst Luca Santos provides his expert insights for the trading week ahead. Santos kicks off by discussing the upcoming economic news releases scheduled for the week.
ACY Securities | 639 days ago
Weekly Recap August 07 - 11, 2023

Weekly Recap August 07 - 11, 2023

Participants in the foreign exchange (forex) market focused their attention on Chinese economic data and U.S. inflation statistics during this week. These factors have a significant impact on monetary policy predictions and overall market sentiment.
ACY Securities | 639 days ago
US Producers and Consumers

US Producers and Consumers

US Consumer Confidence, the University of Michigan Index, fell slightly to 71.2 in August. Generally though, US consumers have been attempting a fightback from the terrible GFC levels recently seen. Nevertheless, consumers could still be characterised as generally depressed.
ACY Securities | 639 days ago