Analysis

Canada CPI

Canada CPI

CPI rose by 0.4% m-o-m in February. The consensus was for a rise of 0.5%. In the month, the main upward contributors to the monthly change in prices were telephone services, mortgage interest costs, rent, women’s clothing, and non-electric utensils.
ACY Securities | 774 days ago
UK inflation unexpectedly rises for first time in four months

UK inflation unexpectedly rises for first time in four months

UK inflation rose unexpectedly to 10.4% in February, its first increase in four months. The US Federal Reserve's monetary policy update is expected to reveal interest rate decisions amid uncertainty. Asian equity markets gained, while global bond yields increased. Stronger UK inflation data raises the odds of another UK interest rate hike on Thursday.
Moneta Markets | 774 days ago
Rising Australian Dollar, Federal Reserve's Decision and Jerome Powell comments

Rising Australian Dollar, Federal Reserve's Decision and Jerome Powell comments

The Australian dollar surged due to interest rate decisions by the US Federal Reserve and the Reserve Bank of Australia, along with concerns about the banking sector. The Fed may end its tightening campaign, but remains cautious. The RBA raised rates for the 10th time and may reassess at the April meeting. The AUD impact is uncertain, and traders should monitor developments closely.
Moneta Markets | 774 days ago
Global Market Sentiment Sours Despite UBS & Credit Suisse News

Global Market Sentiment Sours Despite UBS & Credit Suisse News

Major indices traded lower in the APAC region, with drops in equity futures pointing to lower opens for US & European benchmarks. The challenge for central banks is gauging how this turmoil will impact economic activity and inflation, and the implications for monetary policy. Interest rate outlooks have shifted markedly. Markets now look for at most a 25bp hike & significant rate cuts by year end.
Moneta Markets | 775 days ago
Market mood continues to fluctuate

Market mood continues to fluctuate

Asian equities up on US bank deposit guarantee plan. Markets focused on bank problems, US Fed & BOE meetings. UK Feb borrowing at £15.9bn. German ZEW survey reflects new uncertainties. US new home sales forecasted to rise. Global bond yields rose, US Treasuries fell.
Moneta Markets | 775 days ago
Bitcoin s bullish triangle

Bitcoin s bullish triangle

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin s bullish triangle
FxPro | 775 days ago
Crude Oil finds support

Crude Oil finds support

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crude Oil finds support
FxPro | 776 days ago