Analysis

Aussies signal interest rate pause

Aussies signal interest rate pause

Mixed performance in Asian equity markets as the oil price climbs after OPEC’s production cut. Australia's central bank keeps interest rates steady, warning of potential future tightening. The ECB’s consumer expectations survey updates inflation trends, while US factory orders are predicted to fall by 0.3% in Feb. New Zealand’s central bank is expected to raise interest rates by 25 basis points.
Moneta Markets | 445 days ago
G10 Core Views for April

G10 Core Views for April

Modestly weaker USD in Q2: market focus on US financial fragility and the potential for resulting Fed cuts reminds me of H1 2008, a period when the Fed was cutting rates even as other central banks resisted its direction.
ACY Securities | 446 days ago
Oil to Drive Fed Higher

Oil to Drive Fed Higher

In this video, Chief Economist Clifford Bennett delves into the recent surge in the price of oil and its potential impact on the global economy. He explains the factors that are driving the rise in oil prices and how it could lead to another bout of high inflation.
ACY Securities | 446 days ago
OPEC announces oil production cuts

OPEC announces oil production cuts

OPEC cuts of over 1 million barrels/day boosted oil prices despite inflation concerns, as Asian equity markets rise and US futures decline. China's Caixin manufacturing PMI for March fell to 50. International releases include the US labor market report on Friday. Manufacturing updates are expected today, and US Treasury and UK gilt yields fell on Friday but rose again after OPEC's announcement.
Moneta Markets | 446 days ago
FX Daily: Unorthodox Correlations

FX Daily: Unorthodox Correlations

With the Yen bearing the brunt of the risk rally, the Dollar saw some delayed benefits from the re-tuning in Fed rate expectations and enjoyed a modest recovery yesterday. Today, all eyes will be on China PMIs, UK GDP, Europe and US CPI. Elsewhere, Oil stays supported.
ACY Securities | 449 days ago
Eurozone and US Inflation in focus

Eurozone and US Inflation in focus

Asian equities rise after gains in Europe and North America, with concerns over the banking sector easing. China's non-manufacturing PMI surges to its highest since May 2011, while Japan's core inflation rises. Eurozone annual CPI inflation forecast to post a decline, but core inflation expected to rise, and in the US, overall inflation expected to fall only slightly.
Moneta Markets | 449 days ago
The challenge for the ECB

The challenge for the ECB

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: German inflation undefeated
FxPro | 450 days ago
First indications of Eurozone inflation due

First indications of Eurozone inflation due

Asian markets were stable with no news to drive them. Eurozone inflation data, US Q4 GDP, and weekly jobless claims are expected. Japan's Tokyo CPI and China's March PMIs will also be closely watched. Currencies remained stable, with GBPUSD slightly up. Markets await inflation data from the US and Eurozone.
Moneta Markets | 450 days ago
FX Daily: Hawkish Pushback

FX Daily: Hawkish Pushback

Dovish bets have been scaled back in the US, but I continue to see mostly downside risks for the dollar and expect EUR/USD to test 1.10 soon. But beware of corrections along the way.
ACY Securities | 450 days ago
Stocks the Battle of Two Ideas

Stocks the Battle of Two Ideas

The territory, the grand battle field, is now clearly defined and coming into view. There are a myriad of factors at work. The matrix has never been so complex or more multi-dimensional than it is right now.
ACY Securities | 450 days ago