Analiz

Dollar, Treasury Yields Plummet; US Producer Prices Drop

Dollar, Treasury Yields Plummet; US Producer Prices Drop

US Treasury Yields and the Dollar plummeted after US Producer Prices unexpectedly fell, increasing speculation that the Federal Reserve may be nearing the end of its rate-hiking cycle. US May PPI rose just 0.1%, missing estimates at 0.2%. Which followed a recent drop in the US CPI.
ACY Securities | 670 gün önce
Dollar Drops on the Disinflation Trade – Keep Selling?

Dollar Drops on the Disinflation Trade – Keep Selling?

The downside surprise in US June CPI inflation has seen the dollar drop to new lows for the year. Over recent months I had been speculating that clear signs of US disinflation - and a weaker dollar - may emerge in 3Q23 and yesterday's moves could well be the start of an important market adjustment. 
ACY Securities | 670 gün önce
Pressure on US dollar continues

Pressure on US dollar continues

Asia-Pacific stocks rise, except Japan due to potential tighter monetary policy. Eurozone trade balance may improve due to lower energy prices. US consumer sentiment may rise due to falling inflation. Markets anticipate the Fed's policy update on 26th July. China's Q2 GDP is due Monday.
Moneta Markets | 670 gün önce
US Inflation No Relent From Fed

US Inflation No Relent From Fed

US Inflation came in at just 3% for the year. This is however to a large degree due to the higher base effect taking into account that huge surge of a year ago. Prices are still going higher, even from those surge levels.
ACY Securities | 671 gün önce
Markets rally and dollar weakens after US CPI data

Markets rally and dollar weakens after US CPI data

Asian equities rally after soft US inflation data sparks hope for Fed rate cuts in 2023. UK May GDP contracts 0.1%, less than expected due to a bank holiday and strikes. Eurozone May industrial output likely rose 0.3%; ECB hints at further tightening. US June producer price data eyed for inflation signs. US and UK 10-year bond yields drop, GBP/USD rises above 1.30.
Moneta Markets | 671 gün önce
EUR/USD Rises on Stats

EUR/USD Rises on Stats

The market's most traded currency pair rose to the level of 1.0960 by Monday. EUR/USD strengthened due to the weakness of the US dollar.
RoboForex | 674 gün önce
Dollar tests limit after NFP

Dollar tests limit after NFP

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Dollar tests limit after NFP
FxPro | 674 gün önce
UK Chancellor Hunt and BoE Governor Bailey to speak at Mansion House dinner

UK Chancellor Hunt and BoE Governor Bailey to speak at Mansion House dinner

Asian stocks drop amid China's potential deflation. Market expectations for higher central bank rates grow, with UK and US rates predicted to rise by 2024. Despite lower unemployment and higher pay growth, inflation concerns persist. As the next Bank of England meeting nears, UK labour market data is crucial. The US dollar strengthens against most major currencies.
Moneta Markets | 674 gün önce
Robust US Private Payrolls Lift Yields, Dollar; AUD, CAD Tumble

Robust US Private Payrolls Lift Yields, Dollar; AUD, CAD Tumble

Two-year US treasury bond yields soared above 5%, trading to their highest level since 2007 before easing to 4.98% (4.94% yesterday). The 10-year US yield closed at 4.03% (3.85%). Stronger than expected gains in US Private Payrolls, up at 497,000 against forecasts of 226,000 and a previous 267,000 boosted yields. US ISM Services PMI soared to 53.9 against forecasts at 51.3.
ACY Securities | 677 gün önce
US labour data awaited after strong ADP report

US labour data awaited after strong ADP report

US job growth led to higher Treasury yields and lower Asian equities. The Federal Reserve may raise interest rates in July. Unemployment is predicted to drop to 3.6%. German industrial production fell, disappointing the Eurozone. US 10-year yield crossed 4% for the first time since March after strong ADP figures.
Moneta Markets | 677 gün önce
Consolidation Ahead of US Jobs Data

Consolidation Ahead of US Jobs Data

During the 4th of July US vacation, the major currencies compared to the US dollar demonstrated a relatively predictable pattern of narrow trading ranges. Among the G10 currencies, the NZD performed the best.
ACY Securities | 678 gün önce