Will this week’s Australian jobs numbers convince the Reserve Bank of Australia (RBA) to hike rates again? Here are major points you need to know if you’re planning on trading Australia’s labor market report this week: Event in Focus: Australia’s April Employment Data: Employment Change, Unemployment Rate When Will it Be Released: August 17, 2023
New Zealand Dollar, NZD/USD, RBNZ, Fed, China, NZX50 Index – Talking Points The New Zealand Dollar reversed losses seen in early trade on the RBNZ pause The Kiwi Dollar had sunk on gathering economic clouds gathering in China The inflation appears to be centre stage for the RBNZ. If they hike again, will NZD/USD rally?
Minutes from the Reserve Bank of New Zealand meeting: Committee noted inflation is still expected to decline within the target band by the second half of 2024 Committee agreed that the risks around the inflation projection remain balanced Committee noted that the estimate of the nominal neutral OCR has increased by 25 basis points to
Japanese Yen, USD/JPY, Fading Momentum – Technical Update: The Japanese Yen continues to weaken against the US Dollar Daily and 4-hour timeframes show signs of fading momentum Still, it will take much to overturn the USD/JPY bullish bias Recommended by Daniel Dubrovsky What is the outlook for the Japanese Yen? The Japanese Yen continues to
Gold (XAU/USD) Analysis Gold sinks as yields and strong US economy weigh on the metal Gold selloff picks up steam after confluence resistance tag GLD outflows pick up as gold price heads lower The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive
Stochastic Scanner product page MT4 version here MT5 version here Stochastic Settings Set the stochastic settings like %K, %D period plus signal levels and also the option to get an alert for price entering and exiting the Other settings: Timeframes to scan (MT4 version): You can type the name of the timeframes (as shown in the MT4 toolbar)
© © Reuters. Javier Milei em Buenos Aires 13/8/2023 REUTERS/Stringer Investing.com – The faces a tough road ahead, ING warned Tuesday, as the recent shock primary election victory for Argentina’s far-right presidential candidate Javier Milei throws the country’s political and economic future into doubt. Far-right libertarian economist Javier Milei, who wants to scrap wants to
Share: AUD/JPY faces resistance from Tenkan and Kijun-Sen lines, currently trading just above at 93.93. Downside potential targets include the bottom of the Ichimoku Cloud at 93.45 and the 93.00 psychological level. On the upside, reclaiming 94.00 could see challenges at the August 15 high (94.86) and the Kumo top near 95.00/05. The
Oil Prices, Charts, and Analysis The People’s Bank of China (PBoC) unexpectedly cut borrowing costs. Oil may look to consolidate recent gains. Recommended by Nick Cawley How to Trade Oil The People’s Bank of China (PBoC) unexpectedly cut its one-year medium-term lending facility – the rate at which Chinese banks borrow money from the PBoC
A beefed up equity market forecast via a note from Jefferies Group, a US investment bank/financial services company headquartered in New York City. In summary, the equity researchers boosted their year-end target for the benchmark index, citing easing inflation, positive economic surprises and fading earnings downgrades: Our new base case for the S&P 500 year-end
