Weekly Market Outlook (14-18 August)

UPCOMING EVENTS: Tuesday: PBoC MLF, Australia Wage Price Index, China Industrial Production, UK Jobs Report, German ZEW, US Retail Sales, Canada CPI, NAHB Housing Market Index. Wednesday: RBNZ Policy Decision, UK CPI, FOMC Meeting Minutes. Thursday: Australia Jobs Report, US Jobless Claims. Friday: Japan CPI, UK Retail Sales. Tuesday The PBoC is expected to keep

USD/JPY jumps to 145.00 following hot US inflation data

Share: The pair trades green for a fifth consecutive day, around the critical 145.00 zone. The USD continues to strengthen after higher-than-expected US PPI data from July. Investors continue to bet on a less aggressive stance by the BoJ causing the Yen to lose interest. On the last day of the week, the

United Kingdom CFTC GBP NC Net Positions down to £47K from previous £49.6K

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The Convergence of Bitcoin Wallets & FX Trading: A Gateway to Expanded Financial Horizons

In recent years, the global financial landscape has witnessed an unprecedented convergence of traditional forex trading and the burgeoning world of cryptocurrencies, with Bitcoin taking the lead. As a result, the role of a Bitcoin wallet has become increasingly essential in facilitating seamless and secure trading experiences for investors and traders alike. In this article,

US PPI is coming up next

Happy Friday. The July producer price index is due at the bottom of the hour and might be a minor market mover. The consensus is +0.7% y/y on the headline and +2.3% y/y on core. At 10 am ET, the August US consumer sentiment report from the University of Michigan is due out. I have