US Dollar, DXY Index, USD, Fed, GDP, China PMI, USD/JPY, Euro CPI – Talking Points The US Dollar was undermined by weak data that gave hope to equity bulls China saw good PMI numbers, but the property sector continues to weigh Markets appear to be data-focused for now. Will sluggish numbers push the USD lower?
Oil (Brent Crude, WTI) Analysis China crucial to oil demand outlook, data sensitivity expected Brent crude oil and WTI eas ahead of EIA storage data and Jackson Hole IG client sentiment briefly shifted net long – complicating the outlook The analysis in this article makes use of chart patterns and key support and resistance levels.
© Reuters. Investing.com — Most Asian currencies fell on Thursday after the minutes of the Federal Reserve’s July meeting presented a hawkish outlook on interest rates, while the Chinese yuan rose amid reports of currency market intervention by the state. The dollar strengthened against a basket of currencies after the , coming within sight of
Share: Australian Dollar weakens on fears of a credit crunch in the Chinese property sector. Hawkish commentary from the Governor of the RBA, Philip Lowe, temporarily staunches the bleeding. US factory gate inflation comes out higher than expected, however, supporting the US Dollar. The Australian Dollar (AUD) trades lower against the US Dollar
Australian Dollar, AUD/USD, US Dollar, China, CPI, PPI, Crude Oil, Gold – Talking Points Australian Dollar narrowly gained support today in anaemic market conditions China’s CPI and PPI missed estimates and it raises the spectre of Government action If a new low is not seen in AUD/USD on this dip, how much longer will the
Share: USD/JPY recovers from the lowest level in a week, prints the first daily gain in three. US 10-year Treasury bond yields consolidate the biggest daily slump in three months. China-linked fears, hawkish BoJ Summary of Opinions and pre-inflation moves propel Yen prices. US CPI, PPI and BoJ chatters will be important for