It is all about the reaction to the US CPI data yesterday and for now, markets are looking calmer so far today. The dollar dropped heavily and may look to be challenged further, with EUR/USD leading the charge as seen here. Meanwhile, equities look poised to extend gains with S&P 500 futures now seen up
© Reuters Investing.com– Most Asian currencies crept lower on Tuesday, while the dollar clocked small gains before key U.S. inflation data that is expected to determine the path of monetary policy. Concerns over China also weighed on regional sentiment, as data showed a further slowdown in in the country through October. This saw the fall
Card retail sales -0.7% m/m in October Card retail sales -2.0% y/y New Zealand households have been slammed by the long cycle of interest rate hikes by the Reserve Bank of New Zealand. Which, of course, is a feature not a bug in the battle to drive down inflation. لینک منبع : هوشمند نیوز
© Reuters. Investing.com – The U.S. dollar traded largely unchanged in early European trade Tuesday ahead of the latest inflation data that could determine the path of U.S. monetary policy, while sterling gained as U.K. workers continued to receive healthy wage increases. At 03:10 ET (08:10 GMT), the Dollar Index, which tracks the greenback against
Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, CAC 40, Nikkei 225 Analysis and Charts Dow breaks trendline resistance The price continued to gain on Monday, moving above trendline resistance from the August highs. This now clears the way for a possible test of the September lower high around 35,000, and then beyond
Share: NZD/USD continues the downward trajectory for more than a week. NZD faces downward pressure as New Zealand’s Food Price Index fell 0.9% in October. Goldman Sachs anticipates the RBNZ to commence rate cuts starting in the fourth quarter of 2024. US inflation could grow but at a slower pace, which could put pressure
It is a mixed Monday for the major stock indices ahead of the important US CPI data tomorrow at 8:30 AM. The headline CPI number is expected to rise by 0.1% with the core expected to rise by 0.3%. The YoY is expected to fall to 3.3% from 3.7% (YoY effects) while the core is
Share: The GBP/USD is seeing some minor lift ahead of Tuesday’s bumper data reading. An easy Monday to give way to a bumper economic calendar data docket. UK wages & labor, US CPI in the barrel. The GBP/USD climbed to a Monday high near 1.2280 as markets jockey for position ahead of Tuesday’s bumper
GOLD, EUR/USD, NASDAQ 100 FORECAST Gold prices, EUR/USD and the Nasdaq 100 will be highly sensitive to the upcoming U.S. inflation report The U.S. Bureau of Labor Statistics will release October consumer price index data on Tuesday Headline CPI is seen rising 0.1% m-o-m and 3.3% y-o-y. Meanwhile, the core gauge is expected to clock
USD/JPY Analysis and Charts USD/JPY is close to 2022’s high of 151.94 That in turn was a 30-year top Strong US consumer price numbers could see the Dollar smash through this again Learn How to Trade USD/JPY With our Complimentary Guide Recommended by David Cottle How to Trade USD/JPY The Japanese Yen was lower against
