RBA rate decision ahead, VIX hovers near year-to-date low

With the US shut for Labour Day holiday, European indices were largely subdued overnight on some wait-and-see, failing to tap on gains in the earlier Asian session. European bond yields edged slightly higher, largely following through from last Friday’s moves. Despite the softer read in the recent US jobs report, the resilience in US Treasury

AUDUSD Consolidates Ahead of RBA Rate Decision

On Tuesday [05/09], the Reserve Bank of Australia will make a decision on interest rates, which are expected to remain unchanged for the third consecutive month. Weaker economic growth makes the RBA likely to be more cautious this time around. GDP figures due to be released on Wednesday [06/09] will show whether growth slowed or

No Grayscale vs SEC decision today

Eyes are on the US court of appeals for the D.C. Circuit for a potential decision in the bitcoin spot ETF case with Greyscale suing the SEC for approval. Some were pointing to slate of decisions today set for 11 am ET but that came and passed with four decisions and nothing on Greyscale. Signs

Just a minor shift in BOE rates pricing right after the decision

Here’s a look at how the OIS curve has shifted before and after the BOE policy decision today: It’s not much of a change in general as the BOE continues to allude to the fact that they are going to keep tightening policy further so long as the data suggests so. That is regardless of

Bears attack 182.00 with eyes on BoE Interest Rate Decision

Share: GBP/JPY stays pressured after reversing from three-week-old ascending resistance line. Downbeat oscillators, fears of BoE’s dovish hike direct sellers toward previous resistance line. Buyers need validation from BoE Governor Andrew Bailey and yearly high marked in July to retake control. GBP/JPY holds lower grounds near 182.00 after snapping a three-day uptrend the

Crude Oil Eyes New Highs Despite Risk Aversion Elsewhere on Fitch Decision

Crude Oil, WTI, Brent, Fitch, AA+, US Dollar, Treasuries, HSI, Nikkei 225, Gold – Talking Points The crude oil price pressed toward elevated levels as markets recalibrated The Fitch downgrade dominated price action, but the impact has been disparate If the risk-off attitude continues, will WTI face headwinds? Trade Smarter – Sign up for the