RAND TALKING POINTS & ANALYSIS Decline in US Treasury yields sustaining rand upside as PPI’s push higher. Attention n shifts towards FOMC minutes and Fed officials. Rising wedge support being eyed by ZAR bulls. Want to stay updated with the most relevant trading information? Sign up for our bi-weekly newsletter and keep abreast of the
Mon: EZ Sentix Index (Oct) Tue: Nil Wed: EIA STEO, US PPI (Sep). FOMC Minutes Thu: ECB Minutes, OPEC MOMR, IEA OMR, UK GDP (Aug), US CPI (Sep) Fri: Chinese Inflation (Sep), Chinese Trade Balance (Sep), EZ Industrial Production (Aug), US University of Michigan Prelim Note: Previews are listed in day order FOMC Minutes (Wed):
Gold (XAU/USD) Analysis, Price, and Chart US 2yr yields near highs last seen in 2007. Gold unable to break resistance ahead of the latest Fed decision. Learn How to Trade Gold Recommended by Nick Cawley How to Trade Gold US Treasury yields are pressing against multi-year highs as markets continue to price in higher inflation
AUD/USD ANALYSIS & TALKING POINTS Fed guidance = elevated rates for longer. US initial jobless claims in focus later today. Long wick ominous for AUD. Recommended by Warren Venketas Get Your Free AUD Forecast AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP The Australian dollar took a turn lower after yesterday’s FOMC announcement and Westpac lending index data. The
Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, S&P 500 Analysis and Charts FTSE 100 rises as UK inflation diminishes The FTSE 100 bounced off its 200-day simple moving average (SMA) at 7,643 as UK consumer price inflation (CPI) for August came in at a better-than-expected 6.7% year-on-year (YoY) versus an
© Reuters. U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Brigid Riley TOKYO (Reuters) – The dollar remained firm against a basket of peers on Wednesday ahead of a much-anticipated rate decision by the Federal Reserve later in the day, while the yen continued to hang close
Share: The index trades within a tight range just above 105.00. The FOMC meeting will take centre stage later in the session. The Fed is expected to keep rates unchanged on Wednesday. The greenback attempts some consolidative move in the low 105.00s when measured by the USD Index (DXY) ahead of the opening
EUR/USD FORECAST: EUR/USD trades largely directionless on Tuesday, moving between small gains and losses ahead of the Fed’s announcement The FOMC is set to unveil its September policy decision on Wednesday. No interest rate changes are expected, but the bank will release the eagerly-awaited “Summary of Economic Projections” This article analyzes possible scenarios for the
Share: EUR/USD posts modest gains around 1.0665, up 0.07% on the day. The market expects the Federal Reserve (Fed) to hold interest rates steady at its policy meeting on Wednesday. European Central Bank (ECB) President Lagarde said the potential of further rate cuts was not considered among policymakers. Federal Open Market Committee (FOMC)
The data is due at 8.30 am US Eastern time. Preview comments via CIBC: August CPI will be the final piece of the puzzle for the Fed ahead of its September meeting We expect the last few soft readings to start to form a trend, with core CPI in August expected to come in at
