The Range Trade is Alive and Well as Markets Ponder Central Bank Rate Strike

Going into the fourth quarter, interest rate markets are pricing in a peak in most major central bank monetary policy tightening cycles by the end of this year, if not sooner. Remarks from policy makers across the spectrum point toward future decisions on cash rates being dependent on the incoming economic data. This is somewhat

Japan keeps markets guessing on yen intervention, warns against sharp falls By Reuters

© Reuters. FILE PHOTO: Japan’s vice minister of finance for international affairs, Masato Kanda, poses for a photograph during an interview with Reuters at the Finance Ministry in Tokyo, Japan January 31, 2022. Picture taken January 31, 2022. REUTERS/Issei Kato/Fil By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) -Japanese authorities refrained on Wednesday from disclosing

US Crude Prices Close In On $100 As Markets Fret Tighter Supply

CRUDE OIL ANALYSIS AND TALKING POINTS US crude hit its highest point for over a month Supply is on market minds as production cuts look set to continue Inventory levels also weigh on traders’ minds Recommended by David Cottle Get Your Free Oil Forecast Crude oil benchmark prices hit their highest points in more than

Japan Finance Minister warns markets as yen nears intervention danger zone By Reuters

© Reuters. FILE PHOTO: Japanese Finance Minister Shunichi Suzuki speaks with the media after a meeting of G7 leaders on the sidelines of G20 finance ministers’ and Central Bank governors’ meeting at Gandhinagar, India, July 16, 2023. REUTERS/Amit Dave/file photo By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s finance minister said on Tuesday that authorities won’t rule

Japanese Yen Weakens Again, Markets Watchful For BoJ Intervention

USD/JPY closes in on eleven month highs Interest rate differentials continue to crush the Yen after BoJ stood pat last week Markets suspect it’s more likely to step in and bolster the Yen at current levels The Japanese Yen fell to a ten-month low against a generally stronger United States Dollar on Monday, pushing USD/JPY

AUD/NZD coasting near 1.0880 as markets await inspiration

Share: The AUD/NZD is floating near the top of recent consolidation. Aussie traders will be hoping to catch a bid if China data recovers. The Kiwi has a thin showing on the calendar this week, leaving it exposed to broader market flows. The AUD/NZD is on the high side for the week, pinning

Crude Oil Flies High with Markets Eyeing a Fed Pause. Will WTI Go Higher?

Crude Oil, WTI, Bent, US Dollar, NFP, FOMC, HSI, RBA, BoC, ASEAN, G-20 – Talking Points Crude oil’s leap to new highs appears intact for now with A combination of production cuts and an inventory rundown boosted oil After today’s US holiday, a busy week lies ahead. Will WTI keep climbing? Recommended by Daniel McCarthy

Market Update – August 31 – Markets sustain the “Bad News Is Good News” stance

Asian stock markets traded mixed overnight, with mainland China bourses underperforming. Chinese manufacturing contracted in August for a 5th straight month, while Chinese property stocks fell after Country Garden, once the country’s largest developer by sales, reported record losses and China Vanke cancelled a share placement. China’s property sector is dealing with a renewed liquidity