Australian Weekly ANZ Roy Morgan Consumer Confidence survey 79.8 (vs. prior 77.6)

Highest for this since late April. ANZ comments on the still dour result, looking for Read More →

USD/CAD Forecast: Loonie Stalls Gains Led by Soaring WTI

The Canadian dollar remained strong amid higher oil prices. Oil hit a 10-month high on Read More →

USD/JPY Forecast: Yen Stalls with Japanese Markets on Holiday

Markets are awaiting the BOJ policy meeting. The yen has fallen by 1.3% following Ueda’s Read More →

EUR/USD recovers some lost ground near 1.0660, eyes on FOMC meeting

Share: EUR/USD posts modest gains around 1.0665, up 0.07% on the day. The market expects Read More →

Biden aide and Chinese diplomat held hours of constructive talks in Malta

Share: Beijing and Washington announced on Sunday that White House national security adviser Jake Sullivan Read More →

UK data – Rightmove House Price Index +0.4% m/m (prior -1.9%)

The Rightmove House Price Index is a gauge of asking prices for UK homes. It Read More →

US Auto Workers strike continues. A 21% pay increase was made and rejected.

The strike by the US United Auto Workers is ongoing. The latest is that the Read More →

Brent – the oil price is “exposed to further price spikes in 2024”

Summary comments from ANZ on oil, saying that conditions are in place for even higher Read More →

New Zealand Services PMI for August 47.1 (prior 48.0)

The BNZ – BusinessNZ Performance of Services Index (PSI) for August 2023 comes in at Read More →

USD/NOK advances near 10.800 while investors gear for one more NB hike

Share: USD/NOK saw green on Friday, rising 0.50% above 10.788. Investors expect the NB to deliver a Read More →

S&P 500 closes week lower amid surging volatility and skyrocketing US yields

Share: S&P 500 closes down at 4450.32, losing 1.22%, as Technology, Consumer Discretionary, and Energy Read More →

GBP/USD Weekly Forecast: Sellers Overwhelm Ahead of BoE/Fed

The UK released GDP data that was much lower than expected. The US CPI and Read More →

EUR/USD Weekly Forecast: ECB-Fed Differential to Grow

US inflation came in higher than expected. While the ECB raised rates to a record Read More →

USD/JPY gains ground and targets 150.00

Share: USD/JPY advances to fresh multi-month highs near 147.85 US Michigan’s Consumer Sentiment came in lower Read More →

Arm Holdings Stock Forecast: ARM rolls over on Friday as NASDAQ declines

Share: Arm Holdings gained 24.7% on Thursday debut. ARM stock sells off Friday after initial Read More →

Broader US indices tumble and close lower on the week

The broader major indices closed sharply lower today led by the NASDAQ index which fell Read More →

S&P and NASDAQ close lower on the week after sharp declines today

S&P is out with it expectations for the UAW strike and implications. They say Warns Read More →

WTI crude futures settle at $90.77. What are the technicals telling traders?

The price of WTI crude futures are settling at $90.77. That’s up $0.61 or 0.66%. Read More →

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