Analysis

Markets range bound ahead of key central bank updates

Markets range bound ahead of key central bank updates

Asian markets mixed. Chinese trade data shows weaker exports but stronger imports. Australian GDP rose by 0.2% in Q1. German industrial production modestly up in April. UK house prices decline for the first time since 2012. Light data calendar, Bank of Canada expected to keep rates unchanged. Australian central bank raised rates. Bond yields stable, sterling down against the dollar.
Moneta Markets | 500 days ago
Is a big oil slump brewing?

Is a big oil slump brewing?

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Is a big oil slump brewing?
FxPro | 501 days ago
RBA DRIVES RECESSION RISK HIGHER

RBA DRIVES RECESSION RISK HIGHER

As the Reserve Bank of Australia today hikes interest rates to 4.1% let's have look at the potential consequences of the RBA's decisions and reveal a concerning outlook for the Australian economy.
ACY Securities | 501 days ago
USD & CHF: An Interesting Trade

USD & CHF: An Interesting Trade

Initially, the positive NFP gains gained attention, but this was quickly dampened by the first decline in household employment this year and a higher US unemployment rate, reaching a one-year high.
ACY Securities | 501 days ago
RBA to hike 25bps

RBA to hike 25bps

The recent decision made by the Living Wage Commission (LWC) to increase the minimum wage by 5.75% starting from July 1st, following a 5.2% increase in 2022, has made the RBA decision today a difficult one.
ACY Securities | 501 days ago
RBA surprise hike propels AUD higher

RBA surprise hike propels AUD higher

Asian equities up, Nikkei +1%. RBA surprises with rate hike to 4.1%. UK retail growth slows to 3.7% YoY. German factory orders decline 0.4% in April. Eurozone retail sales expected to rise 0.2%. ECB set to raise rates. No major US releases. Chinese trade data and Australian Q1 GDP tomorrow. GBP/USD falls, recovers slightly. AUD strengthens after RBA hike.
Moneta Markets | 501 days ago
US Dollar Up On Debt

US Dollar Up On Debt

We look at Saudi oil cutbacks, and why the US dollar can now strengthen due to a worsting debt outlook. Can equities keep going? The long awaited debut ceiling relief rally delivered strongly in Friday trading. And there could be more to come over coming days?
ACY Securities | 502 days ago
FX and Gold Outlook

FX and Gold Outlook

While I believe that the recent gains of EUR/USD have been exaggerated and may lead to a near-term correction lower, I anticipate that the combination of factors influencing the currency pair will generally remain positive, enabling it to regain more strength over the next 6-12 months.
ACY Securities | 502 days ago