Анализ

Dollar Gain Despite Poor PMI Reading

Dollar Gain Despite Poor PMI Reading

The U.S. Chicago Purchasing Managers' Index (PMI) reading significantly dropped to 46.9, falling below both the previous reading and market consensus.
PU Prime | 297 дней спустя
Prospects of Canada’s GDP Growth

Prospects of Canada’s GDP Growth

In the intricate tapestry of Canada's economic landscape, the month of October brought about a stalling moment, as the Gross Domestic Product (GDP) showed no significant change on a month-on-month (m-o-m) basis, diverging from the anticipated 0.2% gain predicted by consensus expectations.
ACY Securities | 300 дней спустя
USD Nothing New Going Into the New Year

USD Nothing New Going Into the New Year

The opening of the Asian session set a positive tone, propelled by a significant downward revision to the United States' Q3 GDP figures, indicating a palpable deceleration in the nation's economic activity. This revision, in turn, fuelled heightened investor expectations of an assertive rate cut by the Federal Open Market Committee (FOMC) in the year 2024.
ACY Securities | 300 дней спустя
Daily Global Market Update

Daily Global Market Update

GBP/USD, Bitcoin, and Oil/USD fell; Binance resilient amid regulations; Gold up 5th day on Fed hopes. Economic releases: US Chicago PMI, Baker Hughes Rig Count, Spain CPI, Dutch Retail Sales, Japan, and UK CFTC Net Positions.
Moneta Markets | 300 дней спустя
Dollar Rebound Despite Job Market Soften

Dollar Rebound Despite Job Market Soften

Despite dollar rebound, persistent speculation surrounding a potential dovish pivot by the Federal Reserve continues to exert downward pressure on the U.S. dollar.
PU Prime | 300 дней спустя
Gold and equities shine bright in thin trading

Gold and equities shine bright in thin trading

Gold closes at its highest level ever as US yields keep falling - Shares on Wall Street also hit record highs, fueled by rate cut bets - Dollar retreats across the board, boosting the euro and yen
XM Group | 301 дней спустя
Daily Global Market Update

Daily Global Market Update

Euro strengthens, Dollar weakens, Gold rises (watch for overbought), Google stock retreats. Global economy ends 2023 strong, but risks persist. Upcoming: US jobless claims, oil stocks, Spain retail, Austria PMI, Italy bond auction.
Moneta Markets | 301 дней спустя
Stocks flirt with record highs as rate cut bets run wild

Stocks flirt with record highs as rate cut bets run wild

Softer-than-expected PCE inflation boosts early rate cut hopes. Global shares rise after S&P 500 comes within a whisker of its all-time high. Yen slips as BoJ hints at no imminent policy change, dollar muted on depressed yields
XM Group | 302 дней спустя
Dollar Dips in Thin, Holiday Trade, AUD Breaks Higher

Dollar Dips in Thin, Holiday Trade, AUD Breaks Higher

The Dollar Index (USD/DXY), a popular measure of the Greenback’s value against a basket of 6 major currencies, dipped to 101.45, from 101.70, and its lowest finish since 27 July. The USD/JPY pair, however, edged higher to 142.45 (142.35) after Japan’s November Jobless Rate remained unchanged, at 2.5%. The Dollar traded to an overnight high at 142.67 JPY before easing.
ACY Securities | 302 дней спустя
Decoding Japan’s Policy Stance and Unravelling Sterling Dynamics in 2023

Decoding Japan’s Policy Stance and Unravelling Sterling Dynamics in 2023

As I delve into the intricacies of the Bank of Japan's recent decisions, it's evident that the BoJ has maintained its steadfast position, refraining from any end-of-year surprises. From my perspective, the global easing of yield pressures and the perceived inclination towards quicker "adjustment" cuts in the US create an environment.
ACY Securities | 302 дней спустя
Continued Slow Erosion, From Shifting Headwinds

Continued Slow Erosion, From Shifting Headwinds

On my thoughts, it's evident that the US Dollar (USD) continues its gradual erosion, influenced by various shifting headwinds. Looking ahead to the entirety of 2023, indications point towards a mild depreciation of the Dollar, with estimates projecting a -1% decline based on the DXY and a broader trade-weighted index showing a decrease of -1.3%.
ACY Securities | 302 дней спустя
Daily Global Market Update

Daily Global Market Update

Bitcoin down 2.8%, reversal possible. Nike falls 0.2%, negative trend likely. AUD/USD up 0.2%, overbought. Gold gains 0.6%, correction ahead. Oil up amid tensions; Dollar falters. Zhao's wealth surges $25bn. Key economic data due: US, Finland, Japan.
Moneta Markets | 302 дней спустя
IPO markets may return to normal in 2024 after 2-year slump

IPO markets may return to normal in 2024 after 2-year slump

The market for initial public offerings (IPOs) is poised for a potential upswing in 2024, fueled by an improved outlook and expectations of three interest rate cuts from the U.S. Federal Reserve, which are expected to invigorate growth-oriented companies, according to investment bank Renaissance Capital.
Markets.com | 304 дней спустя