Analýza

Weak CPI Prompts Larger Than Expected Drop on USD

Weak CPI Prompts Larger Than Expected Drop on USD

The deviation from consensus in the US CPI data for October was minimal, with a mere 0.1ppt difference for both the headline and the core. However, it triggered the most significant sell-off of the US dollar since, coincidentally, the October CPI report in November 2022.
ACY Securities | Pred 342 dňami
Dollar tumbles on cooler-than-expected US inflation

Dollar tumbles on cooler-than-expected US inflation

Slowing US inflation confirms view that Fed is done with hikes - Aussie and kiwi gain the most on bolstering risk sentiment - Pound pulls slightly back on lower-than-expected UK inflation - Wall Street rallies as investors cheer US inflation data
XM Group | Pred 342 dňami
Daily Global Market Update

Daily Global Market Update

Euro slightly down (-0.2%), Dollar up vs. Yen (+0.55%), Gold dipped (-0.1%). NIO stock surged (+3.6%). Dollar gains on strong US retail sales, global stocks rise on lower US inflation. EU growth forecast downgraded. Key economic events today.
Moneta Markets | Pred 342 dňami
JPY: Positive Risk Appetite Curtails Dollar Demand

JPY: Positive Risk Appetite Curtails Dollar Demand

The recent trajectory of the US dollar has been marked by notable fluctuations, with last week's impressive rebound, almost fully recouping the losses of the preceding week. However, as the new week commences, the greenback finds itself on the defensive, facing moderate selling pressures, particularly in anticipation of the pivotal US Consumer Price Index (CPI) data for October.
ACY Securities | Pred 343 dňami
What to Expect From the Fed Going Into 2024?

What to Expect From the Fed Going Into 2024?

As we approach the end of the year, The Street is buzzing with the release of annual outlooks. I will release a comprehensive analysis but still a lot of work to be done so it will be published around early January, the time is ripe to juxtapose my 2024 Federal Reserve (Fed) outlook with the prevailing consensus and the market's implied policy trajectory.
ACY Securities | Pred 343 dňami
Daily Global Market Update

Daily Global Market Update

Bitcoin dipped 2.5%, Amazon's stock rose 0.7%, Aussie dollar surged 1.9%, Gold gained 0.8%. Oil prices rise, Yen weak, OKX launches layer 2 blockchain. Upcoming: Euro Zone trade balance, UK CPI, US retail sales & PPI, Japan imports & exports.
Moneta Markets | Pred 343 dňami
Yen hits fresh low as focus turns to US CPI data

Yen hits fresh low as focus turns to US CPI data

Yen spikes, but ends Monday as the main loser - Dollar traders lock gaze on US inflation data - UK jobs report beats estimates, CPIs the pound’s next test - Wall Street ends mixed, awaits US CPI figures
XM Group | Pred 344 dňami