Markets US Treasuries went into full sell-off mode again yesterday following February US PMI’s. The composite PMI returned above the 50 boom/bust mark again for the first time since June 2022, surging from 46.8 to Read more…
Daily Pivots: (S1) 143.35; (P) 143.76; (R1) 144.16; More…. Intraday bias sin EUR/JPY stays on the upside at this point, despite loss of upside moment. Corrective fall from 148.38 should have completed at 137.37. Further Read more…
Daily Pivots: (S1) 1.3470; (P) 1.3509; (R1) 1.3577; More…. USD/CAD’s rally resumed after brief retreat and intraday bias is back on the upside. Outlook is unchanged that corrective pattern from 1.3967 should have completed at Read more…
Daily Pivots: (S1) 1.3470; (P) 1.3509; (R1) 1.3577; More…. USD/CAD’s rally resumed after brief retreat and intraday bias is back on the upside. Outlook is unchanged that corrective pattern from 1.3967 should have completed at Read more…
The Reserve Bank raised the Official Cash Rate by 50 basis points to 4.75%, and maintained its projection of a 5.5% peak in the coming months. RBNZ Monetary Policy Statement, February 2023 The Reserve Bank Read more…
The Monetary Policy Committee today increased the Official Cash Rate (OCR) from 4.25% to 4.75%. The Committee agreed that the OCR still needs to increase, as indicated in the November Statement, to ensure inflation returns Read more…
ECB President Christine Lagarde reiterated the plan to hike by another 50bps at March meeting. She added, “What comes after that will be data dependent. We will look at all numbers — inflation, obviously, labor Read more…
ECB President Christine Lagarde reiterated the plan to hike by another 50bps at March meeting. She added, “What comes after that will be data dependent. We will look at all numbers — inflation, obviously, labor Read more…
ECB President Christine Lagarde reiterated the plan to hike by another 50bps at March meeting. She added, “What comes after that will be data dependent. We will look at all numbers — inflation, obviously, labor Read more…