Eurozone industrial production rose 0.5% mom in June, well above expectation of 0.1% mom. Production of energy grew by 0.5%, while production of durable consumer goods fell by -0.1%, capital goods by -0.7%, intermediate goods Read more…
Eurozone industrial production rose 0.5% mom in June, well above expectation of 0.1% mom. Production of energy grew by 0.5%, while production of durable consumer goods fell by -0.1%, capital goods by -0.7%, intermediate goods Read more…
USDJPY has been storming higher in the short term, posting a fresh 9-month high of 145.85 on Tuesday before paring some gains. Undoubtedly, the pair has approached a critical technical region around where the first round of intervention Read more…
USDJPY has been storming higher in the short term, posting a fresh 9-month high of 145.85 on Tuesday before paring some gains. Undoubtedly, the pair has approached a critical technical region around where the first round of intervention Read more…
The Americans continue spending and that’s bad news for the entire world. Announced yesterday the July retail sales data came in better-than-expected in the US. Sales grew 0.7% on a monthly basis and more than Read more…
Daily Pivots: (S1) 0.6431; (P) 0.6476; (R1) 0.6501; More… AUD/USD’s break of 0.6457 support confirms resumption of whole decline from 0.7156. Intraday bias is back on the downside for 100% projection of 0.7156 to 0.6457 Read more…
RBNZ on hold in August, OCR forecast revised higher. First Impressions RBNZ August 2023 Monetary Policy Statement OCR remains at 5.5% as expected. Near term growth outlook revised up, and OCR profile revised higher to Read more…
RBNZ on hold in August, OCR forecast revised higher. First Impressions RBNZ August 2023 Monetary Policy Statement OCR remains at 5.5% as expected. Near term growth outlook revised up, and OCR profile revised higher to Read more…
The Monetary Policy Committee today agreed to maintain the Official Cash Rate (OCR) at 5.5%. The current level of interest rates is constraining spending and hence inflation pressure, as anticipated and required. The Committee agreed Read more…