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Month: September 2023

Cryptocurrencies

ECB Review: Confirmed – A Final Rate Hike, But Restrictive Policies Not Over

Today, the ECB delivered a 25bp rate hike and indicated that it is now on pause, which is fully in line with our expectation. ECB still expects inflation will ‘remain too high for too long’, Read more…

By , 2 years ago September 14, 2023
Cryptocurrencies

ECB Review: Confirmed – A Final Rate Hike, But Restrictive Policies Not Over

Today, the ECB delivered a 25bp rate hike and indicated that it is now on pause, which is fully in line with our expectation. ECB still expects inflation will ‘remain too high for too long’, Read more…

By , 2 years ago September 14, 2023
Cryptocurrencies

ECB Review: Confirmed – A Final Rate Hike, But Restrictive Policies Not Over

Today, the ECB delivered a 25bp rate hike and indicated that it is now on pause, which is fully in line with our expectation. ECB still expects inflation will ‘remain too high for too long’, Read more…

By , 2 years ago September 14, 2023
Cryptocurrencies

Sunset Market Commentary

Markets The ECB today hiked rates by 25 bps in a decision supported by a “solid majority”. The deposit rate now stands at a record 4%. As per bond portfolios, Lagarde explained there was no Read more…

By , 2 years ago September 14, 2023
Cryptocurrencies

EUR/AUD Mid-Day Outlook

Daily Pivots: (S1) 1.6675; (P) 1.6735; (R1) 1.6770; More… EUR/AUD’s decline from 1.7062 resumes by breaking through 1.6647 support. Intraday bias is back on the downside for 1.6601 support next. On the downside, break of Read more…

By , 2 years ago September 14, 2023
Cryptocurrencies

US retail sales up 0.6% mom, ex-auto sales up 0.6%, above expectations

US retail sales rose 0.6% mom to USD 697.6B in August, above expectation of 0.2% mom. Ex-auto sales rose 0.6% to USD 564.0B, above expectation of 0.4% mom. Ex-gasoline sales rose 0.2% mom to USD Read more…

By , 2 years ago September 14, 2023
Cryptocurrencies

WTI Oil: Bulls Eye $90 Barrier, Underpinned by Tight Supply Outlook

WTI oil keeps firm tone and hit new multi-month high on Thursday, approaching psychological $90 barrier. Tighter global supply outlook on the recent decision of Saudi Arabia and Russia to extend production cut until the Read more…

By , 2 years ago September 14, 2023
Cryptocurrencies

WTI Oil: Bulls Eye $90 Barrier, Underpinned by Tight Supply Outlook

WTI oil keeps firm tone and hit new multi-month high on Thursday, approaching psychological $90 barrier. Tighter global supply outlook on the recent decision of Saudi Arabia and Russia to extend production cut until the Read more…

By , 2 years ago September 14, 2023
Cryptocurrencies

AUDUSD attempts recovery from 10-month low

AUDUSD hit a fresh 10-month bottom of 0.6356 last week Regained some ground but clearly not out of the woods yet Momentum indicators suggest that the rebound could strengthen AUDUSD had been in an aggressive decline Read more…

By , 2 years ago September 14, 2023
Cryptocurrencies

AUDUSD attempts recovery from 10-month low

AUDUSD hit a fresh 10-month bottom of 0.6356 last week Regained some ground but clearly not out of the woods yet Momentum indicators suggest that the rebound could strengthen AUDUSD had been in an aggressive decline Read more…

By , 2 years ago September 14, 2023

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