The Aussie enters this week with genuine hawkish backing. RBA Assistant Governor Christopher Kent reaffirmed that tighter policy is working as intended, with markets now pricing roughly a 70% chance of one final hike to 4.60% by early next year, even as inflation eased below forecasts last quarter. That combination of commodity strength, gold, iron […]
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Market Overview The crypto market capitalisation has risen by 1.6% over the past 24 hours to $2.19T, continuing to consolidate within a fairly narrow range, having pulled back from the lower boundary of the channel Read more…
Brent’s break above $90 is doing double duty for CAD/JPY — strengthening Canada’s terms of trade while pushing global bond yields higher and deepening Yen funding pressure — and this time Canada’s own data are Read more…
German investor sentiment improved further in August, with ZEW Economic Sentiment rising from 26.3 to 34.2, above 30.1 consensus. Current Situation Index also strengthened sharply from -77.6 to -61.1, much better than -68.8 expected. ZEW Read more…