Good Morning, dear readers. There has been much hullabaloo about the new iPhones this past week. It’s Apple’s brief time in the sun before the next spate of Android flagships take over the news cycle. Read more…
Credit: David Imel / Android Authority A prominent leaker has claimed that Google is working on a compact flagship Pixel phone. The phone is apparently code-named Neila, but little else is known about it. Google Read more…
With the dust still settling on last night’s red-hot U.S inflation data, attention locally will turn to an Antipodean doubleheader tomorrow in the shape of Q2 NZ GDP and the Australian August labour force report. Read more…
We expect BoE to hike the Bank Rate by another 50bp on Thursday 22 September, but acknowledge that it is a close call between 50bp and 75bp. We expect further 50bp hikes in both November Read more…
Overview: Inflation pressures from oil, metals, food and freight rates have come down but labour markets remain tight in US and Europe keeping wage pressures high. Incoming inflation numbers also remain elevated as evident from Read more…
Global markets are trying to pick up the pieces after a torrid Tuesday, following the nasty surprise in the latest US inflation report. The higher-than-expected CPI print nullified premature hopes for a “dovish pivot” by Read more…
USDJPY has been in a prolonged uptrend since early March, crossing forcefully above both its 50- and 200-day simple moving averages (SMAs) and generating consecutive fresh highs. Moreover, despite the recent consolidation, the positive tone Read more…
Daily Pivots: (S1) 165.73; (P) 166.41; (R1) 166.82; More… Intraday bias in GBP/JPY is turned neutral with current deep retreat. On the upside, decisive break of 168.67 high will resume larger up trend. Next target Read more…
Daily Pivots: (S1) 143.73; (P) 144.38; (R1) 144.73; More…. Intraday bias in EUR/JPY is turned neutral with current retreat and some consolidations could be seen. But downside should be contained above 138.38 resistance turned support Read more…
Daily Pivots: (S1) 1.4722; (P) 1.4773; (R1) 1.4859; More… Intraday bias in EUR/AUD stays neutral as range trading continues. On the upside, above 1.4880 will resume the rebound from 1.4281 short term bottom, and target Read more…