Fed is widely expected to raise interest rates by 0.75% today, for the second time in a row, to bring the federal funds rate target rate to 2.25-2.50%. More tightening is expected afterwards, as most Read more…
Australia CPI rose 1.8% qoq in Q2, blow expectation of 1.9% qoq. For the 12-month period, CPI accelerated from 5.1% yoy to 6.1% yoy, below expectation of 6.3% yoy. RBA trimmed mean CPI came in Read more…
June 2022 CPI 1.8%qtr vs 1.7% forecast; Trimmed Mean 1.5% vs 1.4% forecast. The CPI came in broadly as expected even with food, clothing & footwear, household furniture, equipment & services surprising to the high Read more…
DXY: On the H4, with prices reversing off the ichimoku indicator, we have a bearish bias that prices will drop to the 1st support at 105.642 in line with overlap support and 61.8% fibonacci retracement Read more…
June quarter Australian inflation data has surged to 6.1%, but below consensus expectations easing fears of a supersized 75bp rate hike when the RBA meets next week. Headline CPI rose by 1.8% QoQ and 6.1% Read more…
Earlier today, EU member states agreed to voluntarily cut their use of Russian gas by 15% as fears increase that Russia may shut off gas flow completely heading into the European winter months. This was Read more…
USD/JPY’s ascendance showing potential signs of cooling Insufficient evidence yet of any dramatic retracement or reversal 135 and 131.50 are key levels to watch Warning Signs Flashing USD/JPY has been one of the latest entries Read more…
The gas story is in no hurry to leave the news headlines, and prices for the energy sector are behaving accordingly. In Tuesday’s trading in Europe, prices returned to the psychologically crucial round level of Read more…
The Pigeon Forge, Tenn., theme park is being very secretive about a new attraction that it will reveal on Aug. 5. Theme parks often close old or unpopular rides and attractions and replace them with Read more…
The billionaire, who has never hidden his sympathies for Ukraine, is a competitor of Moscow in the conquest of space. Elon Musk will not go on vacation to Russia. The Tesla (TSLA) – Get Tesla Read more…