The Renminbi, abbreviated as RMB, is the official currency of the People’s Republic of China. As one of the world’s major currencies, understanding the RMB rate is crucial for individuals,…
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The Renminbi, abbreviated as RMB, is the official currency of the People’s Republic of China. As one of the world’s major currencies, understanding the RMB rate is crucial for individuals,…
The foreign exchange market, often referred to as the forex market, is a dynamic and highly liquid arena where traders worldwide engage in currency trading. Among the multitude of currency…
The Federal Reserve Board, often referred to simply as the Fed, is one of the most influential financial institutions in the United States. Established in 1913, its primary mission is…
The Federal Reserve, often referred to as the Fed, plays a crucial role in shaping the economic landscape of the United States. One of the most powerful tools in its…
The federal funds rate is an important part of U.S. monetary policy and has a profound impact on the national economy and financial markets. This rate determines the cost of…
The European Central Bank (ECB) is facing a critical decision in today’s global economic landscape – whether to hike interest rates or not. While there are valid arguments in favor…
In the world of global finance, few events capture as much attention and speculation as a central bank’s decision to increase interest rates. Such a move, often seen as a…
The European Central Bank (ECB) plays a pivotal role in shaping the economic landscape of the Eurozone. One of the most eagerly anticipated events in the financial world is the…
Will retail sales allow the dollar to extend its recovery? The dollar traded on the back foot for the better half of this week due to dovish remarks by Fed…
A hotter US CPI initially pushed short rates higher, but the long end later followed with a sell-off in 30Y bonds last seen in March 2020 amid the Covid market…
Markets The S&P 500 is trading off yesterday’s highs as back-to-back warmer inflation readings rekindled rate hike fears. After stocks initially shrugged at the CPI data, yields started ticking up,…
Sterling, Euro slump, USD/JPY soars; Equities tumble Summary: US Consumer Prices advanced in August to an annual 3.7%, stronger than economists expected at 3.6% and matching July’s 3.7%. On a…
Lower US CPI release yesterday aided a rise in the US Dollar. Dollar Index and Euro may now trade within 105.50-107 and 1.0650-1.05 in the near term. Aussie and Pound…
European markets underwent another lacklustre session yesterday drifting into the red after US CPI followed the PPI numbers earlier in the week, coming in a little bit hotter than expected,…
Overview: Inflation drivers continue to paint a mixed picture, but inflation is likely to head lower through 2023 in the US and euro area. Price pressures from food and freight…
Market movers today The main release on the global radar today is US consumer confidence from University of Michigan, which also includes the 5-10 year inflation expectations that have dropped…
US inflation data wasn’t very soothing for investors at yesterday’s release. The headline inflation remained steady at 3.7%, while initial jobless claims came in soft, after last Friday’s shocker NFP…
Chinese inflation rose by 0.2% M/M in September, with the Y/Y-outcome flat compared to market expectations of a 0.2% Y/Y increase. Details showed consumer goods falling by 0.9% Y/Y while…
All eyes are on the US CPI data today and how it fits in with the Fed’s recent change of tone regarding the need for further hikes and the change…
The USD/JPY currency pair, also known as the “dollar-yen” pair, is one of the most closely watched and traded pairs in the foreign exchange market. Traders, investors, and economists often…
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