RBNZ’s 50bps Rate Cut and Gov. Orr’s Presser Spark Whiplash Moves in NZD
RBNZ surprised markets with a 50bps rate cut over cooling inflation and weak growth! Then, Gov. Orr sent the Kiwi tumbling before it clawed back some of its losses.
Read MoreRBNZ surprised markets with a 50bps rate cut over cooling inflation and weak growth! Then, Gov. Orr sent the Kiwi tumbling before it clawed back some of its losses.
Read MoreAustralia’s inflation stayed at 2.1% in October, which may not be enough to sway RBA members from thinking that inflation remains too tight.
Read MoreIt was truly a busy session as traders showed mixed reactions to Trump’s tariff threats, economic data releases, and very positive geopolitical developments.
Read MoreMarkets showed volatility on Monday, likely influenced by the announcement of Scott Bessent as the upcoming U.S. Treasury Secretary nominee, along with mixed economic data & geopolitical developments.
Read MoreThe Land Down Under has its October CPI report up for release soon, likely influencing RBA monetary policy expectations. Here are the points you need to know when trading this top-tier economic event.
Read MoreGet ready for a jam-packed week of central bank action and economic releases that could shake up the markets’ rate cut expectations!
Read MoreGeopolitical tensions between Russia and Ukraine were still front and center, driving safe-haven assets higher for yet another day. Here’s how the financial markets fared.
Read MoreFinancial markets showed mixed behavior as traders processed statements from Federal Reserve officials, while Bitcoin made headlines by reaching new all-time highs!
Read MoreThe U.K. Consumer Price Index (CPI) increased to 2.3% year-over-year in October, surpassing expectations of 2.2% and rising from 1.7% in September.
Read MoreWith few reports to price in, the markets focused on escalating Russia-Ukraine tensions. Luckily, improved risk sentiment later helped risk assets end the day in the green.
Read MoreCanada’s October inflation figures printed broadly higher, supporting smaller interest rate reductions from the BOC next month. How did the Loonie react?
Read MoreThe dollar slipped as shifting interest rate expectations weighed on the currency, while safe-haven flows into gold and oil picked up amid escalating Russia-Ukraine tensions.
Read MoreWe’ve got a fresh batch of leading economic indicators on this week’s docket! Apart from the global flash PMI readings, CPI reports from the U.K. and Canadian economy could also spur additional volatility among forex pairs.
Read MoreWith the Bank of Canada (BOC) still one of the more dovish central banks out there, can the upcoming Canadian CPI report boost their easing odds soon?
Read MoreFX traders seemed to shift their attention away from the U.S. elections aftermath and back to fundamental factors, as well as central bank policy expectations.
Read MoreFinancial market action were a mixed bag this week, as some asset classes like bitcoin were still riding the post-election high while others shifted back to economic and interest rate expectations.
Read MoreJPow shook the markets when he hinted that the Fed isn’t in any hurry to cut interest rates further. How did the major assets react to the possibility?
Read MoreAustralia’s October labor market data came in close to market estimates. So why did the Australian dollar lose pips across the board?
Read MoreMarket correlations seemed out of sync, as traders braced for the the U.S. CPI report and a series of FOMC member speeches that influenced Fed policy expectations and overall sentiment.
Read MoreMarkets showed mixed sentiment today as traders likely positioned themselves ahead of FOMC members’ speeches, while bitcoin continued its post-election rally to fresh highs.
Read MoreAbility is what you're capable of doing. Motivation determines what you do. Attitude determines how well you do it.Lou Holtz