Mon: PBoC LPR Tue: NBH Policy Announcement; US Existing Home Sales (Jun), Richmond Fed (Jul), EZ Consumer Confidence Flash (Jul) Wed: BoC Policy Announcement & MPR; Japanese Flash PMIs (Jul),…
US 10 year yields The bond market is usually the first to figure things out but even it’s struggling with the political turmoil and economic uncertainty right now. Notably, long…
AI image Representatives Jared Huffman of California, Marc Veasey of Texas, Mark Pocan of Wisconsin and Jesus “Chuy” Garcia of Illinois issued a joint letter to Mr. Biden on Friday…
In the video and post yesterday, I spoke of the support target between 0.8818 and 0.8825 (see: “USDCHF breaks lower below technical levels, increasing the bearish bias. What next?“). In…
Atlanta Fed GDPNow rises to 2.7% Just a couple weeks ago, the Atlanta Fed GDP growth estimate was near 1.5%. In its most recent calculation just released, the expected growth…
New Zealand global daily trade price rises 0.4%. The average sell price comes in at $3,837/Tonne. The move higher comes after a sharp drop in the last report. The NZDUSD…
If you go by PredictIt, it looks like Peter Thiel might get his guy in the #2 position in the White House. Hurting Vance might be his previous comments about…
UPCOMING EVENTS: Monday: New Zealand Services PMI, PBoC MLF, China Industrial Production and Retail Sales, Eurozone Industrial Production, BoC Business Outlook Survey, Fed Chair Powell. Tuesday: Eurozone ZEW, Canada CPI,…
Mon: Republican Convention, Holiday: Japanese Marine Day, Eurogroup Meeting, Eurogroup Informal meeting ofEnergy Ministers; Chinese GDP (Q2), Industrial Output/Retail Sales (Jun), Swiss PPI (Jun), US NY FedManufacturing (Jul), EZ Industrial…
USD/JPY sellers hit the market yet-again, once again sending the pair down to 157.50 but failing to break the earlier low. This article was written by Adam Button at www.forexlive.com.
