Judson

In focus today In Sweden, the most important event of the week is the inflation figures for August, which will be published at 8.00 CET. These are the preliminary flash estimates, meaning we do not get any details, but today's outcome will likely be decisive for market pricing ahead of the Riksbank'

PMI data shows broad-based expansion across sectors; all sub-indices were higher than in July. US inventory growth and input/output price pressures surged on a m/m basis. Global supply-chain pressures were offset by subdued oil prices and spare capacity, Standard Chartered's Research Analyst Ethan L

Sharp drop in Pound Sterling (GBP) may retest the 1.3340 low; a sustained decline below this level is unlikely. In the longer run, sharp drop appears excessive, but there is room for GBP to weaken further to 1.3305, potentially testing 1.3270, UOB Group's FX analysts Quek Ser Leang and Peter Chia no

AUD/USD rose on Monday, climbing another 0.2% and chalking in a fifth straight bullish session.The Aussie is getting bolstered by a broad-market weakening in the US Dollar.Markets bet big that Friday’s US NFP report will support a Fed rate cut. AUD/USD rose on Monday, testing around one-fifth of one

In Canada, the effects of Donald Trump's trade war were clearly evident in the second quarter, with the economy contracting by 1.6% quarter-on-quarter (annualised). This was well below the expectations of analysts surveyed by Bloomberg, despite the Bank of Canada having recently predicted a similar

Investors reconsider Friday’s surge.JJ did not make any new/hard promises at all.Overnight Trump sends Lisa Cook a ‘pink slip’.Bonds lower, yields up.Oil and Gold both up – think war/risk premium.Try the Ricotta/Pistachio/Hot Honey Bruschetta. Breaking news – Overnight Trump sent Fed Governor Lisa C

The Australian Dollar struggles as Trump threatens to impose a 200% tariff on Chinese goods.RBA Meeting Minutes suggested further rate cuts to be needed in the coming year.President Trump removed Fed Governor Cook from her position on the Fed's board of directors. The Australian Dollar (AUD) depreci

In this technical article we’re going to look at the Elliott Wave charts of EURUSD forex pair published in members area of the website. The pair has recently given us Double Three pull back and found buyers again precisely at the equal legs area as we expected. In the following text, we’ll explain t

Rapid rise in New Zealand Dollar (NZD) has scope to test 0.5885 before levelling off becomes likely. In the longer run, NZD appears to have entered a range-trading phase; for the time being, it is likely to trade between 0.5820 and 0.5920, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

In an interview with Bloomberg on Friday, Federal Reserve Bank (Fed) of Boston President Susan Collins said that the overall economic fundamentals in the United States are relatively solid, per Reuters. Key takeaways "We cannot wait for all of the uncertainty to be behind us." "Focused on how downsi

WTI price edges higher to around $63.40 in Friday’s early Asian session. US EIA crude oil inventories tumbled by 6.0 million barrels last week. Uncertainty of a ceasefire supports oil prices for now.Powell's Jackson Hole speech will take center stage later on Friday. West Texas Intermediate (WTI), t

There are new warning signs from the US construction market. Although the number of new housing starts rose by 5.2% in June after a 5.9% the previous month, the number of building permits has been falling for the last four months. The number of permits is a leading indicator of future construction.