Keep You Up-to-date with the FX Markets
- IMF Economist Supports BoJ Rate Hikes as Positive for Japan: Weekly Market ReportIMF Chief Economist Endorses BoJ Rate Hikes The Jackson Hole annual economic symposium brought insightful commentary from IMF Chief Economist Pierre-Olivier Gourinchas, who emphasized that the Bank of Japan’s (BoJ) gradual rate hikes are a positive development for Japan. Gourinchas noted that inflation in Japan is now above the BoJ’s 2% target, and inflation expectations
- UK Economy: Recent Growth Trends and Future Outlook Amid Geopolitical ChallengesIntroduction: The UK economy has faced several challenges over the past decade, including a post-2008 productivity slump, Brexit, and the COVID-19 pandemic. Despite these obstacles, there are signs of improvement in 2024. The recent growth in the services sector and falling inflation have led to cautious optimism about the future. Inflation and Economic Growth: In
- Market Insights: Dollar Weakens Amid Fed Rate Cut Speculation & Oil Market Declines – August 21, 2024A flurry of economic updates and market movements has characterized today’s financial landscape. The recent revision of non-farm payrolls data, now reflecting a cut of 818,000 jobs, has added to the volatility in currency markets. This revision has sparked discussions about potential rate cuts by the Federal Reserve, as indicated by the latest FOMC Minutes.
- Trump Assassination Attempt Spurs Surge in Merchandise DemandIntroduction In the wake of the shocking assassination attempt on Donald Trump during a rally in Butler, Pennsylvania, the nation has been abuzz with reactions. However, one unexpected outcome has been the rapid emergence of Trump-related merchandise. This article explores the surge in demand for these items, the response from merchants, particularly those in Yiwu,
- HUBFX: Simplifying Global Payments for Ecommerce SuccessStreamlining Cross-Border Payments for Ecommerce Success 🌐 E-commerce is the next frontier of globalisation, with Chinese vendors playing a pivotal role in driving the global digital economy. In 2017 alone, China’s e-commerce exports surged by 41.3 percent to 33.65 billion yuan, marking a significant contribution to the global trade landscape. In 2021, China became the
- Understanding Commercial Invoices: A Comprehensive Guide by HUBFXAs businesses continue to expand their operations globally, understanding international trade documentation becomes increasingly important. One such document is the commercial invoice. In this blog post, we at HUBFX, a leading provider of international finance management services, will guide you through the essentials of a commercial invoice and its importance in global trade. What is
- Risk markets are mildly positive ahead of the latest US Jobs Report (NFPs) after the 2nd largest company in the world, Apple, announced a record-breaking USD110 billion buyback program.
- Fed Chair Jerome Powell gave financial markets a slight dovish nudge last night, seemingly ruling out any US interest rate hikes. Yesterday’s weak JOLTs data put the spotlight on Friday’s NFP report.
- Risk assets continue to push ahead, albeit in quiet trading conditions, ahead of the latest Fed policy decision and the monthly US Jobs Report
- The crude oil price is struggling for direction as the uncertainty for energy supply going forward weighs on sentiment. US Dollar gyrations are also dominating markets as the Fed decision looms.
- The gold price surged toward recent peaks today despite the US Dollar reasserting its ascendency and Treasury yields back on the march higher. Where to for XAU/USD?
- The Hang Seng index galloped to higher ground on Beijing’s measures to lift the economy and sentiment. Could this be a turning point for the world’s second-largest economy?
- The gold price stemmed the slide going into Tuesday after a volatile session overnight with the US Dollar undermined by investors tilting their view for bonds. Lower XAU/USD?
- The Japanese Yen is facing scrutiny to start the week with USD/JPY edging toward prior peaks on growing unease around potential BoJ intervention. If USD/JPY pops, will the bank be selling?
- The Japanese Yen appears poised for a move with the US Dollar regaining some ascendency today with Treasury yields leaping yet again. If USD/JPY breaks higher, will the BoJ intervene?
- The US Dollar clambered for ground after blistering retail sales figures boosted Treasury yields as the unfolding Middle East conflict lifts risks across the globe. Lower EUR/USD?
- The Japanese Yen has been drifting weaker despite uplifted JGB yields with the US Dollar seeing a whippy week so far. Geopolitical risks remain as crude oil slips. Where to for USD/JPY?
- The crude oil price reflects the uncertainty for energy supply going forward and the potential for supply disruptions. The US Dollar movements are also dominating markets. Where to for WTI?
- Crude oil gave up recent gains going into today’s session on API data and a US Dollar that might be at a crossroads with Fed Speakers and FOMC minutes less hawkish. Where to for WTI?
- The Australian Dollar might be at a crossroads after more Fed commentary reiterated the case for a less hawkish stance. Equity markets got a boost, but uncertainty lingers. Lower AUD/USD?
- The Euro is little changed today despite the US Dollar sliding after Federal Reserve speakers stoked a less hawkish path citing higher Treasury yields. Where to for EUR/USD?
- WTI crude oil ran higher today along with the US Dollar as markets contemplate the consequences of the hostilities toward Israel over the weekend. Will it drive WTI higher?
- Spot gold made headway today with China’s property sector revisiting its debt profile as markets contemplate central bank actions this week. Will XAU/USD break the range?
- Crude oil prices are scoping new highs as volatility dips while the US Dollar adjourns its ascendency ahead of CPI and the Euro considers its fate with the ECB rate decision ahead.
- The US Dollar retreat kicked off on Monday after hawkish comments from BoJ Governor Ueda sent USD/JPY tumbling before the broader DXY (USD) index took a hit. Lower USD?
- The Euro backed away from recent lows today with the US Dollar ascendency taking a breather. The ECB meet week and the market is uncertain about a hike. If they do, will EUR/USD rally?
- Recent moves have pitted sentiment against the prevailing trend, which tends to be a common flaw in approach. Cable and AUD/USD express this very observation
- Analyse current trader sentiment and discover who is going long and short, the percentage change over time, and whether market signals are bullish or bearish.
- What does recent positioning changes in AUD/USD and USD/JPY suggest about future price action? This article also analyses Aussie CPI and recent BoJ statements
- Analyse current trader sentiment and discover who is going long and short, the percentage change over time, and whether market signals are bullish or bearish.
- Analyse current trader sentiment and discover who is going long and short, the percentage change over time, and whether market signals are bullish or bearish.
- Concerns about over an imminent recession have receded, allowing riskier assets to recover, however, the oil market continues to price in concerns of lower global demand
