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May 13, 2021
Dollar Prepared for Nasdaq Volatility if Inflation Data Can Stir Interest of clients are net short. Long News 2021-05-12 03:00:00 John Kicklighter, Chief Strategist The US open this past session carried forward the aggressive risk aversion that ended the previous day, but the window on the Nasdaq’s large gap was closed Top event risk for Wednesday is billed to be the US CPI figure as the markets dig into inflation and rate concerns While US ind...
May 12, 2021
The metal is weighed down by higher US treasury yields and a slight rebound in the dollar
May 12, 2021
Retail inflation in April has eased to 4.29 per cent after rising to a four-month high in March. The factory output for March has grown 22.4 per cent.
May 12, 2021
US inflation was 4.2% in April, compared to forecasts of 3.6%. Used car sales registered their biggest monthly increase since records began in 1953.
March 12, 2021
Retail inflation rises to 5.03% in February; factory output contracts 1.6% in January Top Searches Retail inflation rises to 5.03% in February; factory output contracts 1.6% in January TIMESOFINDIA.COM / Updated: Mar 12, 2021, 22:01 IST FacebookTwitterLinkedinEMail The earlier high was in November 2020 at 6.93 per cent. The rate of price rise in the food basket jumped to 3.87 per cent in February, as against 1.89 per cent in the preceding month, as per the NSO data. Inflation in fuel and ligh...
February 17, 2021
Canadian Dollar Outlook: Inflation Data to Dictate USD/CAD, CAD/JPY 2021-02-17 07:30:00 Daniel Moss, Analyst Canadian Dollar, Crude Oil, Inflation, USD/CAD, CAD/JPY – Talking Points: Equity markets slid lower during APAC trade as investors mulled the impact of the recent climb in bond yields. Inflation figures for January may dictate the near-term trajectory of the Canadian Dollar. USD/CAD attempting to rebound from key sup...
February 15, 2021
At the time of writing the pair are currently trading at around £0.8724. Euro (EUR) Falls as Eurozone Industrial Production Dented The Euro struggled against the Pound today as industrial production fell across the Eurozone in December. Industrial production dropped 1.6% from November, however the dent in production didn’t slow growth too much. Chief Eurozone Economist at Pantheon Macroeconomics, Claus Vistesen, said: ‘The setback in December didn’t dent the Q4 performance much. The rebo...
February 10, 2021
US equity indices hovered near record highs as investors awaited President Joe Biden’s US$ 1.9 trillion Covid-relief package. Asia-Pacific stocks are poised for a mixed open as the US Dollar retrea...
February 10, 2021
US Dollar Forecast: USD/JPY Rebound at Risk with Inflation Data on Tap 2021-02-10 07:30:00 Daniel Moss, Analyst US Dollar, USD/JPY, Inflation, Fiscal Stimulus, US 10-Year Treasury Yields – Talking Points: Fiscal stimulus progress and a dovish Federal Reserve may cap the US Dollar’s upside against its higher-beta counterparts. However, rising Treasury yields could lead to further gains for the Greenback against the Japanese...
February 1, 2021
The Euro may regain lost ground against the US Dollar, as better-than-expected economic data suggests that the trading bloc’s economy weathered a second viral wave resiliently.