April CPI Preview: The Clock Is Ticking for a September Cut
Summary
A string of uncomfortably-hot inflation readings in the first quarter leaves a narrow window for inflation to downshift before a late summer rate cut...
German Industrial Production Slide Brings Closer ECB’s Rate Cut
German industrial production continues to decline. The rate of contraction in March was slightly better than the average forecasts but maintained the downward trend.
The...
US Indices Heading Towards Highs
US indices have been gaining daily since the beginning of May. They have found strength amid relatively weak job reports and quite upbeat quarterly...
Sunset Market Commentary
Markets
In yet another dull trading day the weak SEK (cf. below) and JPY stand out. The yen is not impressed by Ueda ramping up...
Canadian Dollar Slips Despite Strong Ivey PMI
USD/CAD has edged higher on Wednesday and is up 0.25%, trading at 1.3760 at the time of writing.
Canada’s Ivey PMI climbed sharply in April...
EURJPY Flirts With 167.00 Again
EURJPY recoups previous losses
Rebounds off ascending trend line
Surpasses short-term SMAs
Oscillators gain momentum
EURJPY is flirting with the 167.00 round number after...
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