All eyes on the Fed as they update guidance to fit their new mandate. While the ECB want to avoid a currency war.
Oil Price Approaches June Low Ahead of OPEC JMMC Meeting
The price of oil approaches the June low ($34.27) ahead of the OPEC’s September meeting as US crude inventories unexpectedly increase for the first time since July.
Australian Dollar May Fall on Jobs Data, Economic Plateauing, China Tension
The Australian Dollar may pull back as domestic economic activity and local inflation prospects plateau as geopolitical tension with China heats up.
September central bank overview
The central bank rundown
The central banks are listed below with their current state of play. The link for each central bank is included under the title of the bank and the next scheduled meeting is in the title too.
The central banks are listed below with their current state of play. The link for each central bank is included under the title of the bank and the next scheduled meeting is in the title too.
Japan – front runner for PM Suga says will maintain BOJ easing, the inflation target
Japan’s chief cabinet secretary Suga is the favourite to become the next Prime Minister.
Suga is perceived as a ’steady hand‘ candidate, he’s been chief cabinet secretary all through current PM Abe’s reign.
Suga is perceived as a ’steady hand‘ candidate, he’s been chief cabinet secretary all through current PM Abe’s reign.
ForexLive Americas FX news wrap: CPI runs hot, markets cool off
Forex news for North American trading on September 11, 2020:
Markets:
– S&P 500 up 2 points to 3340
– US 10-yaer yields down 1 bps to 0.67%
– Gold down $4 to $1941
The CPI report was largely driven by a jump in used car prices but the effect on markets was small. Counter-intuitively, Treasury yields declined on the
Markets:
– S&P 500 up 2 points to 3340
– US 10-yaer yields down 1 bps to 0.67%
– Gold down $4 to $1941
The CPI report was largely driven by a jump in used car prices but the effect on markets was small. Counter-intuitively, Treasury yields declined on the
S&P 500 squeaks out a gain to finish a volatile week
Closing changes for the main equity markets
European markets:
European markets:
AUD/JPY shows the week wasn’t all it was made out to be
AUD/JPY didn’t make a significant move and USD/MXN keeps breaking down
It was a whirlwind week but if you take a step back, there were really three themes: Tech stock weakness, a drop in sterling and oil softness.
It was a whirlwind week but if you take a step back, there were really three themes: Tech stock weakness, a drop in sterling and oil softness.
Tarifstreit: Verdi ruft zu weiteren Warnstreiks bei der Deutschen Post auf
Zuletzt streikten die Mitarbeiter der Deutschen Post am Donnerstag in Baden-Württemberg. Nun rief Verdi auch in Brandenburg dazu auf, die Arbeit niederzulegen.Laborkonzern: Cinven peilt offenbar Börsengang von Synlab für 2021 an
Seit Februar ist bekannt, dass sich Cinven auf die eine oder andere Art von Synlab trennen möchte. Nun ist der Börsengang im ersten Halbjahr 2021 geplant.