Remarks by RBA deputy governor, Guy Debelle
In case you missed it, are some points to note from the RBA meeting on Tuesday.
In case you missed it, are some points to note from the RBA meeting on Tuesday.
here
Schlagwort-Archiv: FX
Eurozone May preliminary CPI +2.0% vs +1.9% y/y expected
Latest data released by Eurostat – 1 June 2021
Core inflation meets estimates and is keeping just under 1%, so that might not raise too many eyebrows at the ECB just yet but watch for the trend in the months ahead.
Core inflation meets estimates and is keeping just under 1%, so that might not raise too many eyebrows at the ECB just yet but watch for the trend in the months ahead.
Germany May preliminary CPI +2.5% vs +2.3% y/y expected
Latest data released by Destatis – 31 May 2021
here
This likely owes to some base effects as well but the higher month-on-month readings also suggest that there are rising price pressures at play too.
here
This likely owes to some base effects as well but the higher month-on-month readings also suggest that there are rising price pressures at play too.
ForexLive European FX news wrap: Markets steady, PBOC curbs yuan strength
Forex news from the European trading session – 31 May 2021
Headlines:
Markets:
– AUD leads, CHF lags on the day
– European equities muted
– Gold flat at $1,903.65
Headlines:
Markets:
– AUD leads, CHF lags on the day
– European equities muted
– Gold flat at $1,903.65
Former China SAFE official says PBOC has more tools if speculations emerge in FX market
Remarks by former China SAFE official, Guan Tao
The comments are interesting as it could allude to the fact that perhaps the latest move by the PBOC isn’t quite a one-off and they would be happy to quell further yuan strength from hereon. But we’ll have to wait and see to be sure of that.
The comments are interesting as it could allude to the fact that perhaps the latest move by the PBOC isn’t quite a one-off and they would be happy to quell further yuan strength from hereon. But we’ll have to wait and see to be sure of that.
EU proposes member states to ease travel measures ahead of the summer
EU calls for looser restrictions on travel
The commission proposes that fully vaccinated person(s) holding vaccination certificates in-line with the EU digital certificate should be exempt from travel-related testing or 14-days quarantine after having received their second vaccine dose.
The commission proposes that fully vaccinated person(s) holding vaccination certificates in-line with the EU digital certificate should be exempt from travel-related testing or 14-days quarantine after having received their second vaccine dose.
EU says there will be temporary reduction in J&J vaccine but 70% vaccine goal undeterred
European Commission says J&J vaccine deliveries face a temporary reduction but expects deliveries to increase again soon
The bloc reaffirms that based on information coming from pharmaceutical companies, they expect enough vaccine deliveries to reach 70% goal of having its adult population vaccinated by the summer.
The bloc reaffirms that based on information coming from pharmaceutical companies, they expect enough vaccine deliveries to reach 70% goal of having its adult population vaccinated by the summer.
June seasonals: USD/CHF set up for softness
A look at seasonal trends in the forex market for June 2021
June will begin after a long weekend in the US as we turn the calendar Tuesday with an OPEC meeting that could set the table for crude and commodity currencies. In the bigger picture, economic data and central banks are growing drivers in the
June will begin after a long weekend in the US as we turn the calendar Tuesday with an OPEC meeting that could set the table for crude and commodity currencies. In the bigger picture, economic data and central banks are growing drivers in the
ForexLive Americas FX news wrap: Core PCE hits highest in nearly 30 years
Forex news for North American trade on May 28, 2021:
Markets:
– Gold up $8 to $1904
– WTI crude oil down 21-cents to $66.64
– US 10-year yields down 1.1 bps to 1.59%
Month end took the FX market for a bit of a ride again. There was heavy dollar buying right at the start of US trade with
Markets:
– Gold up $8 to $1904
– WTI crude oil down 21-cents to $66.64
– US 10-year yields down 1.1 bps to 1.59%
Month end took the FX market for a bit of a ride again. There was heavy dollar buying right at the start of US trade with
US stocks stumble into the long weekend, giving back most gains
Meme stocks had a big turnaround
Shares of AMC went for a wild ride today in the latest meme stock mania. The company closed Thursday at $26.75 then soared to $36.72 at the open before turning around to finish 1.5% lower at $26.12.
Shares of AMC went for a wild ride today in the latest meme stock mania. The company closed Thursday at $26.75 then soared to $36.72 at the open before turning around to finish 1.5% lower at $26.12.