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AUD traders – Reserve Bank of Australia Governor Bullock speaks Tuesday on Monetary Policy

October 23, 2023

RBA Governor Bullock spoke last week: RBA Gov Bullock says is a bit more worried about the inflation impact from supply shocks More from RBA …

Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.3109 – Reuters estimate

October 23, 2023

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting …

Cryptocurrency

Morgan Stanley says “crypto winter” may be in the past. Optimistic for an April 24 halving

October 22, 2023

This from last week ICYMI (like I did). Morgan Stanley’s Wealtyh management unit writes that insight into cyrpto pricing next moves can come from its …

Central Banks

Bank of America is wary of crowded USD long trade, but still see USD/JPY to 155

October 22, 2023

Bank of America is wary of a market positioned very long in US dollars and levels that may be at overshoot. Analysts at the bank, …

Central Banks

Future RBA interest rate hikes “finely balanced”, and here are 3 other risks to Australia

October 22, 2023

A note via Westpac’s new Chief Economist, Luci Ellis. Luci Ellis was previously the Assistant Governor (Economic) at the Reserve Bank of Australia, a position …

Central Banks

ICYMI – Fed’s FSR cites concerns on persistent inflation, and commercial real estate

October 22, 2023

The Federal Reserve released its October 2023 Financial Stability Report on Friday at 1600 US ET. I can’t say I endorse that timing. Main points …

Market Outlook

Markets Week Ahead: S&P 500, Gold, US Dollar; Powell, ECB, BoC, Australia CPI, Germany Ifo, UK jobs

October 22, 2023

Conflict in Middle East and US earnings season are likely to be key drivers of broader market sentiment in the coming week. Currency markets would …

Technical Analysis

Some of the technical levels in play that will shape the bias into the new trading week

October 22, 2023

EURUSD: GBPUSD: USJPY: USDCAD: AUDUSD: USDCHF: Gold: This article was written by Greg Michalowski at www.forexlive.com. Source

Forecasts

Nasdaq 100, S&P 500 Weekly Forecast: Alphabet, Microsoft and Amazon Earnings Eyed

October 22, 2023

Corporate earnings from tech mega-caps Alphabet, Microsoft, and Amazon could guide market sentiment and set the trading tone for the S&P 500 and Nasdaq 100 …

Forecasts

US Dollar Forecast: The Fed and US Yields Sustain USD Support

October 22, 2023

Prominent Fed members came out in support of holding rates, allowing the bond market premium to keep financial conditions tight. Added safe haven appeal prop …

Forecasts

Oil Weekly Forecast: Technicals Hint at Further Upside but Geopolitics Holds the Key

October 21, 2023

Oil prices look poised for further upside from a technical standpoint but tensions in the Middle East will remain the key driver of Oil prices …