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Asia Day Ahead: Risk mood remains cautious, USD/SGD at nine-month high

September 25, 2023

Major US indices attempted to bounce off their respective near-term support last Friday, but gains failed to sustain into the latter half of the session …

Central Banks

PBOC delivers a firmer-than-expected yuan fix

September 25, 2023

The PBOC continues to lean against USD/CNY strength. Earlier, there was an article in the China Securities Journal saying that China’s economic rebound will support …

Technical Analysis

USD/JPY hugs the top of the range with eyes on intervention

September 24, 2023

USD/JPY is up just 5 pips to start the new week at 148.41 but it’s in focus after the BOJ decision on Friday. Governor Kazuo …

Central Banks

ECB’s Villeroy: “Patience is more important than raising rates further”

September 24, 2023

Bank of France President Francois Villeroy de Galhau emphasized that he is in no rush to raise rates further after hiking to 4.00% last week. …

Central Banks

RBC: BOJ unlikely to shift policy any time soon; puzzling that analysts are bullish on JPY

September 24, 2023

RBC Capital Markets, reports an almost unanimous consensus against any change in policy parameters in the upcoming BoJ meeting early Friday. Surprisingly, despite muted expectations …

Central Banks

People’s Bank of China adviser – China has limited room for further monetary policy easing

September 24, 2023

Liu Shijin is a member of the People’s Bank of China’s (PBOC) monetary policy committee. He is also vice president of the Development Research Center …

Market Outlook

Markets Week Ahead: US Dollar, British Pound, Euro, Key Inflation Gauge, German CPI

September 24, 2023

The US Dollar experienced a mixed bag last week as the British Pound weakened and the New Zealand Dollar rose. Ahead, all eyes are on …

Forecasts

US Dollar Technical Weekly Outlook: EUR/USD, GBP/USD in Focus as Downtrends Continue

September 24, 2023

The US Dollar remains in a firmly bullish posture against its major counterparts. What are key levels to watch for in EUR/USD and GBP/USD in …

Forecasts

S&P 500, Dow Jones Forecast: Fed Rate Path Weighs on Equities

September 24, 2023

The Fed’s commitment to the ‘higher for longer’ narrative sent risk assets sharply lower as investors digest what this could mean for expensive US stocks …

Central Banks

Newsquawk Week Ahead: Highlights include US PCE, EZ Flash CPI & China Caixin PMI

September 23, 2023

Week Ahead 25-29th September Mon: German Ifo (Sep), US National Activity Index (Aug), German State CPIs (Sep) Tue: Swedish PPI (Aug), US Consumer Confidence (Sep), …

Forecasts

Gold (XAU/USD), Silver (XAG/USD) Forecast: Upside Potential but Technical Hurdles Lie Ahead

September 23, 2023

Gold and Silver managed to recover toward the end of the week despite broad-based US Dollar strength. Further upside looks likely, but a host of …