The week ahead and key events – Nomura

Analysts at Nomura offered their outlook for the week ahead. Key Quotes: "The week ahead for USA We expect a steady 0.2% m-o-m increase in January core CPI inflation and a solid increase in retail sales.  NY Fed Survey of Consumer Expectations (Monday): Inflation expectations at the one ...

RBA values unchanged, rate son hold for 2018 and 2019 – Nomura

Analysts at Westpac argue that, overall, the RBA’s core views are unchanged.  Key Quotes: "The Bank continues to expect a lift in growth and inflation over coming years and, with the improvement expected to be gradual.  However, there is a clear signal that it is prepared to b ...

AUD/JPY bounces off 84.00 Friday, looking to extend the run further

AUD/JPY down 2.4% in a week, hoping to tie off losses. Aussie Unemployment coming up this week. AUD/JPY has opened the new week just above the 85.00 major level after another week of accelerating declines that saw the pair bottom at 84.00 before rebounding on Friday. The Aussie is continuing t ...

Cryptos still down after a bad January, but losses restrained

Bitcoin treads water following bounce from lows. SEC, CFTC hearing gave cryptos some breathing room for now. Cryptocurrencies have middled lately, with Bitcoin trading close to the 8,300.00 handle for most of last week. Ethereum has mirrored Bitcoin, trading close to 900.00, while Rippl ...

EUR/USD: technically, the downside has legs to 1.2135 – BBH

Analysts at Brown Brothers Harriman explained that the euro's seven-week rally ended with a 1.8% decline.   Key Quotes: "The losses weakened the technical tone. Technical support in the $1.2220-$1.2230 area was frayed, though the downside momentum appeared to slow.   The balanc ...

AUD/USD: all eyes will be on Aussie wages this week

AUD/USD starts out with a bullish gap. Technicals are mixed. AUD/USD is starting out the week in Asia in a quiet session while there are no events and a lack of drivers ahead of a busier domestic schedule later in the week, starting with tomorrow's speech from RBA's Ellis, the ...

Dollar Up On Yen In Early Asia In Thin Trade With Japan Shut For Holiday

Investing.com - The dollar was quoted higher against the yen in early Asia on Monday in light trade with financial markets in Japan closed for a holiday an an otherwise light regional data day. USD/JPY changed hands up 0.06% to 108.86, while AUD/USD traded at 0.7816, up 0.01%. GBP/USD fell 0.09% t ...

New Zealand Electronic Card Retail Sales (YoY) climbed from previous 3.3% to 3.4% in January

New Zealand Electronic Card Retail Sales (MoM) increased to 1.4% in January from previous 0.5%

Can the dollar remain firm if the equity bloodletting is over? – BBH

Analysts at Brown Brothers Harriman explained that the key development in the capital markets last week was the dramatic equity market losses, noting also that the Dollar Index rose 1.4% last week Key Quotes: "Most major markets are off more than 10% from recent and ofte ...

NZD/USD: about to get on the defensive? – Nomura

Analysts at ANZ noted the environment around NZD/USD. Key Quotes: "The kiwi is behaving remarkably well and largely thumbing its nose at the volatility seen elsewhere. We don’t think that will be sustained and feel that equity market volatility will eventually result in a broade ...

Israel stocks lower at close of trade; TA 35 down 1.25%

Investing.com – Israel stocks were lower after the close on Sunday, as losses in the Oil&Gas, Biomed and Insurance sectors led shares lower. At the close in Tel Aviv, the TA 35 fell 1.25% to hit a new 1-month low. The best performers of the session on the TA 35 were Nice Ltd (TA:NICE), which ...

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.03%

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Petrochemicals, Hotels&Tourism and Agriculture&Food sectors led shares lower. At the close in Saudi Arabia, the Tadawul All Share declined 1.03% to hit a new 1-month low. The best performers of the ...

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