Key events for the week – Nomura

Analysts at Nomura offered their outlook for the week's key calendar events. Key Quotes: "United States | data preview The week ahead Our core PCE inflation forecast is a steady 0.2% m-o-m (0.218%) gain, corresponding to 1.5% y-o-y growth. New home sales (Monday) ...

AUD/USD staying afloat, but sellers gathering to begin the new week

Light Aussie calendar with mid-tier data ahead. AUD still tracking commodities, yields. AUD/USD awakens Monday trading just below 0.7850 following last week's retracement from 0.7804. The Aussie slid last week as US Treasury yields lifted amid inflation concerns, but found a bounce t ...

USD/JPY: thin liquidity opening bullish gap, where next?

USD/JPY: has gapped higher to 107.19 start of week. USD/JPY: still below trend support, bearish bias despite robust US equities. USD/JPY has gapped higher to 107.19, (a few pips higher than the previous late Asia session highs), in thin liquidity at the start if this week from the Frida ...

NZD/USD holding near 0.73 handle as bearish pressure mounts

NZD/USD holding just beneath 0.7300 to start the week. Trade Balance data due Monday, 21:45 GMT. NZD/USD heads into the new week trading on the low side near 0.7290. The Kiwi declined steadily last week, trading lower for five of the last six trading days as renewed Dollar buying has sent th ...

The latest on Antipodean Central Bank themes – Westpac

Analysts at Westpac noted last week's latest for the Antipodean Central Bank themes. Key Quotes: "While the RBA’s January meeting minutes were a little more positive on the consumer – after a modest rebound in retail sales through Q4 – the Board highlighted tha ...

GBP/USD: bulls need to break 1.4025, (soft Brexit and hawkish BoE bias)

GBP/USD: BoE outlook, soft Brexit bias sterling supportive. GBP/USD: 1.4005/25 a tough area of resistance.  GBP/USD is currently trading at 1.3989, starting the week on the front foot and lifted by weekend comments from a hawkish dep. BoE gov. Ramsden. Offers on the 1.4000 handle ar ...

Friday’s Fed speakers, maintaining status quo rhetoric – ANZ

Analysts at ANZ noted that Chairman Jerome Powell published the semi-annual Monetary Policy Report on Friday.  Key Quotes: "The new Fed chief did not deviate from the published view of “further gradual increases in the federal funds rate” given an economy “near or ...

Friday US market wrap: stocks and bonds in focus – Westpac

A very strong finish to the week for US equities and bonds was most notable Friday, with little net movement in major currencies.  Key Quotes: "The US Federal Reserve’s semi-annual monetary policy report revealed little new, reaffirming the key themes - gradualism on policy, ...

US stocks with strong momentum – Westpac

Analysts at Westpac explained that the S&P 500 turned in a consolidative holiday-shortened week, trading between 2701 and 2748.   Key Quotes: "The most important technical development may have been the fact that there was no follow-through selling after the reversal in th ...