RBA’s Debelle: The Outlook For The Australian Economy speech’s headlines

 RBA's Debelle has been hitting the wires with a speech on the outlook for the Australian economy. Key Quotes: If the Australian economy continues to evolve as expected, higher rates likely at some point Board view is holding cash rate steady would help reduce unemployment ...

AUD/JPY still swamped at the 82.50 level

The Aussie sees the RBA's Meeting Minutes on-deck for early Tuesday. A dovish RBA has hobbled the AUD recently, and the trend is likely to continue. The AUD/JPY is trading above 82.57 heading into the Tokyo market session after the pair lifted through the majority of Monday's trading ...

Fed’s Clarida: intends to take a balanced approach to Fed goals

Fed Vice Chair hopeful Richard Clarida is expected to deliver a prepared testimony regarding his possible confirmation before the US Senate on Tuesday. Key quotes "If I am confirmed by the Senate, I will support monetary policies that take a balanced approach to achieving these importan ...

Higher US and global yields developing – AmpGFX

Greg Gibbs, Founder, Analyst, & PM, Amplifying Global FX Capital Pty Ltd explained that they see higher US and global yields developing.   Key Quotes:  "Global equity market confidence may be returning, supported by conciliatory moves on US trade relationships with China ...

Market wrap: euro rolled over in NY trade – Westpac

Analysts at Westpac explained that major currencies generally saw little net change in London and NY trade, though kiwi weakness was persistent.  Key Quotes: "EUR/USD initially rose from 1.1960 to 1.1996, helped by ECB Villeroy who said that bond purchases were likely to end in either Se ...

Peru stocks lower at close of trade; S&P Lima General down 0.75%

Investing.com – Peru stocks were lower after the close on Monday, as losses in the S&P Lima Juniors, Food&Beverages and Electricity sectors led shares lower. At the close in Lima, the S&P Lima General fell 0.75%. The best performers of the session on the S&P Lima General were Aceros ...

NZD/USD: swooping in below the 0.6920, heavy below 200-M SMA

NZD/USD headed for a break of 0.79 the figure where demand is sighted below. NZD/USD heavy while below the 200-M SMA located at 0.6980. NZD/USD is swooping in below the 0.6920 level as early Asia gets going and the dollar extends its dominance across the higher betas as yield differential ...

South Korea Import Price Growth (YoY) increased to 4% in April from previous 3.1%

South Korea Export Price Growth (YoY): -2% (April) vs previous -0.9%

Bitcoin Nears $9,000 as Consensus 2018 Gets Underway

Investing.com – Bitcoin rose on Monday as focus shifted to the annual blockchain conference, Consensus, to gauge sentiment on cryptocurrencies from some of most well-known crypto participants in the industry. Bitcoin rose 1.53% to $8,833.4 on the Bitfinex exchange after hitting a session lo ...

Wall Street: Dow up for 8th day in a row amid easing US-China worries

US stocks are up as trade talks between the US and China are expected to deliver a rather positive outcome on Tuesday. The recent move by Trump, to put ZTE back into business in the US is seen as a positive precursor for further constructive talks between the two countries.  The S& ...