Currency Point: It was a few weeks before Christmas and rate rises are here
- Currency Point, Featured Posts, Fundamental Analysis, Recent Posts
- December 12, 2022
Australian stocks were relatively unchanged today after the RBA released the financial stability report. In the report, the bank said that the world was facing an economic slowdown as the trade war continues. This could get worse as the US prepares to add tariffs of more than $7 billion on European goods. In Australia, while
READ MOREUS stocks rose yesterday as investors reacted to the news that the US was not considering delisting Chinese equities as previously reported. This news was viewed as being positive because of how damaging the delisting would be to the markets. There are more than 150 Chinese firms valued at more than $1.2 trillion that are
READ MOREOPENING CALL: The Australian share market is expected to open lower. The SPI200 futures contract expected to open up 5 points. The U.K. economy shrank slightly more sharply in the three months through June than previously estimated, as factory output slumped and businesses cut back on investment in the face of Brexit uncertainty.
READ MOREOver the past 5 weeks, all GBP movements have been based on Brexit developments. The rejection of snap elections, ‘hard’ Brexit risk and the null and void’ declaration of prorogation of Parliament have created a ‘strengthening’ scenario in the GBP as ‘perceived risks’ have diminished. However, Brexit is anything but a ‘diminishing’ risk, a hard
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract expected to open up 9 points. California Gov. Gavin Newsom signed legislation intended to classify some independent contractors as employees eligible for legal protections as companies including Uber and Lyft ramp up their resistance to the change.
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract expected to open up 9 points. California Gov. Gavin Newsom signed legislation intended to classify some independent contractors as employees eligible for legal protections as companies including Uber and Lyft ramp up their resistance to the change.
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract expected to open up 9 points. California Gov. Gavin Newsom signed legislation intended to classify some independent contractors as employees eligible for legal protections as companies including Uber and Lyft ramp up their resistance to the change.
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract expected to open up 9 points. California Gov. Gavin Newsom signed legislation intended to classify some independent contractors as employees eligible for legal protections as companies including Uber and Lyft ramp up their resistance to the change.
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract expected to open up 9 points. California Gov. Gavin Newsom signed legislation intended to classify some independent contractors as employees eligible for legal protections as companies including Uber and Lyft ramp up their resistance to the change.
READ MORE‘A hawkish cut’, ‘dovish upgrades’ and ‘potential non-movement’ – the oxymorons are strong in policy speak currently. Over the past week four G10 currency central banks have moved rates, three cut, one hiked.Which leads us to review the outlooks for certain currencies and assess our overall playbook.In the world of FX all reviews should start with
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract expected to open up 9 points. California Gov. Gavin Newsom signed legislation intended to classify some independent contractors as employees eligible for legal protections as companies including Uber and Lyft ramp up their resistance to the change.
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract expected to open up 9 points. California Gov. Gavin Newsom signed legislation intended to classify some independent contractors as employees eligible for legal protections as companies including Uber and Lyft ramp up their resistance to the change.
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