RBA raises cash rate by 50 bps to 1.85%, as expected
Prior 1.35% Inflation is expected to peak later this year, then decline back towards 2-3% range Central forecast is for inflation…
USD/INR Forex Signal: More Downside Ahead of RBI Decision
Bearish View Sell the USD/INR and set a take-profit at 78.50. Add a stop-loss at 79.50. Timeline: 1-2 days. Bullish…
FOREX TODAY: MARKETS TURN CAUTIOUS AHEAD OF US PMI DATA
Here is what you need to know on Monday, August 1: Despite the hot US inflation data, the greenback struggled…
BoK Governor Rhee says it is desirable to raise rates by 25bp instead of 50bp
Bank of Korea Governor Rhee: says inflation will most likely exceed 6% for a few months says its desirable to…
USA: PKB ATLANTY FED ZA III KWARTAŁ WYNOSI 2,1%
Zgodnie z modelem GDPNow Banku Rezerwy Federalnej w Atlancie oczekuje się, że w trzecim kwartale gospodarka amerykańska będzie rosła w…
University of Michigan final settlement for July expected at 51.1
The University of Michigan consumer sentiment final is estimated at 51.1 vs. 50.0 from the preliminary release. Conditions came in…
The JPY is the strongest while the CAD is the weakest as the NA session begins
The JPY is the strongest and the CAD is the weakest as the last day of the month is upon…
Inflation in the eurozone in July again updated the record, amounting to 8.9%
Consumer prices in the euro area in July increased by 8.9% in annual terms after rising by 8.6% in June,…
Wall Street heads lower after US GDP shrinks
The New York Stock Exchange was clearly in the red after hesitating at the opening on Thursday, investors digesting the…
Evraz may halve CAPEX to $500 mln in case of export cuts due to sanctions
The Russian mining and metals company Evraz has assessed a possible reduction to zero exports outside the CIS in the…