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Nasdaq Outlook: All Time Highs Proceed

Nasdaq Outlook: The latest monetary policies reversed the euphoric market trends, but not for Nasdaq

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June 13, 2024 02:12 PM
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EUR/USD analysis: Attention turns to key US inflation data

The EUR/USD analysis is currently looking positive, and the bulls would love to see weaker US inflation data this week to inspire a potential breakout above the key 1.08 resistance level.

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May 14, 2024 12:30 PM
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GBP/USD, gold in focus for US PPI, retail sales: European Open

GBP/USD has formed a bearish reversal pattern beneath a failed breakout level, and gold looks set to retrace lower ahead of US PPI data.

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March 14, 2024 05:24 AM

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Australian dollar analysis: AUD/USD drops sharply as US data slows

Risk-appetite-sensitive assets, including commodity currencies like the Canadian and Australian dollars, are seeing strong selling pressure amidst slowing US data

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US data dump points to hawkish sentiment from Fed

Costs associated with producers will make their way to the end of the supply chain over the next few months and eventually be reflected in the CPI.

February 16, 2023 04:51 PM
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European Open: GBP/USD grinds higher, but bears eye break of 1.20

Whilst GBP/USD has dragged itself from its post-CPI lows, key resistance looms and momentum could favour further downside.

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February 16, 2023 05:11 AM
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Softer US data sends US Dollar lower

If the data continues to come out weak for the US, it could mean a move dovish Fed than expected.

January 18, 2023 04:18 PM
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November US PPI comes in hot. Will it matter to the Fed?

Although it had an immediate impact on the markets once it was released, the PPI print alone shouldn’t have too much influence on the FOMC decision.

December 9, 2022 04:21 PM
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Technical Tuesday: EUR/USD, GOLD and Russell

In this week’s edition, we discuss the dollar, EUR/USD, gold and the Russell index.

Downward trend

US October PPI follows the CPI lower

Both the CPI and PPI are pointing towards a slowdown in the pace of interest rate hikes for the Fed, to 50bps from 75bps.

November 15, 2022 04:03 PM
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Headline PPI higher than expected; Readies markets for CPI tomorrow

10-year yields and USD/JPY appear to be continuing with their moves higher as markets wait for the CPI print.

October 12, 2022 03:15 PM
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Headline PPI higher than expected; Readies markets for CPI tomorrow

10-year yields and USD/JPY appear to be continuing with their moves higher as markets wait for the CPI print.

October 12, 2022 03:15 PM
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US headline PPI as expected; Core PPI higher

The reaction to today’s PPI print was relatively muted compared to that of yesterday’s CPI print.

September 14, 2022 03:47 PM
Gold trading

Gold dips despite softening signs of inflation

Perhaps a bit of basing and consolidation is needed for the metal to gear up for a clean breakout above $1800.

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August 11, 2022 05:17 PM
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USD/JPY heading to 130?

With the odds of 75 basis point hike having dropped, the Fed is careful not to push too hard against that...

Yen, Euros and dollar currency bills and notes

PPI follows CPI with stronger than expected 11.3% headline print

As the DXY continues to make new daily highs, it appears that inflation is still at the forefront of traders’ minds, with worries of a global slowdown right behind it!

July 14, 2022 05:13 PM

US PPI not much help in trying to decide between 50bps and 75bps from the Fed

Until the FOMC decision on Wednesday, USD/JPY seems like it may be in waiting mode.

June 14, 2022 04:07 PM

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US PPI follows suit after CPI print

Although PPI was lower than March's reading, it did little to soothe investor fears of rising interest rates.

May 12, 2022 04:45 PM
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PPI hits a record high above 11%, sellers eyeing GBP/USD’s 100-pip bounce

Today’s PPI report suggests that inflation at a consumer level is likely to get worse before it gets better...

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April 13, 2022 05:43 PM
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US PPI: The last look at inflation for the Fed before the FOMC meeting

Although the print is very high, a single economic data point is unlikely to sway the Fed’s decision.

March 15, 2022 03:25 PM
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US headline PPI blows away estimates

Headline US PPI for January was 9.7% YoY vs 9.1% YoY expected.

February 15, 2022 03:24 PM
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PPI stronger than expected with revision. DXY, EUR/USD

December CPI and PPI both came in hotter than expected, yet the US Dollar moved lower after the releases.

January 13, 2022 04:27 PM
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Have China’s producer prices peaked?

China’s producer prices softened from a 26-year high, begging the question as to whether a key inflationary input has peaked.