US elections uncertainty prompts bids in Treasuries, dollar selling Chinese foreign trade data for October, released on Monday, had dovish implications for the broad market as both imports and exports didn’t live up to growth expectations, declining ...

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US CPI report is the only hope for USD this week The long squeeze in the dollar that began last Friday has continued this week – investors dumped US currency since the opening of European stock exchanges on Monday, which could signal that safe-haven ...

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Deteriorating EU, China data spur bids on USD The dollar saw renewed buying pressure at the start of the week, DXY rose by more than 0.7% to 111.50 points. Market participants accumulate their dollar positions in anticipation of a strong NFP report ...

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EURUSD eyes test of 1.02, the ECB meeting may be of help Massive repricing of Fed rate path in 2023 saw dollar index falling to 110 points, EURUSD broke above parity while GBPUSD recovered above 1.15. The rally in the US market increased ...

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Ways of inflation are inscrutable The US inflation report came as a big surprise to many investors as despite solid signals for a drop below 8% (decline in new car sales, falling gasoline prices), headline inflation was quite persistent, inching ...

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Markets brace for bullish CPI but room for the risk rally is limited Dollar retreat eased pressure on oil prices as Brent price flirted with $95/bbl level on Monday. Despite the bounce and momentum that may drive prices higher, there are clear ...

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European countries untie the energy sector from gas European markets trade moderately in the red on Wednesday, taking over the bearish baton from the US market, whose capitalization shrank on Tuesday. Investors are actively dumping European assets, ...

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Fiscal packages in response to energy crisis untie the hands of ECB, Bank of England Chinese renminbi, being in a free fall, started to worry China central bank, which eventually responded quite decisively, reducing reserve ratio for banks from 8% ...

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EURUSD remains glued to parity on expectations of uber-hawkish ECB this week European asset markets started the week with a fresh round of downside as Gazprom said gas supplies via Nord Stream 1 pipeline would be suspended indefinitely. The ...

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There are few reasons to short greenback right now and here is why The Eurozone economic sentiment indicator decreased modestly from 98.9 to 97.6 points in August. Both industry and manufacturing saw deterioration in economic activity. At the same ...

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Hawkish ECB hints in Jackson Hole help EURUSD to regain ground above parity Eurozone money markets on Monday point to a sharp strengthening of expectations that the ECB will raise rates by 75 basis points in September, as the ECB officials signaled ...

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FOMC Minutes: strong dollar will help to weather tough period of high inflation The level of 107 in dollar index (DXY) remains a hard nut to crack as a bullish retest failed yesterday, the Fed Minutes did not work as a catalyst for a sweeping move, ...

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Three key factors of short-term support of the Dollar Foreign trade indices of major energy importers continue to hit new lows and markets are increasingly focused on how governments will respond to rising natural gas prices. At the same time, the ...

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EURUSD breaks bearish channel on the CPI report signaling about possible medium-term reversal Equity markets made another leap upwards amid a buildup of expectations of a slight dovish shift in the Fed policy. This was facilitated by release of the ...

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Better than expected China inflation hints US CPI report may deliver bullish surprise today US bonds remain under selling pressure ahead of release of the US inflation report today. This makes it more difficult for yields to rise further in the ...

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Decreasing US economic uncertainty pushes equity prices back into bull territory Incoming data on the US economy continues to surprise on the upside, triggering massive unwinding of recession bets and luring investors back into risk assets on ...

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Upbeat US ISM release suggests hopes of Fed dovish shift may fade quickly Provocative from Chinese point of view, Nancy Pelosi's visit to Taiwan and the promised tough response from the Chinese authorities met with a rather tepid market reaction ...

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Despite risk of slowing Fed tightening, Dollar correction may be over and here is why The planned visit of US House speaker Nancy Pelosi to Taiwan has the potential to exacerbate relations between the US and China, which in the foreign exchange ...

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Was market reaction to US GDP number too emotional? Looking under the hood, it may seem so Demand for risk increased markedly, greenback declined and US bond yields took out recent lows (2.8% for 10-year bonds, 2.9% for 2-year bonds), finding an ...

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Fed signals increasing policy flexibility, Euro takes dovish clues from persistent inflation US equities rose and the near end of the yield curve fell following the Fed meeting (2-year Notes 3.1% -> 2.99%), as the Fed rhetoric began to shift from ...

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