Share: Polygon price has reached its highest since August, recording a 6% surge in a week. MATIC could extend 20% to test the supply zone at $0.645, uptrend confirmation above $0.6757. Invalidation of the bullish outlook will occur upon a 3-day … [Continue reading]
Colombia Consumer Price Index (YoY) below expectations (11%) in September: Actual (10.99%)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
US: All eyes will be on inflation data – RBC
Share: Nathan Janzen, Assistant Chief Economist at Royal Bank of Canada points out that next week the crucial report in the US will be on Thursday with the Consumer Price Index (CPI). They see a slowdown in inflation, the headline and the … [Continue reading]
It will likely take economic stagnation to get back to the low rates of 2020-2021 – Rabobank
Share: US treasury yields have risen substantially in recent weeks. The question is how far yields could rise in the coming years. Another is how far they could fall. Economists at Rabobank address these questions. Still upward potential in the … [Continue reading]
Natural Gas peaks to almost year-to-date high on renewed fears of Australian supply cut
Share: Natural Gas prices jump to $3.404. The US Dollar trades directionless ahead of the US jobs report. US Natural Gas prices could head higher on the possibility of a cold front coming in sooner than expected. Natural Gas … [Continue reading]
EUR/USD faces a challenge around 1.0550 ahead of US NFP data
Share: EUR/USD experiences downward pressure ahead of US data. ECB is expected to maintain its current interest rates; weighing on the Euro. Fed's assertion on monetary policy is contributing to the strength in US Bond yields. EUR/USD moves lower … [Continue reading]
Australian Dollar moves sideways ahead of US Nonfarm Payrolls data
Share: Australian Dollar experienced positive momentum due to the correction in the US Dollar. Australia's FSR report stated that Australian banks remain well-positioned despite elevated global and domestic risks. Investors await the US NFP … [Continue reading]
South Korea FX Reserves down to 414.12B in September from previous 418.3B
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
ECB’s Villeroy: I don’t think an additional rate hike is justified
Share: "We've had good inflation numbers and in parallel an increase in long-term rates. It can be considered to be excessive but it helps tighten financing conditions in the European economy," European Central Bank (ECB) policymaker Francois … [Continue reading]
Bitcoin ETF approval odds at 70%, says analyst ahead of January deadline
Share: Bitcoin ETF will get approved with a 70% likelihood in January, according to analyst Alex Krüger. Crypto traders are possibly preparing to employ a "Sell the News" strategy to front-run the market, Krüger says. A rise in correlation between … [Continue reading]