Two reports. Forty-eight hours. One question. Is the RBA done hiking, or is one final move still waiting in August? Australia’s inflation report on Wednesday and employment data on Thursday could provide the clearest answer yet. After three consecutive rate hikes earlier this year, the RBA hit pause in June at 4.35%. But that pause […]
Kelvin Wong Senior Market Analyst Based in Singapore, Kelvin Wong is a well-established senior global macro strategist with over 15 years of experience trading and providing market research on foreign exchange, stock markets, and commodities. Passionate about connecting the dots in the financial markets and sharing perspectives around trading and investment, Kelvin Wong is an
‘, buttonPrevHTML: ”, }; function adaptBreadcrumbs() { let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’); for(i = 0; i < breadcrumbs.length; i++) { let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’); let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’); if(btns && btns.children && btns.children.length) { if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) { title.style=”flex-grow:1;”; } else { title.style=”flex-grow:0;”; } } else { title.style=”flex-grow:1;”;
Algo execution in a conflict: how the FX market held up – FX Markets Skip to main content End of drawer navigation content FX algo execution proved its resilience once more at the height of the Iran war, argues Goldman exec At the start of February, I moved from our London to our Dubai office.
ICYMI: BOJ Deputy Governor Himino warned the Diet that delaying monetary tightening risks an inflation overshoot as energy costs pass through rapidly. Prime Minister Takaichi responded by calling for tight policy coordination, signaling a preference to stay pat. Summary: According to recent testimony in the Japanese Diet and responses from the prime minister’s office: BOJ
‘, buttonPrevHTML: ”, }; function adaptBreadcrumbs() { let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’); for(i = 0; i < breadcrumbs.length; i++) { let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’); let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’); if(btns && btns.children && btns.children.length) { if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) { title.style=”flex-grow:1;”; } else { title.style=”flex-grow:0;”; } } else { title.style=”flex-grow:1;”;
Bank of Japan Deputy Governor Himono is set to appear in the Japanese parliament from 0000 GMT (2000 US Eastern time). Meanwhile, fin min Katayama has trotted out the usual verbal intervention attempts to stem the yen drop: ready to respond as needed etc. This article was written by Eamonn Sheridan at investinglive.com. Source link
‘, buttonPrevHTML: ”, }; function adaptBreadcrumbs() { let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’); for(i = 0; i < breadcrumbs.length; i++) { let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’); let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’); if(btns && btns.children && btns.children.length) { if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) { title.style=”flex-grow:1;”; } else { title.style=”flex-grow:0;”; } } else { title.style=”flex-grow:1;”;
The People’s Bank of China will on Monday release loan prime rate figures, highlighting a light day for Asia-Pacific economic activity. In June, the rate was 3.50 percent, while the overall rate was 3.00 percent. Subscribe to continue reading the article. This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe
Signs of progress on keeping the Strait of Hormuz open will ease the supply-risk premium that has been priced into crude since the conflict began, with traders likely to read the diplomat’s comments as a reduction in tail risk for tanker flows. The shift toward technical-level talks in Switzerland suggests markets should expect incremental, slower-moving
US Vice President J.D. Vance is in Switzerland meeting with Iranian officials in meetings mediated by Qatar: Trump empowered us to find a diplomatic solution to a host of issues The question is whether we can change relations in the Middle East permanently Iran has been a driver of regional instability We have made great
Iran’s Khatam-al Anbiya HQ announced that the Strait of Hormuz will be closed to all maritime traffic. The military headquarters cites US breaches of the war-ending deal and ongoing Israeli ceasefire violations, along with the non-withdrawal in Lebanon. They warned this is only the “first step.” The Revolutionary Guard put out a similar statement yesterday.
A week that began with optimism over falling oil prices ended with markets fixated on the prospect of renewed Federal Reserve tightening. The peace dividend from the US-Iran agreement continued to push energy prices lower and helped support risk sentiment. But the bigger story was the Fed’s abrupt shift toward a more hawkish outlook, which
‘, buttonPrevHTML: ”, }; function adaptBreadcrumbs() { let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’); for(i = 0; i < breadcrumbs.length; i++) { let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’); let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’); if(btns && btns.children && btns.children.length) { if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) { title.style=”flex-grow:1;”; } else { title.style=”flex-grow:0;”; } } else { title.style=”flex-grow:1;”;
Markets: Gold down $49 to $4160 WTI crude oil up 94-cents to $77.54 US markets closed S&P 500 futures down 0.2% JPY leads, CAD lags The US was on holiday on Friday and that limited market moves to wrap up the week. There was news though as Israel and Hezbollah agreed to a ceasefire. The
‘, buttonPrevHTML: ”, }; function adaptBreadcrumbs() { let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’); for(i = 0; i < breadcrumbs.length; i++) { let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’); let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’); if(btns && btns.children && btns.children.length) { if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) { title.style=”flex-grow:1;”; } else { title.style=”flex-grow:0;”; } } else { title.style=”flex-grow:1;”;
USDCHF has strengthened sharply, rising 1.3% this week and more than 3.3% since the start of the month, supported by a stronger US dollar and weaker Swiss franc The Fed’s hawkish tone boosted the dollar, as markets increased expectations for a possible US rate hike after Kevin Warsh emphasized price stability and the fight against
