The PPI data comes from the Bank of Japan. Producer Price Index (YoY) (May) +3.2% expected 3.5%, prior 4.0% Producer Price Index (MoM) (May) -0.2% expected 0.2%, prior 0.2% Yesterday Bank of Japan Governor Ueda expressed worry about inflation (at the consumer level) falling short of his 2% taregt: This data is consumer level inflation, […]
AUD/USD trades near 0.6520 at the time of writing, with US-China relations increasing demand for commodity-linked currencies. Australia’s Westpac Consumer Confidence disappoints, but improving sentiment limits AUD losses. The US Consumer Price Index (CPI) on Wednesday is expected to drive the Fed narrative and US Dollar demand. The Australian Dollar (AUD) is consolidating against the
Commodities heavily influence both the New Zealand and Canadian dollars, as both nations are significant exporters. The NZD tends to react more to moves in agricultural products, particularly dairy, meat, and wood, given New Zealand’s strong reliance on these exports. The CAD remains closely tied to oil and natural gas price fluctuations, reflecting Canada’s abundant
The overtime negotiations puts into question Treas Sec. Bessents Congressional testimony scheduled for tomorrow This article was written by Greg Michalowski at www.forexlive.com. Source link
The fundamental choice facing UK investors Every UK investor faces a crucial decision: should you buy individual shares or invest in index funds that track market performance? This choice affects everything from your time commitment to your potential returns and risk exposure. Index investing involves buying funds that track market indices like the FTSE 100 or
Gold prices extend their gains, heading toward the $3,350 psychological level. The United States and China continue trade talks in London, but USD appreciation is limited. USD and Gold price action are expected to be influenced by US-China talks ahead of Wednesday’s US inflation data. Gold prices are trading firm against the US Dollar (USD)
Sterling is sold off notably today after dismal UK labor market data intensified expectations of a BoE rate cut in August. The most striking element was the -109k drop in payrolled employment—the largest non-pandemic decline since records began in 2014—coupled with a rise in the unemployment rate to its highest level since mid-2023. While wage
Trading at ~$36.72 per troy ounce, silver currently trades at levels last seen in early 2012. Up by over 9% in last week’s trading, global monetary policy expectations, a strong demand outlook, and continued safe-haven demand continue to benefit bullion pricing. /* Requesting advertisement by calling an endpoint assures that the advertisement is never cached
Bitcoin leads crypto market recovery The cryptocurrency market is seeing broad-based gains today, with Bitcoin trading around $109,300.00, up over 3.5% in the last 24 hours. This marks its highest level since late May and reflects a 7.5% gain from its monthly low. The rally represents a significant technical breakthrough for the world’s largest cryptocurrency by
2025.06.10 2025.06.10 Yen Ekes Out Gains After BoJ Rate Hike Speculation. Forecast as of 10.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The United States has a long-standing tradition of criticizing central banks. Meanwhile, Donald Trump has urged the Fed to lower the interest rate. Following this statement, the US Treasury is urging the Bank of Japan (BoJ) to tighten
Must avoid complacency over inflation outlook Must focus on keeping inflation expectations at 2% The commentary fits with their stance from the last meeting, that is to keep the flexibility open. But as things stand, there should be no rate cut to follow in July. This article was written by Justin Low at www.forexlive.com. Source
2025.06.10 2025.06.10 Short-Term Analysis for Oil, Gold, and EURUSD for 10.06.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Oil is rising within an
Japan’s machine tool orders increased for the eighth straight month in May, though at a slower pace amid weaker domestic demand, preliminary data from the Japan Machine Tool Builders Association, or JMTBA, showed on Tuesday. Machine tool orders climbed 3.4 percent year-on-year in May, after rising 7.7 percent in the previous month. Foreign orders grew
GBP/JPY loses ground to around 195.65 in Tuesday’s early European session. UK Unemployment Rate rose to 4.6% in three months to April; Claimant Count Change came in at 33.1K in May. Hawkish BoJ expectations support the Japanese Yen and act as a headwind for the cross. The GBP/JPY cross weakens to near 195.65 during the
Global markets remain in a state of cautious anticipation as high-level trade negotiations between the US and China continue for a second day in London. While there’s no definitive outcome yet, mild optimism lingers. Asian equities reflected that mood, with Japan’s Nikkei and Hong Kong’s Hang Seng Index both trading slightly higher. Yet the prevailing
