Daily Market News by Xtreamforex.com

Page 63 of 69 FirstFirst ... 13536162636465 ... LastLast
Results 621 to 630 of 688

Thread: Daily Market News by Xtreamforex.com

  1. #621
    Senior Member
    Join Date
    Oct 2015
    Location
    Ajeltake Island, MH96960 Majuro, Marshall Islands
    Posts
    694
    Thanked: 0

    Default Eurozone Consumer Price Index (CPI) YoY

    Daily Market News by Xtreamforex.com
    The ECB is expected to raise the interest rate on their next meeting on 7th Sep. The discussion is that if the rates will be increased by 50bps or 75bps ? ECB members have been preparing the markets for what could be a potential 75bps hike, despite the possibility of the Eurozone falling into a recession:

    ECBs Schnabel said that both the likelihood and cost of current high inflation becoming entrenched in expectations are uncomfortably high.

    ECBs Villeroy said that the ECB needs to get rates to neutral by the end of this year, which is somewhere between 1% and 2%.

    ECBs Rehn said a significant hike in interest rates is needed in September.
    ECBs Knot said frontloading should not be excluded and that he is leaning towards a 75bps hike.

    These comments came right before the Eurozone CPI Flash, which will be released on Wednesday. Expectations are for a slight uptick to 9% YoY in August vs a July reading on 8.9% YoY. Germany released it preliminary inflation data for July. The headline was Inflation rate of 8.8% YoY and expectation of 8.8% YoY and a July reading on 8.5% YoY.

    Read More : Daily & Weekly Analysis On Xtreamforex

  2. #622
    Senior Member
    Join Date
    Oct 2015
    Location
    Ajeltake Island, MH96960 Majuro, Marshall Islands
    Posts
    694
    Thanked: 0

    Default RBA to Raise the Cash Rate by 50 bps, AUD

    Reserve Bank meeting is on 6th September. It is expected that the cash rate will be raised by 50 basis points to 2.35%.

    The best approach will be to strengthen the statement we saw last month, not on a pre set path and following Chair Powell, at some point it will be appropriate to slow the pace of tightening while emphasizing that the cycle may have considerably further to run. Raising the cash rate by 50 bps will move the cash rate into the neutral zone.

    The 2.5% estimate from the RBA assumes a zero real rate and a nominal component equal to long term inflationary expectations which are judged to be 2.5%. The challenge contain inflationary expectations in this cycle will be formidable given the current evidence that both businesses and households are becoming accustomed to rising prices and short-term inflationary expectations are rising quickly.

    Holding the cash rate at 3.35% through 2023, the neutral setting of 2.0% is a necessary condition for the Bank to bring inflation down close to the 3% target-the top of 2-3% range. But there will be a price to pay for such success-the economy to grow by only 1% in 2023-well below the trend rate of growth of around 2.5%.

    Read More : Daily & Weekly Analysis On Xtreamforex

  3. #623
    Senior Member
    Join Date
    Oct 2015
    Location
    Ajeltake Island, MH96960 Majuro, Marshall Islands
    Posts
    694
    Thanked: 0

    Default Whats next for AUD/USD

    RBA board meeting will take place next week and an increase in Cash rate is expected, How much ? Its a question. RBA discussion in June brought a hawkish element to the RBAs monetary policy, noting that the current level of the cash rate is well below the estimated neutral rate, thought to be at least 2.5%. The neutral real interest rate is the real interest rate that is neither stimulatory nor contractionary.

    Based on the RBAs forecasts for inflation to rise to around 7 percent and for the unemployment rate to decline further in the months ahead, the RBA needs to continue tightening interest rates past the neutral rate to fulfil its pledge that the Board is committed to doing what is necessary to ensure that inflation in Australia returns to target over time.

    Read More : Daily & Weekly Analysis On Xtreamforex

  4. #624
    Senior Member
    Join Date
    Feb 2022
    Posts
    903
    Thanked: 0

    Default

    co Mình rất th*ch sản phẩm n*y nhỏ nhắn dễ đem theo rất tiện dụng v* dễ dùng
    LH 4084684620

  5. #625
    Senior Member
    Join Date
    Feb 2022
    Posts
    157
    Thanked: 0

    Default

    org Đúng thứ mình cần
    ĐT 0732068721

  6. #626
    Senior Member
    Join Date
    Oct 2015
    Location
    Ajeltake Island, MH96960 Majuro, Marshall Islands
    Posts
    694
    Thanked: 0

    Default Inflation rate of 8.8% expected in August 2022

    The statistics released from 30th August turned out to be quite close to market expectations. The harmonized consumer price index in Germany, was 8.8% with the forecast of 8.8%. The consumer price index in the Eurozone amounted to 9.1% instead of expected 9.0%.The index of business activity in the US manufacturing sector did not change at all over the month and amounted to 52.8, and the number of new jobs created outside the American agriculture sector did not go far from the expected either, 315k against 300k. As a result EUR/USD was moving along the equality line of 1.0000 whole week, fluctuating in the range of 0.9910-1.0078, and completed the five day period at the level of 0.9955.

    The key day will be 8th September when the ECB will decide on the deposit rate and make a statement and comments on its monetary policy. Inflation in the Eurozone rose even more in August: from 8.9% to 9.1%. Many experts believe that the European regulator will raise the rate by 75 basis points at once.

    Read More : Daily & Weekly Analysis On Xtreamforex

  7. #627
    Senior Member
    Join Date
    Feb 2022
    Posts
    903
    Thanked: 0

    Default

    me Thanks. B*i viết của bạn rất hay UP TOP cho bạn

  8. #628
    Senior Member
    Join Date
    Oct 2015
    Location
    Ajeltake Island, MH96960 Majuro, Marshall Islands
    Posts
    694
    Thanked: 0

    Default Liz Truss Defeats Rishi Sunak To Become New UK PM

    Liz Truss will become the new UK prime minister on Tuesday after defeating Rishi Sunak in the Tory leadership contest today. The result was closer thank many people had expected, with Truss taking 57% of votes cast. The markets hardly reacted to the news, not least because the outcome was expected.

    While we now know who the new PM will be, the economy will still face significant challenges with several quarters of negative growth upon us amid the energy crisis and soaring inflation. Will the market put its trust on Truss to deliver the goods the economy badly needs ?

    Truss pledged to deliver a bold plan to tackle soaring energy costs and is understood to be considering a freeze on energy bills. But this will by no means be a walk in the park for Truss. She will have to keep a tight fiscal line while trying to tackle the energy and cost-of-living crisis. Trusss supposed 100bn pound scheme to limit energy price rises might provide some relief in the short-term, but someone will have to pay for it. Unfortunately, it will be the taxpayers.

    Read More : Daily & Weekly Analysis On Xtreamforex

  9. #629
    Senior Member
    Join Date
    Oct 2015
    Location
    Ajeltake Island, MH96960 Majuro, Marshall Islands
    Posts
    694
    Thanked: 0

    Default Australias economy grew strongly earlier this year

    The national accounts released today showed the Australian economy in the second quarter expanded by a solid 0.9% and 3.6% YoY. Its the third consecutive quarter of economic expansion for the Australian economy.

    First quarter of re-opened domestic and international borders was behind a substantial rise in consumer spending and net export growth, offsetting weakness in housing and inventories. Exports of goods and services contributed 1.1% points to GDP growth. The rises were broad-based across rural and mining goods and services exports. Exports of services rose 13.7%, reflecting education-related travel as international students returned to Australia.

    Todays figures coincided with the start of RBAs rate hiking cycle in May and come just one day after the RBA raised rates by 50bps to 2.35%, leaving Q3 as the one that should reveal the impact of the RBAs 225bps of rate hikes to date.

    Read More : Daily & Weekly Analysis On Xtreamforex

  10. #630
    Senior Member
    Join Date
    Oct 2015
    Location
    Ajeltake Island, MH96960 Majuro, Marshall Islands
    Posts
    694
    Thanked: 0

    Default USD/CNH US Dollar Chinese Yuan Offshore News

    in ro ham eslah kon:
    Another news from China which is not good. It is nations trade disappointing figures expectation. The yuan fell further, USD/CNH to almost 7.0000. The poor imports figure in particular raised concerns about how weak the Chinese economy has become as it faces troubles. These include the ongoing COVID-related lockdowns and a property sector which has collapsed under the weight of debt. When China sneezes, the world usually catches a cold- and thats precisely how the markets have reacted so far.

    Chinas exports and imports figures were well short of expectations, pointing to weakening domestic and foreign demand. Imports were up just 0.3% on the year in August, a sharp fall from the +2.3% annul reading recorded the month before. Exports were +7.1% y/y again sharply lower compared to 18.0% recorded in July.

    USD/CHN has been rising steadily as monetary policy divergence between the US and China continues to grow. Whereas the Fed is tightening its belt with aggressive rate increases, the PBOC was recently been forced to cut interest rates as data showed the economy was losing steam due to renewed Covid lockdowns and a deepening property downturn. But with the yuan weakening so significantly, the PBOC has tried to stem its decline by using other tools including stronger fixings for the yuan and this week it trimmed forex reserve ratio to 6% from 8% in a bid to support its currency.

    Read More : Daily & Weekly Analysis On Xtreamforex

Similar Threads

  1. Daily Forex News By XtreamForex
    By xtreamforex26 in forum Daily Market Analysis
    Replies: 0
    Last Post: 01-15-2019, 10:49 AM
  2. Daily Forex News By XtreamForex.com
    By xtreamforex26 in forum Daily Market Analysis
    Replies: 0
    Last Post: 01-14-2019, 11:59 AM
  3. FxNet Daily Market News
    By FxNet in forum Daily Market Analysis
    Replies: 10
    Last Post: 04-19-2016, 11:41 AM
  4. Daily Market News By FXNET.com
    By FxNet in forum Daily Market Analysis
    Replies: 61
    Last Post: 03-24-2016, 02:11 PM
  5. Daily Market News
    By hoangtri in forum Daily Market News
    Replies: 4
    Last Post: 01-04-2016, 03:37 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Join us