Daily Market News by Xtreamforex.com

Page 68 of 74 FirstFirst ... 18586667686970 ... LastLast
Results 671 to 680 of 731

Thread: Daily Market News by Xtreamforex.com

  1. #671
    Senior Member
    Join Date
    Oct 2015
    Location
    Ajeltake Island, MH96960 Majuro, Marshall Islands
    Posts
    726
    Thanked: 0

    Default Australian Business and Consumer Sentiment

    Daily Market News by Xtreamforex.com
    Business reported another strong month of sales and profitability, although a dip in new orders and rising costs weighed on sentiment. Whilst consumer-driven demand remains high, National Australian Banks chief economist noted that forms appear wary that the current pace of consumption will continue.

    PMI surveys for Australia continue to trend lower with the S&P global composite below 50, with services PMI dragging the composite lower. Manufacturing, services and construction PMI are all below 50 according to another PMI survey by AIG. Put together it makes to wonder if growth for 2023 will have to be revised lower, as consumer spending appears to be propping up the show.

    Read More : Daily & Weekly Analysis On Xtreamforex

  2. #672
    Senior Member
    Join Date
    Oct 2015
    Location
    Ajeltake Island, MH96960 Majuro, Marshall Islands
    Posts
    726
    Thanked: 0

    Default US CPI Preview CPI to remain elevated

    The September headline inflation was 8.2% YoY, higher than expectations of 8.1% YoY, however lower than the August reading of 8.3% YoY. The Core CPI reading was higher than expected at 6.6% YoY vs expectations of 6.5% YoY and an August reading of 6.3% YoY. This was the highest reading since 1982.

    The Fed has a dual mandate of price stability and maximum sustainable employment. With the labor market remaining strong, the Fed is focused on price stability, and has maintained that lowering inflation is its number one priority. During the press conference that followed the FOMC statement on 2nd November, Fed Chairman Powell noted that incoming data suggests that the ultimate level of rates will be higher than previously anticipated. In addition, he said that how high to rise rates is more important that the pace of tightening. These statements imply that the Fed believes inflation will remain higher for longer. But has the four consecutive 75bps rate hikes finally fed through to the real economy ? If yes, inflation may be lower than expected, which should lift stock prices and lower the value of the US Dollar.

    EUR/USD has been moving higher since the US Non-Farm payroll data on November 4th. The first resistance is at the highs from October 26th at 1.0094.

    Read More : Daily & Weekly Analysis On Xtreamforex

  3. #673
    Senior Member
    Join Date
    Oct 2015
    Location
    Ajeltake Island, MH96960 Majuro, Marshall Islands
    Posts
    726
    Thanked: 0

    Default How to Profit From US Inflation: Investment Options

    US inflation is expected to soften slightly as markets have positioned themselves for it to do so. But that also presents opportunities for traders. The inflation prints as a proxy for Fed policy. Another hot report decreases the odds of a slower pace of Fed tightening, likely boosting the dollar whilst weighing on Wall Street, commodities and all other currencies. Whilst a softer inflation report keeps hopes alive that the big hikes are behind us and send dollar lower.

    The US dollar index has held above a key support zone around 109.96, which comprises of the October 2002 high, October 2022 low and bullish trend line. A bar bullish reversal has also formed to suggest a swing low is in place, and with it comes the potential to head back to the monthly pivot point just beneath 112. At this stage it is equally open for it to top out, roll over and break trend support as it is breaking back above 112. But for now, the near term bias remains bullish whilst prices hold above this weeks low.

    Read More : Daily & Weekly Analysis On Xtreamforex

  4. #674
    Senior Member
    Join Date
    Oct 2015
    Location
    Ajeltake Island, MH96960 Majuro, Marshall Islands
    Posts
    726
    Thanked: 0

    Default US Consumer Sentiment and Elections

    Officially which party has won control of the Congress is still not known. The trends and projections, the results are pretty much in line with what was expected. Republicans take control of the House, but by a smaller margin than expected. And control of the Senate is still unknown, and will likely come down to a run-off election in Georgia.

    The initial reaction from the markets wasnt favorable, likely because of the associated uncertainty. Investors dont like knowing whats coming, and with control of the Senate down to a single race that had less than a percentage point of margin, doesnt inspire confidence. Additionally, Republican control by a small margin means that maintaining consistency will be harder. It only would take convincing a small number of Representatives to change legislative outcomes.

    Read More : Daily & Weekly Analysis On Xtreamforex

  5. #675
    Senior Member
    Join Date
    Feb 2022
    Posts
    904
    Thanked: 0

    Default

    rtp jiwa188 up phụ bác chủ dùng khá l* ok mua mấy cái rồi mai chuyển em cái nữa nhé
    Tư vấn 4234109398

  6. #676
    Senior Member
    Join Date
    Oct 2015
    Location
    Ajeltake Island, MH96960 Majuro, Marshall Islands
    Posts
    726
    Thanked: 0

    Default United Kingdom Inflation Rate

    The UK GDP revealed that the economy shrank by only 0.2% in 3rd Quarter, which means that a contraction of more than 0.55% may be needed in the last three months of the year for the BoEs forecast of a 0.75% contraction during H2 2022 to materialize. Yet, investors dragged their rate-path projections lower. The probability for a 50bps hike at the December gathering renamed near 80%, but the implied terminal rate was lowered to 4.47% from 4.6%.

    The jobs report is forecast to show that the unemployment rate held steady at 3.5% in September and that the average weekly earnings excluding bonuses have accelerated. With an inflation rate at 10.1% during that month, real wages likely stayed well into the negative territory and disposable incomes at record lows.

    Read More : Daily & Weekly Analysis On Xtreamforex

  7. #677
    Senior Member
    Join Date
    Oct 2015
    Location
    Ajeltake Island, MH96960 Majuro, Marshall Islands
    Posts
    726
    Thanked: 0

    Default AUD/USD Australian Dollar US Dollar

    The Australian dollar is in negative territory, after posting huge gains last week. In the European session, AUD/USD was trading at 0.6690, down 0.22%. US Dollar took a nasty spill last week, and the Australian dollar made the most of it, gaining 3.6%. The US dollar was slammed after a soft inflation report, with headline and core inflation slowing in October and beating the forecasts. This lit up risk appetite and sent the Australian dollar to its highest level since September 22nd.

    The soft inflation report had such a strong effect on the greenback because it has raised expectations that the Fed will ease up on its rate tightening. After four consecutive hikes of 0.75%, the markets have now priced in a 0.50% increase at the December meeting. That would still represent an oversize hike, but investors have been looking for a reason to rush into stocks and the drop in inflation provided that excuse.

    Read More : Daily & Weekly Analysis On Xtreamforex

  8. #678
    Senior Member
    Join Date
    Oct 2015
    Location
    Ajeltake Island, MH96960 Majuro, Marshall Islands
    Posts
    726
    Thanked: 0

    Default Markets Position, The lower-than-expected US inflation

    The lower-than-expected US inflation print simply extended with economic data serving as an accelerator. European stocks add a normal 0.6% but US indices open with very solid 0.9-2.5% gains. The US NY Empire manufacturing index surpassed the bar with ease, coming in at 4.5 vs a -6 consensus. But new orders turned negative again and the outlook for six months ahead turned deeper below zero from -1.8 to -6.1. Financial markets definitely also spotted the PPI easing by more than expected.

    Headline factory inflation for September was revised lower to 8.4% and slowed to 8% vs 8.3% expected. Core gauges retreated from 7.1% to 6.7% and 5.6% to 5.4%. All of them are still at elevated levels but similar to last Thursdays CPI, thats of no importance to markets who just want to see pressure decline, both on prices and on the Fed.

    Read More : Daily & Weekly Analysis On Xtreamforex

  9. #679
    Senior Member
    Join Date
    Oct 2015
    Location
    Ajeltake Island, MH96960 Majuro, Marshall Islands
    Posts
    726
    Thanked: 0

    Default US Consumer Remains Strong

    Equity markets in Europe are back in the red yesterday, while the US looks largely unchanged around the open on Wall Street.
    Reports of missile strikes in Poland on Tuesday naturally caused a shudder in the markets. The prospect of a sudden and unexpected escalation in the war in Ukraine, particularly involving a NATO state, doesnt bear thinking about but its almost forced to and under the circumstances, the reaction was fairly modest.

    It could have been much worse but investors appear to have come to the view that it was a situation that would be quickly de-escalated which is what occurred despite initial reports not looking good.

    Read More : Daily & Weekly Analysis On Xtreamforex

  10. #680
    Senior Member
    Join Date
    Oct 2015
    Location
    Ajeltake Island, MH96960 Majuro, Marshall Islands
    Posts
    726
    Thanked: 0

    Default Japans Inflation hits the 40-year high

    in ro ham eslah kon:
    Despite the BOJs best efforts to contain inflation, prices are indeed rising.

    Nationwide inflation rose to its highest levels since 1984 at 3.7% y/y and core inflation is also at 3.6%. If food and energy are excluded, CPI is now 1.4% y/y- which is its highest since 1998 we exclude the pre-emptive buying ahead of 2015s tax hikes. Services PPI is down to 9.1% but historically high after peaking at 10.2% last month.

    At 3.7%, nationwide CPI is nearly twice their 2% target. The BOJ were relatively late to the 2% inflation bandwagon by introducing their 2% target in January 2013. Of the 118 months since it was introduced, only 16.1% of them have been above 2%. There was a 12-month period from April 2014, and more recently inflation has been above 2% since April this year and still rising.

    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