Tag Archive: AUD

Buckle in for an action-packed holiday-shortened week

Buckle in for an action-packed holiday-shortened week brimmed with essential events, none more significant than the May employment report particularly in light of the recent dovish conversation on wage growth in the May 2 FOMC minutes. A marginally firmer reading…
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Geopolitical Tensions Moderate Ahead of US Jobs Week

The US dollar was up against majors pairs on Friday ahead of the release of employment data in America. On a weekly basis the greenback gained against the CAD, EUR and GBP but lost ground against the JPY, AUD and…
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U.S Capital Equipment Orders Rise

Orders placed with U.S. factories for business equipment rebounded in April even as the prior month’s figure was revised downward, indicating resilient demand at the start of the second quarter, Commerce Department figures showed Friday. Highlights of Durable Goods (April)…
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Dangerous Brinkmanship

Dangerous Brinkmanship Another in the expanding history list of topsy-turvy Thursdays’ when it comes to risk as the President Gave, and the President Hath Taken Away only to leave the door open again when it comes to North Korea discussions….
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U.S Weekly Jobless Claims Increase

New applications for U.S. unemployment benefits increased more than expected last week, but remained below a level consistent with a healthy labor market. Initial claims for state unemployment benefits rose 11,000 to a seasonally adjusted 234,000 for the week ended…
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Trade War Talks are Back and the Dollar is Falling

Thursday May 24: Five things the markets are talking about Global stock markets remain under pressure as investors shun risk assets for relative safe havens. Rising Italian bond yields, fading prospects for the North Korea summit, disintegrating EM currencies, and…
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U.S is a Net Energy Importer from Canada

Canada is the largest energy trading partner of the United States, based on the combined value of energy exports and imports. Although the value of bilateral energy trade with Canada has varied over the past decade, driven primarily by changes…
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Turkish Lira Collapse Continues

Wednesday May 23: Five things the markets are talking about Geopolitical risks from Turkey to N. Korea, from China to Italy, have pressured global equities in overnight trade. U.S Treasuries, along with the ‘mighty’ dollar have found support, while crude…
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Fed Minutes to Drive Market as Trade Concerns Recede

The US dollar is mixed ahead of the release of the minutes from May’s Federal Open Market Committee (FOMC) meeting. The central bank held rates unchanged but there is almost 100 probability of a 25 basis points rate hike at…
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