Tag Archive: AUD

Market Scuttlebutt 

Market Scuttlebutt There’s a high level of circumspection associated with this weekend’s G7 meeting as President Trump prepares to enter the G-7 lion’s den. Usually, a non-event for markets but with all the focus on escalating trade tensions amongst long-standing…
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Dollar Struggles as Geopolitics and Central Banks Take Center Stage

The US dollar is lower against major pairs this week as the market prepares for an eventful week. The U.S. Federal Reserve will kick off its June Federal Open Market Committee (FOMC) meeting on Tuesday June 12. The two day…
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Dollar in demand ahead of G6+1

Friday June 8: Five things the markets are talking about Global equities saw red overnight, as tech stocks continued their retreat in the Asian session, while in Europe, stocks has been hampered by disappointing industrial production data from Germany. All…
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Let the Games Begin

 Maximus Pressure or Circus Maximus Both the S & P and Nasdaq fell overnight snapping the 5-day winning streak as the tech sector sags. But entering weeks end investors are taking another peek at the calendar and thinking that perhaps…
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U.S Weekly Jobless Claims Drop as Labor Market Gains Steam

The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to a further tightening in labor market conditions. The robust labor market and firming inflation have cemented expectations the Federal Reserve will raise interest rates next week….
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CBRT Raises Rates, Pushing Turkish Lira Up

The Turkish lira has aggressively rallied this morning after the Central Bank of the Republic of Turkey raise the one-week repo rate by +100 bps to +17.75%. Over 60% of FX dealers were expecting a tighter monetary policy, but by…
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Dollar softer ahead of G7 Summit

Thursday June 7: Five things the markets are talking about G6 + 1 Despite global equities extending gains overnight on growing investor confidence in global growth, the markets attentions is turning towards the G7 conference that begins tomorrow in Quebec,…
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US equity markets defy gravity.

US equity markets defy gravity. Equity Markets US equity markets continue to defy gravity and extending the recent winning streak to four straight sessions. It was all about the financials as a series of coordinated hawkish comments from ECB members, …
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Canada: Building permits, April 2018

Municipalities issued $7.8 billion worth of building permits in April, down 4.6% from March. Declines were reported in every component except commercial buildings. Residential sector: Multi-family dwellings lead the decline In the residential sector, the value of permits issued by…
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