Roberto Jacobs / Blog
CHF: Unresponsive to Positive Inflation Surprise - Nomura Research Team at Nomura, suggests that a few positive Swiss economic data releases such as April CPI inflation are unlikely to change the CHF weakening trend. Key Quotes “April Swiss CPI released on Monday recovered to -0.4% y-o-y from -0...
Asian Markets in Red on the Back of Global Uncertainties, Gold Dips in Early Asia All the major Asian indices are trading on a lower note on Thursday morning on the back of global uncertainties as well as lower commodity prices...
FxWirePro: AXS200 Faces Strong Support at 5300, Good to Buy at Dips Major Support - 5300 ASX200 pares losses made yesterday and slightly jumped till 5367 at the time of writing. It is currently trading at 5346. Short term trend is slightly bullish as long as support 5300 holds...
FxWirePro: Aussie Falls As Inflation Expectation Dips to Fresh 8-Month Low AUD/NZD is trading around 1.0756 marks. Pair made intraday high at 1.0819 and low at 1.0747 marks. MI inflation expectation falls to fresh 8 month low to 3.2% m/m vs 3.6% previous release...
FxWirePro: Nikkei225 Faces Strong Resistance at 100 Day EMA, Good to Sell on Rallies Major resistance - 17000 (100 day EMA) Major support - 16350 (10 day EMA) Nikkei index has declined yesterday after making a high of 16800.It is currently trading around 16484...
Just How Robust is the Mighty US Consumer? - ANZ Research Team at ANZ, suggests that when world growth splutters, producers have traditionally looked to the US consumer to save the day...
Commodities Stronger Across the Board - ANZ Analysts at ANZ noted that commodity markets were stronger across the board as the USD weakened and concerns over supply disruptions rose. Key Quotes: "Crude oil prices rose stronger after an EIA report showed inventories fell last week by 3...
Key Events Coming Up: BoE is the Highlight - Westpac Analysts at Westpac noted the key events taking place today. Key Quotes: "The Bank of England should keep rates at 0.5%, with policy firmly on hold ahead of the UK EU exit vote...
EUR/USD Finds Acceptance Above 1.14 Handle EUR/USD has found a balance area between 1.1420 and 1.1430 in Asia, with market makers keeping the pair in as tight a range as it gets, following the strong appreciation from 1.1370 lows up towards 1.1445 highs on Thursday...