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USD/JPY nudges back to 156.00 level as we await US CPI showdown

This is one dollar pair that has been rather stubborn despite the fact that the greenback has been a little softer elsewhere. So, if USD/JPY is also nudging lower now, that\'s a slight concern for the dollar in general. For now, the moves are relativ...

Read More

What are the main events to look out for today?

It’s finally the US\nCPI Day. Markets have been waiting eagerly for this moment and it will likely\nlead to a more sustained trend. We will also get the US Retail Sales figures\nreleased at the same time but it’s fair to say that barring hu...

Read More

ECB's Rehn: Rates can be cut if confidence on inflation progress continues to strengthen

In his words: \"If the confidence that inflation is approaching its target in a sustainable manner continues to strengthen, the restrictiveness of monetary policy can be reduced - that is rates can be reduced in plain English.\"Just some token remark...

Read More

Xsolla Releases Quarterly Insights Report on The Future Of Gaming And Game Development

Xsolla, a global video game commerce company, published the Spring 2024 edition of \"The Xsolla Report: The State of Play” today. Launched on the heels of the Game Developers Conference (GDC) 2024, this extensive report provides invaluable insig...

Read More

European equities stick with gains to start the day

Eurostoxx +0.3%Germany DAX +0.3%France CAC 40 +0.2%UK FTSE +0.5%Spain IBEX +0.3%Italy FTSE MIB +0.4%US futures are more pensive though, with S&P 500 futures keeping flat currently. But risk appetite is certainly not abating for the most part in broad...

Read More

How are the Fed odds shaping up ahead of the CPI report later?

The odds of a rate cut in September are roughly ~85% now with a total of 44 bps worth of rate cuts priced in for the year. But as we look to the US CPI report later, the July odds are perhaps one that is worth keeping an eye out for as well. That is ...

Read More

AUDUSD Technical Analysis – Will we finally break the resistance?

Fundamental\nOverviewYesterday, the USD\nweakened across the board following the US\nPPI release where the data came in line with expectations. The reaction\nshowed that the market is eager to buy risk and that even little signs of better\ninflation ...

Read More

France April final CPI +2.2% vs +2.2% y/y prelim

Prior +2.3%HICP +2.4% vs +2.4% y/y prelimPrior +2.4%The good news is that core annual inflation declined once again, falling to 1.9% in April from 2.2% in March. That will provide some added confidence for the ECB but we\'ll see if it can keep that w...

Read More

Eurostoxx futures +0.2% in early European trading

German DAX futures +0.2%UK FTSE futures +0.4%European indices are lingering at record highs with US indices also in a similar mood this week. It\'s all on the US CPI data later today to set the mood for the remainder of the week now. S&P 500 futures ...

Read More

FX option expiries for 15 May 10am New York cut

There are a couple to take note of, as highlighted in bold.The first being for EUR/USD at the 1.0825 level, which should just help to keep price action more sticky until we get to the slew of US data later. Similarly, there are ones for USD/JPY at 15...

Read More

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USD/JPY nudges back to 156.00 level as we await US CPI showdown

This is one dollar pair that has been rather stubborn despite the fact that the greenback has been a little softer elsewhere. So, if USD/JPY is also nudging lower now, that\'s a slight concern for the dollar in general. For now, the moves are relativ...

Read More

What are the main events to look out for today?

It’s finally the US\nCPI Day. Markets have been waiting eagerly for this moment and it will likely\nlead to a more sustained trend. We will also get the US Retail Sales figures\nreleased at the same time but it’s fair to say that barring hu...

Read More

ECB's Rehn: Rates can be cut if confidence on inflation progress continues to strengthen

In his words: \"If the confidence that inflation is approaching its target in a sustainable manner continues to strengthen, the restrictiveness of monetary policy can be reduced - that is rates can be reduced in plain English.\"Just some token remark...

Read More

Xsolla Releases Quarterly Insights Report on The Future Of Gaming And Game Development

Xsolla, a global video game commerce company, published the Spring 2024 edition of \"The Xsolla Report: The State of Play” today. Launched on the heels of the Game Developers Conference (GDC) 2024, this extensive report provides invaluable insig...

Read More

European equities stick with gains to start the day

Eurostoxx +0.3%Germany DAX +0.3%France CAC 40 +0.2%UK FTSE +0.5%Spain IBEX +0.3%Italy FTSE MIB +0.4%US futures are more pensive though, with S&P 500 futures keeping flat currently. But risk appetite is certainly not abating for the most part in broad...

Read More

How are the Fed odds shaping up ahead of the CPI report later?

The odds of a rate cut in September are roughly ~85% now with a total of 44 bps worth of rate cuts priced in for the year. But as we look to the US CPI report later, the July odds are perhaps one that is worth keeping an eye out for as well. That is ...

Read More

AUDUSD Technical Analysis – Will we finally break the resistance?

Fundamental\nOverviewYesterday, the USD\nweakened across the board following the US\nPPI release where the data came in line with expectations. The reaction\nshowed that the market is eager to buy risk and that even little signs of better\ninflation ...

Read More

France April final CPI +2.2% vs +2.2% y/y prelim

Prior +2.3%HICP +2.4% vs +2.4% y/y prelimPrior +2.4%The good news is that core annual inflation declined once again, falling to 1.9% in April from 2.2% in March. That will provide some added confidence for the ECB but we\'ll see if it can keep that w...

Read More

Eurostoxx futures +0.2% in early European trading

German DAX futures +0.2%UK FTSE futures +0.4%European indices are lingering at record highs with US indices also in a similar mood this week. It\'s all on the US CPI data later today to set the mood for the remainder of the week now. S&P 500 futures ...

Read More

FX option expiries for 15 May 10am New York cut

There are a couple to take note of, as highlighted in bold.The first being for EUR/USD at the 1.0825 level, which should just help to keep price action more sticky until we get to the slew of US data later. Similarly, there are ones for USD/JPY at 15...

Read More