Bonds calm The focus on Treasury yields has dissipated in large part due to falling volatility in bonds. The US 10-year note yield is up 0.4 basis points today to 3.16% and has only traded in a 3.14-3.17% range. Stocks, meanwhile, have been bouncing around. The S&P 500 fell as low as 2781 but is
The pair remains within familiar range and tests lows around 1.1550. The greenback looks to pick up pace and approaches 95.30. EMU final September CPI matched the preliminary readings. EUR/USD keeps struggling for direction in the middle of the week and is now navigating the mid-1.1500s following the release of CPI figures in Euroland. EUR/USD
This analysis was first published on July 20, 2018. It is repeated here as fears of a clash between Italy and the EU over the country’s budget are holding back the Euro. Italy submitted its budget for review to the EU Tuesday, likely bringing tensions over the country’s spending plans to the fore. The budget
Wednesday brings the Fed’s FOMC meeting minutes – preview Coming Up! Title text for next article Expectations for the Federal Open Market Committee minutes due Wednesday US time  Via Barclays: The Fed remains constructive on the economic outlook and has signaled its intent to engineer a soft-landing by overshooting the long-term neutral rate. Recent Fed
The pair is now losing the grip and retreats to the 1.1570 area. German/EMU ZEW survey came in below expectations today. US Industrial/Manufacturing Production next of relevance in the docket. The single currency is now losing the grip and is forcing EUR/USD to recede to the 1.1575/70 band in the wake of the publication of
According to the latest data published by China’s the National Bureau of Statistics (NBS), the Chinese Consumer Price Index (MoM) (September) stod unchanged at +0.7% vs +0.7% exp while Consumer Price Index (YoY) (September) 2.5% vs 2.5% exp and 2.3% last. Meanwhile, China’s Producer Price Index (YoY) (September) arrived at 3.6% vs 3.5% exp and 4.1% last. About China CPI
Fundamental Australian Dollar Forecast: Bearish Australian Dollar Talking Points: AUD/USD failed to make new lows despite gloomy newsflow Perhaps some investors think it has suffered enough The RBA appears not to agree however, and further falls look likely Find out what retail foreign exchange traders make of the Australian Dollar’s prospects right now, in real