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Fed’s Favorite Inflation Gauge Rises to 4.9%, Reinforcing the US Dollar Advance
Fed’s Favorite Inflation Gauge Rises to 4.9%, Reinforcing the US Dollar Advance
2022-09-30 13:20:10
August U.S. Core PCE rises 4.9% y-o-y, topping expectations calling for an advance to 4.7%, a sign that price pressures are struggling to moderate despite tighter financial conditions.
South African Rand Forecast: ZAR Seeks Directional Bias Ahead of U.S. Core PCE
South African Rand Forecast: ZAR Seeks Directional Bias Ahead of U.S. Core PCE
2022-09-30 11:29:32
USD/ZAR has been hovering in and around the R18/$ level this week and looks for guidance as we look to close out the trading week.
Euro Breaking News: Inflation Hits Double Digits as ECB Run Out of Options
Euro Breaking News: Inflation Hits Double Digits as ECB Run Out of Options
2022-09-30 09:39:09
Inflation in the Euro Area accelerated with unemployment steady. Can the ECB afford anything less than a 75bp hike?
Cable Recovers as Truss, Kwarteng Meet with Fiscal Watchdog. Massive UK GDP Beat
2022-09-30 08:23:25
Cable claws back losses ahead of Truss, Kwarteng meeting with the Office for Budget Responsibility (UK fiscal watchdog). UK sentiment improves, gilts stabilize
British Pound Back to Breakdown Levels as PM Doubles Down. Will GBP/USD go Lower?
2022-09-30 05:30:00
The British Pound made a new weekly high today as markets recalibrate after Bank of England bond buying allayed some anxiety. If UK fundamentals deteriorate, will it sink GBP/USD?
Brazil Election: Brazilian Real, IBOVESPA, EWZ Brace for Bolsonaro vs Lula Faceoff
2022-09-29 19:00:46
Brazilians will head to the polls on Sunday to elect the next president. Lula is expected to prevail over incumbent Bolsonaro, but may not receive enough votes to avoid a runoff election.
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