The expected decision sent the Aussie down almost 1%
As was widely expected, the Reserve bank of Australia raised the rates by only 25 bps but signaled more hikes in following meetings.
Forex
Weekly Outlook
Weekly Economic Outlook, 6-10 March
March uncertainty start t increase even more with three major central banks’ interest rate decisions and US labor market data, but still, we
Stock & Indices
Slow and Steady, so 50 or 25 basis points?
Most market participants are looking for signs to understand what Fed is going to decide. Will they raise the rates by 50 basis
Cryptocurrency
Bankruptcy, Loss & trust in Digital assets!
Cryptocurrency-focused lender Silvergate Capital reported a $1 billion loss in its Q4 2022 earnings as investors raced to withdraw deposits after crypto exchange
Forex
USD/RUB back above 75!
While Ruble was the best-preformed currency in 2022, and even after December’s weakness, it started January stronger, with USDRUB testing 72 on January
Commodities
Oil and expectations | March 2
The Oil price still wanders between different data and economic outlooks. While the prospect of more demand from China helps the bulls, concerns
Commodities
Gold and return after touching the 2023 low!
In line with encouraging economic data, last week’s published Fed Minutes of its February meeting also was more hawkish than expected. Together, these
Fundamental
German bond yields at a 12-year high.
After the US bond yields rose today, German Bund Yields also raised to 2.58% and now trading at a 12-year high. Since market
Fundamental
Inflation! The main Market driver!
Last week most markets closed lower, and US 10-year bond Yields rose towards 4%, while this week, eyes will be on EU inflation
Weekly Outlook
Weekly Economic Outlook | 27. Feb – 3 March
More signs for the next moves! We can determine the central banks’ following possible decisions with the varied data we will have this
Daily Market Review
Asian stocks sink, European rise.
Other than Nikkei-225, Asian stock markets fell on Friday as Thursday’s US economic data increased the market uncertainty. Simultaneously, the Nikkei-225 rallied in
Fundamental
Fed minutes kept the DXY above.
The upside risk of inflation is clearly seen in last night’s published minutes. FOMC members are seeking another 50-bps rate hike in the
Forex
Yen and the New Governor!
Soon Bank of Japan will be led by someone else. The Japanese Government’s nomination of Kazuo Ueda for the post of BOJ Governo
Cryptocurrency
Ripple and SEC comet story
The ongoing legal battle between the SEC and XRP still affects its market price. While other digital assets are involved in supply and
Fundamental
RBNZ Preview | February 2023
Reserve Bank of New Zealand will hold its first monetary policy meeting this year on February 22. In its last meeting in November
Daily Market Review
A worrying start on the busiest day of the week
We will have a busy Tuesday with PMI numbers from Europe and the US and Canadian inflation data. We are optimistic about most
Weekly Outlook
Weekly Economic Outlook | 20-24 February
Uncertainty is the most certain thing. Uncertainty is the most certain thing seen in the financial markets these days. Economic data and outlook,
Commodities
Natural gas price keeps falling.
This year, natural gas spot prices have declined more than 46%. The price decline driver was the warmer-than-expected winter across Europe and the
Forex
Euro and continuing dilemma
The Euro has been floating between the Central bank’s decision and economic data. European economic data dedicating a weaker Eurozone economy, while ECB’s
Cryptocurrency
BTC above 24K, can we trust bulls?
After two weeks of falling, Bitcoin and most altcoins regained most of their losses. However, the main question is how far this price