Supply chains were wrecked in autos, computer chips, consumer goods, meat, steel and dozens of other places.Yet still: Just 9% inflation.I'm not saying it...
The Minutes of the Reserve Bank of Australia’s (RBA) June monetary policy meeting showed Tuesday that the “board judged the case for holding rates steady stronger...
Reserve Bank of Australia June meeting minutes. Headlines via Reuters:The RBA Board judged the case for holding rates steady stronger than for hikingNeeded to...
Sun: French Parliamentary ElectionMon: Canada Day; Japanese Tankan (Q2), Japanese, Chinese Caixin, EZ, UK & US Manufacturing Final PMI (June), German Prelim. CPI (June),...
Fundamental
OverviewThe USD has been stronger
since last Friday following the US NFP report where the data surprised with solid jobs
and wage growth. There were also...
The European Central Bank cut interest rates for the first time since 2019.
The ECB’s Lagarde refrained from committing to a rate-cutting path.
There was caution...
EUR/USD rebounds after slipping below 1.0800 as the US Dollar corrects sharply.
The ECB is widely anticipated to deliver a rate-cut move in June’s policy meeting.
The...
