This week's economic events include: Japan's Monetary Policy Minutes and U.S. Services PMI on Monday, impacting JPY and USD. Tuesday's RBA Interest Rate Decision affects AUD, with German Factory Orders influencing EUR. Wednesday sees German Industrial Production and U.S. Crude Inventories impacting EUR and USD. Thursday: RBA Governor speaks, with U.S. Jobless Claims. Friday: China's CPI and Canada's Unemployment Rate affect CNY and CAD.
Recent developments include President Biden's potential re-election reconsideration, Asia-Pacific market highs, PwC's auditing issues in China, potential acquisitions in the energy and retail sectors, geopolitical tensions, and regulatory actions impacting markets. Key impacts include fluctuations in USD, CNY, CAD, TWD, EUR, GBP, and AUD, with significant effects on stock markets across the US, Asia, and Europe.
The U.S. labor market's vigorous expansion, with the Non-Farm Payroll (NFP) report disclosing an impressive 303,000 job additions that exceeded both previous results and projections; bolstering dollar
The Australian Dollar is up more than 2.6% on the back of a five-day rally with price eyeing initial resistance. These are the levels that matter on the AUD/USD charts.
The Aussie breakout is testing initial resistances targets with the RBA on tap tonight – a cut is expected. Here are the levels that matter on the AUD/USD charts.
Aussie is top performer against the US Dollar this week with the price breakout now at testing resistance targets. Here are the levels that matter on the AUD/USD charts.
The Australian Dollar slid as a key measure of business sentiment registered its weakest level since the start of 2016, adding to peristent disappointments in
The Australian Dollar was pulled in opposite directions by a feeble set of retail sales numbers released simultaneously with news of another strong trade surplus
Crude prices are off nearly 3% since the open with oil now testing a near-term inflection zone. Here are the targets & invalidation levels that