Category: News

April 11, 2022. French Elections 2022 (All) Both the French leader Emmanuel Macron and challenger Marine Le Pen qualified for what promises to be a very tightly fought presidential election runoff on April 24, pitting a pro-European economic liberal against a far-right nationalist. China CPI and PPI hurt the AUD (All) The AUD/USD pares early […]

April 4, 2022 Saudi Aramco raises all oil prices (all) Saudi Aramco raised official selling prices across the board for May-loading cargoes, with Asia-bound barrels seeing the largest increases, between $2.70/b and $4.40/b, according to a pricing document Aramco released on April 4. April 5, 2022 ISM Services PMI (USA) Economic activity in the services […]

Mar 15 Retail Sales y/y (China) China reported Tuesday better-than-expected growth in retail sales, fixed-asset investment and industrial production to start the year. Retail sales grew by 6.7% year-on-year, topping expectations of analysts polled by Reuters for growth of 3% from a year ago. PPI m/m (USA) The Producer Price Index for final demand increased […]

The whole world is devastated by the ruthless war in Ukraine, but Russia has no intention of backing off. The horrifying missile attacks are taking thousands of Ukrainian civilians’ lives. Every country is tormented by what is going to happen if Russia doesn’t stop and how dreadfully it is impacting the global financial system. Already […]

The whole world is devastated by the ruthless war in Ukraine, but Russia has no intention of backing off. The horrifying missile attacks are taking thousands of Ukrainian civilians’ lives. Every country is tormented about what is going to happen if Russia doesn’t stop and how dreadful it is impacting the global financial system. Already […]

Jan 31 Chicago PMI (USA) It’s a leading indicator of economic health-January Chicago Business Barometer rose to 65.2. Prices Paid softened 1.9 points to an eight-month low. Inventories dropped 5.8 points. FEB 01 Cash Rate (Australia) Short-term interest rates are the paramount factor in currency valuation – Traders look at other indicators merely to predict […]

Jan 10 AUD/USD defends US dollar-led bounce off AUD/USD begins the second trading week of 2022 without surprises, keeping Friday’s rebound from a nearly two-week bottom around 0.7180 during early Monday morning in Asia. Stabilization is progressing The stabilization of economic indicators is progressing in January 2022. At 14.9 points, the overall index for the […]