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Inflation data under the microscope
A 75 bps rate hike estimate at the next meeting remains unchanged!While the market had a positive reaction in the first hours after inflation data was published, looking at the numbers with more precision shows that being over-optimistic is a bit ear...
Inflation in the US and China
Chinese producer inflation hit the 17-months lowToday's market focus is on inflation numbers. Earlier today Chinese inflation numbers have published, and now it is the US turn. Chinese consumer and producer price indicators for July, both were l...
Global Economic Outlook | August 2022
Jackson Hole instead of Central Banks! Despite initial expectations that August could be a quiet month, mixed data from China and overall Asian economies on one hand and US data on other hand changed the environment in the first days of August. And...
Bitcoin in uptrend channel!
Bitcoin closed up five out of seven sessions last week and retraced up within the uptrend channel after reversing the downswing not far from the mid-channel. Bitcoin price is above $24,000 currently! A glance at the daily chart reveals Bitcoin is cli...
USDJPY turned back higher, what next?
US 10-year bond Yields jumped above 2.85%In recent weeks, beginning from the middle of July, the Japanese yen was trying to regain back some of its losses and even touched the 130 against USD, from its historical low of 139.40 seen on July 14. The ma...