Eurozone CPI YoY Flash || 8.5% (Forecast 8.9%, Previous 9.2%)
Eurozone CPI Headline – MoM Flash || -0.4% (Forecast 0.1%, Previous -0.4%) YoY Flash || 8.5% (Forecast 8.9%, Previous 9.2%) Core: YoY Flash || 5.2% (Forecast 5.1%, Previous 5.2%) RELEASE Reuters The headline inflation drop is unlikely to expunge concerns among conservative policymakers that rapid price growth is getting entrenched, a worry reinforced by poor […]
Newsquawk Week Ahead: Highlights include FOMC, ECB, BoE, PMI data, US Jobs, EZ CPI
Australian Retail Sales (Tue): The December Retail Sales data is seen printing at -1.0% vs the prior of +1.4%. Desks highlight that November’s Black Friday and Cyber Monday events were successful, as indicated in the November data, although analysts will now assess the impact of higher rates over the Christmas period. Westpac, citing the Westpac […]
USD/JPY slides below 130.00 as upbeat Tokyo CPI pleases BoJ hawks ahead of Fed’s preferred inflation
USD/JPY takes offers to refresh intraday low, fades bounce off weekly bottom. Firmer prints of Tokyo CPI for January renews hawkish concerns over BoJ and weigh on Yen prices. Mixed concerns surrounding Fed’s next move, hopes of BoJ’s hawkish turn also please USD/JPY bears. Fed’s preferred inflation gauge eyed for clear directions ahead of next […]
Aussie Soars As CPI Hits 33-year Highs
Q4 Inflation Spikes HigherThe Australian Dollar is seeing a flood of demand today on the back of the latest CPI figures, released overnight. Aussie inflation was seen spiking back up to 1.9%, quarter-on-quarter, up from 1.8% prior and above the 1.6% the market was looking for. The year-on-year figure was seen rising back up to […]
RBNZ’s own CPI indicator 5.8% y/y (prior 5.6%) – this is its Sectoral Factor Model
> RBNZ’s own CPI indicator 5.8% y/y (prior 5.6%) – this is its Sectoral Factor Model Eamonn Sheridan Wednesday, 25/01/2023 | 02:03 GMT-0 25/01/2023 | 02:03 GMT-0 more to come The Reserve Bank of New Zealand Sector factor model. Says the Bank of its own model:We created the sectoral factor model. It estimates the common […]
Australian Dollar Jumps on Hot CPI Data. Where to for AUD/USD?
Australian Dollar, AUD/USD, US Dollar, RBA, CPI, RBNZ, AUD/NZD – Talking Points The Australian Dollar ran higher after CPI figures beat estimates Both the headline and trimmed measures were above forecasts The RBA might have a problem on their hands. Will AUD/USD continue higher? Recommended by Daniel McCarthy Get Your Free AUD Forecast The Australian […]
Focus on Australian CPI, Microsoft earnings report and ChatGPT
Asia-Pacific markets traded higher on Tuesday morning, with the Nikkei 225 rising 1.46% while the Japanese Yen gained 0.42% against the US dollar. Markets in China, Hong Kong, Taiwan, South Korea, Malaysia and Singapore are closed due to the Lunar New Year holiday. The euro hovered near a 9-month high against the US dollar, drawing […]
Australian Dollar Eyes New Heights Ahead of Crucial CPI Data. Where to for AUD/USD?
Australian Dollar, AUD/USD, US Dollar, Fed, RBA, CPI, Iron Ore, Gold – Talking Points The Australian Dollar has made ground today on US Dollar weakness While the market is rightly focussed on tomorrow’s CPI, PPI on Friday might impact China is on holiday, but commodities are buoyant. Will AUD/USD make a new high? Recommended by […]
AUD/USD starts off bid and eyes are on 0.7000/20
AUD/USD is moving in on the price imbalance in the 0.6980s. There is further potential for a move-up in the initial balance for the week with CPI eyed. The key areas to the downside are 0.6950 and 0.6910 ahead of 0.6870. AUD/USD is starting out the week a touch higher as the commodities complex remains […]
Week Ahead – Highlights include: US PCE & GDP, BoC, Flash PMIs, Aus & NZ CPI
MON: BoJ Minutes (Dec); Australian Flash PMIs (Jan). TUE: Australian NAB Business Confidence (Dec), German GfK (Feb), EZ, UK & US Flash PMIs (Jan), New Zealand CPI (Q4), UK CBI Trends (Jan). WED: BoC Policy Announcement; Australian CPI (Dec/Q4), German Ifo (Jan). THU: CBRT Minutes & Inflation Report (Jan), US Durable Goods (Dec), GDP Advance […]