Analisis

BoE Hike Rates to Another 25bps!

BoE Hike Rates to Another 25bps!

Amidst a backdrop of a declining infection rate and a growing economy with low unemployment in the UK, one concerning issue still looms: inflation remains unacceptably high. In June, prices surged by a staggering 7.9% compared to the previous year, significantly surpassing BoE targeted inflation rate of 2%.
ACY Securities | 696 hari yang lalu
US Dollar Keeps Strength towards NFP

US Dollar Keeps Strength towards NFP

A sell-off at the long end of the US Treasury market has cast a shadow over risk assets and hit cyclical currencies. The dollar has been the main beneficiary. Expect focus to remain on the US bond market very much into next week's quarterly refunding.
ACY Securities | 696 hari yang lalu
US payrolls will provide a steer on the rate outlook

US payrolls will provide a steer on the rate outlook

Asian markets up despite US/Europe fall. Chinese bank stimulus helps. Australia sees peak in rates. German factory orders rise. US eyes data post rate raise. UK's BoE Chief Economist discusses hike impact. Treasury yields rise in US, UK, Eurozone. Sterling rebounds post BoE policy.
Moneta Markets | 696 hari yang lalu
August Key Events

August Key Events

In July, the US dollar experienced a 1.0% decline (DXY) and briefly reached a new low for the year, dropping below the 100.00-level, a level not seen since April of the previous year. This weakening of the dollar was primarily influenced by mounting evidence of a slowdown in US inflation.
ACY Securities | 697 hari yang lalu
US Downgrade - What to Trade Now?

US Downgrade - What to Trade Now?

Following the notable downgrade of the USA by S&P on August 5, 2011, a significant event has occurred. The previous downgrade had triggered a profound risk-off sentiment in the financial markets, gaining attention with its own dedicated Wikipedia page.
ACY Securities | 697 hari yang lalu
US Gets Downgraded

US Gets Downgraded

Adding to the already existing pressures, as if the market needed any more, Fitch has downgraded US Government debt to AA+, from AAA.
ACY Securities | 697 hari yang lalu
Fitch Downgrades US Foreign Currency Rating, DXY Eases

Fitch Downgrades US Foreign Currency Rating, DXY Eases

The Australian Dollar (AUD/USD) plummeted after the RBA left cash rates unchanged. The Aussie Battler fell to its sharpest daily drop in a month, closing at 0.6615 from 0.6655. Most market participants had expected the RBA to lower its cash rates by 25 basis points.
ACY Securities | 698 hari yang lalu
RBA’s Pause Isn’t the Endgame.

RBA’s Pause Isn’t the Endgame.

The Reserve Bank of Australia held rates for a second consecutive month, but I still think there is a chance the bank will hike one last time in September on the back of an inflation surprise. We have recently made the case for the dollar to stay “trapped” in a situation where FX volatility fails to pick up.
ACY Securities | 698 hari yang lalu