December Inflation Surprise Opens The Door To Faster Rate Cuts In The Czech Republic (Waiting On Chart Sources)
Inflation has surprised to the downside and disinflationary pressures are visible across the consumer basket. Headline and core inflation is below the CNB forecast.
Two Trades To Watch: EUR/USD, FTSE 100 - Thursday, Jan. 11
EUR/USD looks to US inflation data. FTSE 100 rises with supermarkets in focus ahead of US CPI.
Sensex Today Trades Higher; Bajaj Auto & Reliance Industries Top Gainers
Indian share markets are trading higher with the Sensex higher by 182 points, while the Nifty is trading 54 points higher.
FX Daily: US CPI Not A Game-Changer In FX
We expect a consensus 0.3% MoM core inflation reading in the US today. We don't expect today's CPI release to leave very long-lasting marks on FX.
Daily Market Outlook - Thursday, Jan. 11
Asian stocks followed the upward trend seen in the US despite the absence of significant driving factors, as markets anticipate the release of US CPI data.
EUR/USD Forex Signal: Ripe For A Breakdown Ahead Of US CPI Report
The EUR/USD pair has remained in a consolidation phase this week as attention shifts to the upcoming US inflation numbers.
All Eyes On US Inflation Data
Activity is expected to pick up today, with the US economic calendar heating up. In recent sessions, economic data around the globe has been mostly second-tier in nature, which has resulted in choppy sideways trade.
Elliott Wave Technical Analysis Day Chart: British Pound/U.S. Dollar - Thursday, Jan. 11
The GBPUSD Elliott Wave analysis suggests that the market is in an impulsive phase, with blue wave 5 of 1 currently in play.
Elliott Wave Technical Analysis 4 Hour Chart: British Pound/U.S. Dollar - Thursday, Jan. 11
The GBPUSD Elliott Wave analysis is crucial for traders seeking insights into potential price movements and trend developments.
Why Are Gold Prices Are Jumping Around? Is Gold Really An Investment?
Gold holds purchasing power as the fiat currencies, which are the scorecard, lose their purchasing power. Gold allows you to freeze your purchasing power at the moment you buy.
Dollar Index Forecast Ahead Of US Inflation Report
The US dollar index price remained in a tight range on Thursday morning as traders waited for the upcoming US consumer inflation data.
Bank Of Korea: Rate Cuts Are Only A Matter Of Time, But There Is No Rush
The Bank of Korea (BoK) has kept its policy rate at 3.5% for the eighth consecutive meeting. But by removing "...need to raise base rate further..." from the statement, the BoK is opening the door to rate cuts.
EUR/GBP Pares Gains Towards 0.8600 Ahead Of ECB Economic Bulletin
The EUR/GBP cross snaps the two-day winning streak during the early European trading hours on Thursday. The cross hovers around the 0.8600 mark after retreating from the weekly high of 0.8620.
Chinese FDI Inflows Hit Multi-Year Lows
The Chinese economy has thrown up several red flags in 2023 and now foreign investors are losing confidence in the world’s second-largest economy.