TAG: nzd-usd
The Week Ahead: The US CPI Report and Fed Chatter in the Spotlight
The US DollarOn Monday, NY Fed 1-Year Consumer Inflation Expectation figures will kick-start the week for the US dollar. A pickup in consumer inflation expectations could lead to decreased consumer spending as individuals may adjust their expenditure plan...
6 months ago
ECB and US CPI in the Headlights This Week
Last week ended with the US Employment Situation Report. Markets witnessed a monster beat for employment growth; the US economy added more than 300,000 jobs in the month of March versus a median estimate of 210,000 (prior data: small downward revision fro...
6 months ago
Global Interest Rate Decisions: A Week of Central Bank Action (or Inaction)
Still, this week promises to be interesting for global monetary policy, as traders and investors will be looking for clues on when interest rates might be going down.As expected in our previous article, the Swiss National Bank (SNB) and the Bank of Japan...
6 months ago
Octa’s Review Of Upcoming Central Bank Decisions
The monetary policies of central banks determine exchange rates. Therefore, the market pays close attention whenever a central bank holds another meeting and changes its monetary policy. Three central banks—the Reserve Bank of New Zealand (RBNZ), the Bank...
6 months ago
The Week Ahead: The Middle East, Central Banks, and the Chinese Economy in Focus
News from the Middle East will likely fuel an investor flight to safety on Monday. The US dollar and the Japanese Yen will be the targets for investors fleeing riskier assets. Nonetheless, investors should consider economic data and central bank commentar...
6 months ago
Week Ahead: Data from the US, UK and Canada in Focus
It was quite the week!Top of the bill last week, of course, was the stronger-than-expected US CPI inflation print, which, immediately following the release, underpinned the dollar and US Treasury yields, as well as pushed spot gold (XAU/USD) and US equity...
6 months ago
The Week Ahead: US Inflation, Private Sector PMIs, and the Bank of Japan in Focus
The US DollarThe private sector will be in the spotlight on Tuesday, with Manufacturing and Services PMIs in focus. Accounting for over 70% of the US economy, the Services PMI will impact the US dollar more. A pickup in service sector activity would furth...
5 months ago
Week Ahead: US GDP and PCE Numbers Take Centre Stage
The path for future interest rates in the US remains uncertain, with some Fed officials even talking about the possibility of rate hikes if inflation continues to increase. From six rate cuts to less than two (-39bps), the hawkish repricing in the swaps m...
5 months ago
The Week Ahead: US Jobs Report, the Fed, China Stats, and Yen Intervention Chatter
The US DollarEmployment cost numbers for Q1 2024 and the CB Consumer Confidence Index will be in focus on Tuesday (April 30). Upward trends in employment costs and consumer confidence could influence the Fed rate path. Higher wages and improving consumer...
5 months ago
Week Ahead: FOMC and Jobs Data in Sight
Well, another week has passed, and the prospect of the Fed cutting rates this year is becoming more remote.Highlights last week include the US GDP first estimate slowing more than expected for Q1 to an annualised rate of 1.6%, far surpassing economists’ e...
5 months ago