Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
Cable Extends Fall to Fresh Two-Month Low
Information is not investment advice
Ichimoku Kinko Hyo
CAD/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.
XAU/USD: Gold plunges below $1900 and it seems that bears have the absolute control of the market now.
EU Market View
Asian equity markets traded mixed and failed to take full impetus from the rebound across their global peers. Looking ahead, highlights from the macroeconomic calendar include Eurozone, UK, and US Flash PMIs, Fed's Powell, Kashkari, Mester, Quarles, Evans, Rosengren, Bostic and Daly speeches.
EU Key Point
- UK's Raab supports that virus restrictions are serious, proportionate
- BOJ's Kuroda: Fed's thinking is like the BOJ
- ECB's Mersch supports that It is obvious that the exchange rate has had effects on inflation
A United Nations agency is warning that the central bank’s actions create a high risk of pushing the global economy into recession.
Inflation in New Zealand is the highest since 1990, edging to 7.3% in Q2 2022. The currency is under heavy pressure as the Reserve Bank of New Zealand is trying to reverse the inflationary spiral. The week ahead will give us a valuable clue about the country’s monetary policy, and we are here to talk about that.
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD.