Citi maintains long on NOKSEK amid potential currency shifts

Citi maintains long on NOKSEK amid potential currency shifts
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Citi maintains long on NOKSEK amid potential currency shifts
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U.S. tariff policy developments were a major factor driving market sentiment & fx flows, followed by business & consumer sentiment updates shaking up sentiment as well. Source link
Newsquawk Week In Focus: Highlights include US/China meet, NVDA GTC, FOMC, BoJ, BoE, ECB, RBA, and SNB Week in Review WEEKEND: US/China Meeting MON: Chinese Retail Sales (Jan-Feb), Canadian Inflation (Feb) TUE: RBA Policy Announcement, German ZEW Survey (Mar), Japanese Trade Balance (Feb) WED: BoC Policy Announcement, FOMC Policy Announcement and Press Conference, CBRT…
Data – Global bond markets rallied strongly in October, with 10-year yields in the U.S., Germany, and Japan falling roughly 30 bps over the month — the sharpest monthly decline since mid-2023 — as investors priced in synchronized monetary easing and lower inflation risk. – The Federal Reserve’s 25 bps rate cut on Wednesday…
Commerzbank’s Tatha Ghose argues that upcoming Turkish CPI data are largely obsolete given the looming impact of higher energy prices. He expects a strong March monthly print but stresses that external-shock inflation may be treated as transient by FX markets. Regardless, he maintains that the Lira is likely to continue a steady structural depreciation path,…
Introduction In the ever-evolving landscape of forex and financial trading, precision and clarity are essential. Today, we explore a unique tool designed for traders who value structure, discipline, and a deep understanding of market cycles: the Gann Correction Zones Pro. This review delves into its features, functionality, advantages, and limitations. Technical Specifications Version: 1 Year…
That’s a very good retail sales result, well ahead of expected and April. Retail sales is an indication to household consumption. at 6.4% y/y it’s the fastest since December 2023 Industrial production was a slight miss, and the slowest growth since November 2024. More: China end-May surveyed unemployment rate 5.0% vs. 5.1% expected, 5.1% prior…