Mexican peso not as bleak as a sooner US-Mexico tariff deal now likely: Macquarie
Mexican peso not as bleak as a sooner US-Mexico tariff deal now likely: Macquarie
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Mexican peso not as bleak as a sooner US-Mexico tariff deal now likely: Macquarie
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After the inflation numbers in Hungary and the Czech Republic, this morning we also saw the numbers in Romania. November inflation rose from 4.7% to 5.1%, slightly above market expectations, ING’s FX analyst Chris Turner notes. The complete inflation picture “Although inflation should fall again in the coming months, we see the National Bank of Romania returning…
Trump sees no red line that would change tariff policy. “Trump pushed back on the notion, popular among some Wall Street analysts, that financial turmoil – plummeting markets, the threat of a recession, a weakened dollar – would cause him to roll back his tariff policies.” “It always affects you a little bit” he said,…
USDJPY: On Thursday, the USD/JPY pair demonstrated a tendency to consolidate around 143.55 during the early European session. The growth of the major pair is driven by the recovery of the US dollar (USD). On Friday, investors will be monitoring the Bank of Japan’s (BoJ) interest rate decision. At its meeting on Wednesday, the Federal…
Will the race to artificial general intelligence (AGI) lead us to a land of financial plenty – or will it end in a 2008-style bust? Trillions of dollars rest on the answer. The figures are staggering: an estimated $2.9tn (£2.2tn) being spent on datacentres, the central nervous systems of AI tools; the more than $4tn…
Newsquawk.com Week Ahead 19th-23rd August 2024: Highlights include Jackson Hole, FOMC Minutes, ECB Minutes, Canadian and Japanese CPI, and Flash PMI data MON: US Democratic National Convention (Aug 19-22), Bank of Indonesia Announcement, New Zealand Trade Balance (Jul) TUE: US Democratic National Convention (Aug 19-22), PBoC LPR, RBA Minutes, Riksbank Announcement, CBRT Announcement, EZ Final…
AUDJPY is preparing for a new bearish phaseThe currency pair may slide below the $80.00 lower support AUDJPY Weekly Price Analysis – June 16AUDJPY prepares for a new bearish phase after updating the bullish momentum. It is about time for the Yen to commence its low dips as a new bearish correction is currently in…