Bank of Japan (BoJ) – Foreign Exchange Market Intervention
As interest rate differentials widen between Japan and other major economies, the Japanese Yen continues to weaken.
Crude Oil Price Dodges US Dollar Strength Post US CPI Surprise. Will WTI Rally?
Crude oil held steady despite the US Dollar gaining strongly after US CPI put any notion of a slowing in the Fed's rate hike path to the sword. Where to…
How Will US Inflation Data Impact the September Fed Meeting?
Senior Strategists James Stanley and Christopher Vecchio, CFA discuss US inflation data and the September Federal Reserve rate decision.
Despite S&P 500’s Worst Day in 2 Years, VIX Doesn’t Signal Capitulation
The unexpectedly robust US CPI reading this past session triggered the biggest plunge from the S&P 500 in over two years while the Dollar rallied right back towards its extreme…
Gold Prices Eye US PPI Data. Is a Big Breakdown Afoot?
Gold prices are steady in Asia-Pacific trading after a sharp overnight drop following US CPI data. Prices are at the long-defended 1,700 level, but a big breakdown is on the…
ASX 200 Tanks on Tempestuous US CPI Punching Treasury Yields Higher
The ASX 200 has been hammered by a global risk-off storm sweeping markets in the aftermath of a higher than anticipated US CPI that has the Fed in jumbo hike…
AUD/USD Approaches Monthly Low Ahead of Australia Employment Report
Data prints coming out of Australia may curb the recent decline in AUD/USD as job growth is expected to recover in August.
New Zealand Dollar Sinks on US CPI as Retail Traders Sell NZD/USD, More Pain Ahead?
The New Zealand Dollar sank in the worst day since March 2020 as US CPI data beat estimates. Retail traders boosted NZD/USD long bets, is this a sign more pain…
Hang Seng Index May Fall After US CPI Beat Raised Odds of a More Aggressive Fed
Hang Seng Index futures slumped after US CPI data beat expectations and boosted odds of a more aggressive Fed. Hong Kong equities may extend their three-month-long downtrend.
Bitcoin Prices Plummet against CPI-Charged USD as Asia-Pacific Traders Brace for Impact
Asia-Pacific markets are set to fall after Wall Street suffered heavy losses following a hotter-than-expected CPI report. Bitcoin prices may fall more against a strong Dollar as sentiment sours.