the USD moved to 103.50 On safe-haven dollar buying as US debt ceiling talks made little headway, with no new talks scheduled and no agreement in sight. we Stores Lost -1% And yields Also cool Treasury bonds I got an elevator. worldwide PMIs Show weakness however US Services It was remarkably strong. Overnight New Zealand dollar tank (-1.45%) like Reserve Bank of New Zealand He raised interest rates by 25 basis points but signaled the end of the rising cycle. Asian stocks also fell, particularly in mainland China. Saudi Arabia warns speculators of the future of production and prices.
Overnight – Deflate the inflation of the pound sterling Consumer prices are higher than expected, 8.7% against 8.2% and 10.1% previously, essence Yazid L 6.8% from 6.2% and RPI 11.4% compared to 11.1% from 13.5%. PPI shrink to 6.0% from 8.3%.
- FX – USD rose to 103.50Refer to the 103.30 Now but he keeps bidding for the tenth day. euro Tested in 1.0760 again and holds below 1.0800 in 1.0785. jPreparatory Year Hacked and booked 138.50topping in 138.85 (high from Nov 2022) again and declining at 138.50 now. cable rose to 1.2466 After inflation and retail sales data. husband returned to 1.2450 Now who 1.2375 lowest on Tuesday.
- Stores – US markets closed significantly lower (-0.69% to -1.26%). TSLA -1.64%And APPL -1.52%And Google -2.00%And MSFT –1.84%. 500 USD (-1.12%) closed 47.05 points in 4145FUTS is traded in 4155below the key resistance at 4175.
- Goods – YuSoil – Futures rose from $70.70 Again yesterday rose to test $74.00 The region after hardening statements from Saudi Arabia regarding further production cuts. gold – he returned to 1975 dollars Level, once again find buyers on the key $1,950 region.
- Digital currencies–BTC I paid for the test 27.5 thousand dollars (21-day EMA) yesterday before rejecting the area and moving into $26.75k now.
today – ifo german, Minutes of the Federal Open Market Committee meeting (May), Letters from the Bank of England Bailey European Central Bank Lagarde & Federal President.
biggest engine @ (06:30 GMT) GBPNZD (+2.05%). from Monday’s test 1.9775 The pair’s bottoms have rallied further 2.0250 After the Reserve Bank of New Zealand. MA aligned up, MACD histogram and signal line is positive and bullish, RSI 92.00 OB and very flat, H1 ATR 0.00476, daily ATR 0.0161.
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Stuart Coyle
Principal market analyst
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