August

Tron (TRX) has orchestrated an impressive recovery, bouncing back from last week’s dip of $0.07000 and regaining losses it incurred this month.  As of the latest data from CoinGecko, the TRX price currently…

Prior 51.5Manufacturing PMI 42.5 vs 45.0 expectedPrior 45.3Composite PMI 47.9 vs 50.3 expectedPrior 50.8From one troubled economy to another, these are some poor PMI readings for the UK in August. The services sector is seen slumping into…

We’re gonna get the first U.S. business activity numbers for the month of August! Will the numbers justify a September rate hike for the Fed? More importantly, how could the USD react to the news ahead of Powell’s Jackson Hole speech?…

We’ve got a whole bunch of flash PMI reports lined up from the Eurozone this week! What are markets expecting and how can the results affect ECB interest rate hike plans? More importantly, how might EUR pairs react?Event in Focus: Euro…

A new trading week means we get another chance to price in new economic data! This week, PMI reports will give us sneak peeks of manufacturing and services trends in the major economies. Before all that, ICYMI, I’ve written a quick recap…

UPCOMING EVENTS:Monday: PBoC LPR.Wednesday: NZ Retail Sales, AU/JP/EZ/GB/US PMIs, Canada Retail Sales.Thursday: US Jobless Claims. Friday: Fed Chair Powell speaks at the Jackson Hole Symposium (24-26 August).MondayThe PBoC is…

Stronger-than-expected U.S. and U.K. data releases supported hawkish biases for the Fed and BOE, boosting both the U.S. dollar and British pound to the top of this week’s rankings. Meanwhile, China’s growth concerns kept a lid on the…

Reuters / Lucas JacksonThe August sell-off in stocks is the perfect buy-the-dip opportunity, Fundstrat said.Markets will remained jittery over rising interest rates through the end of the month.The Fed's Jackson Hole Symposium could jolt…

Our strategists had an extraordinary week with arguably four out of four strategy discussions catching solid moves in FX and gold! Our anticipation of global risk-off vibes played out well, so read further to see how fundamentals drove…

It was a busy week for repricing monetary policy expectations, as central bank meeting minutes and top-tier data prints supported a longer period of high-interest rates for the major economies. Meanwhile, concerns over China’s growth and…