week

There's not much in terms of headlines driving the move but higher bond yields are certainly playing a part I would say. 10-year Treasury yields are still up 5 bps to 4.301% and that is underpinning yen pairs so far on the session. The…

From the battle to get a Bitcoin Spot ETF approved and the political as well as macroeconomic undercurrents impacting crypto to pioneering platform launches and technological innovations, this week is once again jam-packed with important…

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…

© Reuters. FILE PHOTO: U.S. Dollar and Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration By Hannah Lang WASHINGTON (Reuters) - The dollar was flat on Friday but set for…

Breadcrumb Trail Links PMN Business It’s late August, which means we’re headed to Jackson Hole for the Kansas City Fed’s annual symposium, attended by top central bankers from around the world. And as usual, everyone is…

Mon: PBoC LPR, German PPI (Jul)Tue: US Richmond Fed Index (Aug), New Zealand Retail Sales (Q2)Wed: EZ/UK/US Flash PMIs (Aug), Canadian Retail Sales (Jun), US New Home Sales (Jul)Thu: Fed's Jackson Hole Symposium (24-26th Aug), CBRT…

There was no major news coming out of the Fed chatter. Most of the focus was on interest rates, and stocks. Bitcoin fell toward technical support. Crude oil prices rebounded off of low levels and closed higher on the day, but down on the…

The USDCHF has chopped parsley higher this week. On the downside, a swing area support held near 0.8742. On the top side, there were some modest moves above a swing area high near 0.88193 that failed. However, as we head closer to the close…

Earlier this week we had rate cuts from the People's Bank of China:Coming up on Monday August 21 we get the Loan Prime Rate setting from the People's Bank of China, this'll happen around 0115 GMT, which is 9.15 pm Eastern Time Sunday US…

S&P 500, Nasdaq Analysis Recommended by Richard Snow See what our analysts expect from the stock market in the third quarter The S&P 500 is preparing to test the long-term resistance on the earnings of big tech…