Weekly

© Reuters. FILE PHOTO: U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose to a more than one-week high on…

Over the weekend, the Chinese Inflation data beat expectations by a big margin:CPI Y/Y 0.7% vs. 0.3% expected and -0.8% prior. CPI M/M 1.0% vs. 0.7% expected and 0.3% prior. Core CPI Y/Y 1.2% vs. 0.4% prior.Core CPI M/M 0.5%…

The U.S. dollar got its shine back this week, leveling up off of fresh U.S. inflation data pointing inflation rates picking up the pace in February. Overall, FX outcomes did show a slight risk-off lean, but the usual correlations weren’t…

Bitcoin’s price is finally showing signs of breaking the previous all-time high to the upside. Cryptocurrency is entering uncharted territories, and predicting its upside potential becomes a lot more challenging. However,…

UPCOMING EVENTS:Tuesday: Japan PPI, UK Labour Market report, US NFIB Small Business Optimism Index, US CPI.Wednesday: UK GDP, UK Industrial Production, Eurozone Industrial Production.Thursday: US PPI, US Retail Sales, US…

Over the weekend we got the news that OPEC+ will extend the voluntary output cuts for another quarter. Saudi Arabia will extend its voluntary cut of 1 million bpd through the end of June as well with cuts to be reversed 'gradually',…

Shiba Inu is back in the spotlight with a massive rally. Key Support levels: $0.0000025 Key Resistance levels: $0.000037 1. Massive Rally in Progress SHIB’s buyers came in force in late February and took the price to levels…

UPCOMING EVENTS:Monday: Switzerland CPI.Tuesday: Tokyo CPI, China Caixin Services PMI, Eurozone PPI, US ISM Services PMI.Wednesday: Australia GDP, Eurozone Retail Sales, US ADP, BoC Policy Decision, US Job Openings, Fed…

ECB’s Lagarde (neutral – voter) reaffirmed her patience stance with the usual focus on wage growth:We are not there yet on inflation.We have to get to 2% inflation sustainably.ECB must play its role in climate…

The meme coin market experienced a drastic change on Tuesday, surging to $27.2 billion at the time of writing, a 20% change in less than 24 hours. This upswing is driven by PEPE and other popular assets, which have seen…