RBA

The Reserve Bank of Australia decided to keep the current policy unchanged in its meeting earlier today at 1.5% as widely expected, despite the fact that the Labour Market in Australia is showing clear signs of slowing down over the past three months. However, the Aussie continued to decline back and slipped below 0.7450. In today’s article, we ...

2016-12-06 Nour Eldeen Al-Hammoury Read more
Kuroda BoJ

The significant move in global markets at the end of last week was due to the latest developments in the US regarding Hillary Clinton's email investigation. The market is bracing for many economic releases and events this week, which are likely to have a significant impact on the markets ahead of the US elections. We must also keep in mind that ...

2016-10-31 Nour Eldeen Al-Hammoury Read more
Australian dollar

During the Asian session today, all eyes were on inflation figures from Australia which, unlike other nations, publishes inflation data on a quarterly rather than monthly basis. Today’s figures showed a positive surprise, which sent the Aussie higher across the board. Why? And what do we know? The answers are below. Definition Consumer Price ...

2016-10-26 Nour Eldeen Al-Hammoury Read more
BoC_Canada Inflation

After the dramatic impact of the ECB decision yesterday, the markets are still not done for the week, as the traders and investors are still digesting the ECB Chairman Mario Draghi confusing remarks, which led the Euro to decline below 1.09 after touching 1.1020’s, while global equities are still within a tight range. During the upcoming US sess...

2016-10-21 Nour Eldeen Al-Hammoury Read more
Australia_AUD

Unemployment Rate Falls But So Does Participation The Australian Dollar came under pressure overnight in response to the latest Australian labour market data. The Unemployment rate moved lower in September, falling to 5.6% from 5.7% previous.  This marks the lowest Unemployment rate since May 2013. However, the decline wasn’t driven by a streng...

2016-10-20 James Harte Read more
BoC_Canada

The last trading day of the week comes with a few economic releases during the Asian and European sessions, and the US session has only one important report from Canada, which is set to have a notable impact on the markets ahead of the weekend. All eyes turn to the Canadian inflation data today, which is likely to be the key for CAD trends next ...

2016-09-23 Nour Eldeen Al-Hammoury Read more