Inflation

The headline number of job gains so far this year has left policymakers quite happy. But a look under the surface shows some troubling signs. And they are expected to be exacerbated by the data forecast for tomorrow. In the context of…
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Ahead of tomorrow's BOE interest rate decision, a somewhat unique and interesting situation has cropped up. Most relevant for us traders is that it could mean there will be a strong reaction in the pound no matter what the BOE does.…
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Last Friday, Switzerland's KOF leading indicator came in well below expectations. To make matters worse, the prior month was revised lower. With the world talking about both recession and facing massive inflation, it would appear the Swiss…
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GBPUSD recovers as BoE to hike by 50bp Sterling bounces higher as the Bank of England may deliver its first half-point hike since 1997. The UK’s inflation surged to a 40-year high at 9.4% and could reach a double digit in the…
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The ECB raised rates more than the market was expecting, and won't be meeting again until September. But that doesn't mean we won't get pivotal data in the meantime. It's just that the market is more likely to react to the economic…
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Inflation figures in Australia tend to have a somewhat outside impact. The country is somewhat unique in only reporting CPI changes once a quarter. Normally, when there isn't much fluctuation in inflation. That isn't much of a problem, but…
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The BOJ holds its interest rate decision in the early hours of Thursday. There is a pretty solid consensus that there won't be any change in policy. While inflation has been slowly ticking higher, the BOJ's projections expect it to fall…
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Tomorrow we get the release of the final June CPI figures for the Euro Area. Since we already had the preliminary numbers at the start of the month, it's much less likely to catch the market by surprise. But, there could be a lot more…
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NZDUSD tests supply zone The New Zealand dollar bounces higher after Q2 CPI exceeded expectations. Despite a choppy price action, general sentiment remains downbeat. Trend followers have been eager to sell into strength. The latest…
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