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The major US stock indices are opening higher ahead of the FOMC rate decision at 2 PM ET. The employment cost data came in a little bit weak...

In the kickstart video for July 31, I take a look at the three major currency pairs - the EURUSD, USDJPY and GBPUSD - from a technical persp...

Prior was +1.2%Wages q/q +0.9% vs +1.1% priorBenefits +1.0% vs +1.1% priorAnnual growth in compensation costs eased to 4.1% from 4.5% a year...

Prior month 0.3%May GDP 0.2 % vs 0.1% estimate. The Advanced GDP released with the April report was 0.1%June advanced GDP 0.1%Services produ...

USD/JPY has extended today's decline to 280 pips and more than 450 pips since the Bank of Japan floated a series of leaks about a 15 bps hik...

Headlines:BOJ raises policy rate to 0.25% in July monetary policy meetingBOJ governor Ueda: Weak yen was not necessarily the biggest reason...

Prior -2.2%Market index 201.2 vs 209.3 priorPurchase index 132.8 vs 134.8 priorRefinance index 570.7 vs 614.9 prior30-year mortgage rate 6.8...

This week is essential not only becauseof the central bank meetings (from the US, UK, and Japan) but also because ofthe quarterly earnings...

FundamentalOverviewThe S&P 500 has been on a steady decline since the last US CPI reporton July 11th. In the first stages of the pullback,...

FundamentalOverviewThe USD has been rallyingsteadily against most major currencies in the recent couple of weeks, althoughthe catalyst be...

FundamentalOverviewThe USD has been rallyingsteadily against most major currencies in the recent couple of weeks, althoughthe catalyst be...

Prior +2.5%Core CPI +2.9% vs +2.8% y/y expectedPrior +2.9%The more important statistic is the core reading, and that is unchanged from June....

FundamentalOverviewCrude oil has been undersustained pressure since the beginning of July. Analysts have been pointing to potentialdemand...

Prior +0.8%HICP +1.7% vs +1.2% y/y expectedPrior +0.9%A bit of an early release with the headlines from Reuters and confirmed here. While th...

FundamentalOverviewThe BoJ eventually decidedto hike rates by 15 bps bringing the policy rate to 0.25%. This move wasexpected given that...

Prior 19kUnemployment rate 6.0% vs 6.0% expectedPrior 6.0%German unemployment rose this month but at least the jobless rate held steady. Sti...

The index eased further on the month but keeps in positive territory, suggesting that the outlook is still moderately optimistic. UBS also n...

It's make or break time for USD/JPY as sellers continue to stay in charge. The pair is now treading water below its 200-day moving average (...

Eurostoxx +1.1%Germany DAX +0.7%France CAC 40 +1.2%UK FTSE +1.2%Spain IBEX flatItaly FTSE MIB +0.4%Despite a couple of stutters in the last...

Well, but is he saying that it sort of did play a role in the decision today? Personally, I would think so. If they didn't go with a rate hi...

Expects BOJ to conduct policy towards realising sustainable, stable 2% inflation targetExpects BOJ to be in close coordination with governme...

It depends on economic indicators0.25% policy rate is still extremely lowIf you think of real rates, it's profoundly negativeWeak yen did no...

Prior +2.2%HICP +2.6% vs +2.7% y/y expectedPrior +2.5%The readings are a marginal miss on estimates but are a touch higher compared to June....

Private consumption remains solid despite inflation impact weighingWage hikes are becoming more widespreadRising wages will continue to supp...

Prior 0.0%Import prices +0.7% vs +0.5% y/y expectedPrior -0.4%The increase on the month owes much to a jump in energy prices. If yo u strip...