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In a report released late yesterday, CIBC significantly raised its gold price forecasts, seeing a more bullish outlook for bullion, especial...

In the kickstart video for July 10, 2024, I break down the technicals that are driving the three major currency pairs: EURUSDUSDJPYGBPUSDTo...

Did you enjoy the first two hours of Powell's testimony? How about another two? Only this time with the crazies in the House. Tune in at 10...

2024 world oil demand growth forecast unchanged at +2.25m barrels2025 world oil demand growth forecast unchanged at +1.85m barrelsIn a separ...

Headlines:The countdown continues as markets await the main event tomorrowKiwi stays pressured in European morning tradeHas the Sahm Rule be...

Prior -2.6%Market index 206.1 vs 206.5 priorPurchase index 144.3 vs 142.9 priorRefinance index 532.3 vs 544.1 prior30-year mortgage rate 7.0...

FundamentalOverviewThe USD weakened across theboard last Friday following the soft US NFPreport. The data showed some more labour market...

For some context, the BOJ held discussions with bond market participants over the last two days before announcing their official decision on...

FundamentalOverviewThe USD weakened across theboard last Friday following the soft US NFP report. The data showed some more labourmarket...

It's just one of those days where tomorrow can't come soon enough. Besides the kiwi today, other major currencies are lacking any real appet...

Bloomberg reported that the Sahm Rule has been triggered last Friday. In fact, the recent 3-month average rose to 4.0%, which is 50 bps abov...

In case you missed the decision earlier: RBNZ leaves it cash rate on hold at 5.50%, as expectedThe pressure is staying on the New Zealand do...

FundamentalOverviewGold erased all the gains from the US NFP report on Monday withsome pointing to the newsof China remaining on pause fo...

Eurostoxx +0.2%Germany DAX +0.3%France CAC 40 +0.2%UK FTSE +0.4%Spain IBEX +0.4%Italy FTSE MIB +0.3%Eyes are staying on French stocks as the...

There are a couple to take note of, as highlighted in bold.The first ones are for EUR/USD at 1.0770-75. However, the expiries do not hold mu...

The kiwi is the main mover among major currencies so far today, following a more dovish RBNZ earlier here. Besides that, we're seeing narrow...

In fact, the rates market is pricing in nearly two rate cuts for the remainder three meetings by the RBNZ for this year now. The first full...

WPAC response to the RBNZ, in brief:Dovish RBNZ surprise for marketsagainst expectations that the brief statement would repeat the key messa...

Bank of Japan more to come This article was written by Eamonn Sheridan at www.forexlive.com.

Federal Reserve speakers on Wednesday include Bostic and MusalemNew Zealand rate pricing implies 25bp rate cut for October vs. 16 before RBN...

Musalem's event is going to be of interest to traders,1530 GMT / 1130 US Eastern time: Federal Reserve Bank of Atlanta President Raphael Bos...

Reserve Bank of New Zealand signalled a nearer term rate cut. I posted earlier:***Committee expecting headline inflation to return to within...

Reserve Bank of New Zealand meeting is a policy review, not a full Monetary Policy Statement; there are no fresh economic forecasts or brief...

The statement is here:RBNZ leaves it cash rate on hold at 5.5%, as expectedThe part I highlighted is this:***Committee expecting headline in...

Inflation, both CPI and PPI, data from China's National Bureau of Statistics (NBS), June 2024: PPI m/m -0.2%prior +0.2%more to come...