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Tuesday, May 28, 2024

European Markets Wrap-Up: Latest inflation data points to worries that the BOJ is running out of time

Latest inflation data points to worries that the BOJ is running out of time

BOJ measures of underlying inflation (as at April 2024) If need be, they can allude to core prices in the CPI report still being above the 2% mark. But they certainly can't say the same about their ow... 

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Fed would have benefited from earlier decision to taper, end QE in 2021 - Bowman

That would have allowed for earlier rate hikes Would have supported either waiting to slow QT pace or a more tapered slowing in balance sheet run-off In the future, Fed should signal that QE is tempor... 

Are precious metals set for a stronger bounce this week?

One of the more impressive performers in the quieter start to the week yesterday was silver. The precious metal rebounded strongly after the setback last week, having failed to hold a push above the $... 

EUR/USD nears two-week high as dollar eases back

And it's not just limited to the euro. USD/JPY is down to 156.70 and GBP/USD is on approach to the 1.2800 mark as well so far this week. The greenback is struggling as we start to head towards month-e... 

ForexLive Asia-Pacific FX news wrap: USD lost ground

"Memorial Day Jet Fuel Demand Outshines Gasoline" China's Foreign Ministry says the US should stop supporting Taiwan's independence forces Australian Retail Sales for April 2024 +0.1% m/m (expected +0... 

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FX option expiries for 27 May 10am New York cut

There is just one to take note of, as highlighted in bold . That being for USD/JPY at the 157.00 level. And the expiries should help to act alongside offers to keep a lid on price action in the sessio... 

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