Logo-color Logo-white

Markets German bunds ended last week underperforming US Treasuries. Euro area PMIs suggested economic improvement is finally underway while price pressures picked up, both on the input and output side. German yields rose between 0.7 (30-yr) to 4.5 bps (2-yr) in bear flattening. US rates overcame early Trump-induced weakness only to take a second hit […]

The post Stock Futures Point to Steep Drop at Open Later Today appeared first on Action Forex.

previous

AUD/USD and NZD/USD Bounce Back: Are Further Gains Ahead?

next

Slow Start to a Busy Week

Read More

29/04/2024

USD/JPY: Pulls Back from New Multi-Decade Top on Suspected Intervention

USDJPY cracked psychological 160 barrier and hit new multi-decade high early Monday, with subsequent sharp pullback to 155.00 zone on suspected intervention. Fresh weakness cracked pivotal 155 support area (Friday’s low / 10DMA / Fibo 38.2% of 146.448/160.19) but so far without sustained break lower, with close above this levels to mark a healthy correction […]
21/05/2024

Sunset Market Commentary

Markets: Trading was again confined to rather tight ranges today. US yields created some breathing space end last week compared to important support levels (4.7% area US 2-y yield, 4.3/37% area 10-y yield), but for now follow-through gains look rather difficult. Eco were few today, but there were interesting comments from Fed governors. Fed’s Waller […]
15/03/2024

Week Ahead – Five Central Banks: Who Will Hike, Who Will Not Cut?

Fed meets on Wednesday with focus on new dot plot Will the Bank of Japan finally end negative rates on Tuesday? BoE and RBA to stick with patience, SNB might be in more of a rush to cut Flash PMIs plus inflation data in the UK, Japan and Canada will also be crucial Fed decision: […]