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A surprisingly high US inflation print this week triggered the biggest shake-up in US bond markets in more than a year. The US 2-year government bond yield closed 23bp higher on the day, which was the biggest one-day move since March last year. It reflects a further repricing of expectations for Fed policy with money […]

The post Weekly Focus – US Inflation Shakes Up Markets appeared first on Action Forex.

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16/01/2024

Trump Wins Iowa Caucus

In focus today Today, focus is on German ZEW data for January and final inflation figures for December. The final HICP figures include details on inflation components that will provide important information about the underlying inflationary pressure in the largest euro area economy. While the official labour force statistics continue to be postponed, today we […]
23/08/2024

Canadian Q2 GDP Report to Reveal More Softness in the Economy

Canada’s GDP report next week is expected to show further weakening in the Canadian economy. We expect a 1.4% (annualized rate) increase in GDP in Q2 – below Statistics Canada’s 2% preliminary estimate a month ago, and marking the 7th of the last 8 quarters of declining output on a per-capita basis. Growth in GDP […]
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EURJPY 5 Waves Impulsive Elliott Wave Rally Favors Upside

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