Author: FX
AUD/CAD is sitting pretty on a key support level that has been holding all month. Here are the next inflection points to watch while bulls and bears battle it out. Source link
Westpac sees RBA hiking again in November after 25bp move to 4.6% yesterday !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
Aventis Energy (VBAMF) announced Tuesday that the company will proceed with the consolidation of its issued and outstanding common shares based on one new share for every ten old shares.The consolidation will become effective on the Canadian Securities Exchange at the opening of the market on October 1, 2026. Currently, a total of 94,248,477 shares are issued and outstanding. Accordingly, upon the consolidation becoming effective, a total of 9,424,844 shares will be issued and outstanding, the company highlighted. Source: press release More on Aventis Energy Inc. Source link
Fed’s Williams: One more hike likely this year is likely enough !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
U.S. consumer confidence fell to 81.9 in September and job openings slipped to 7.1 million, both missing forecasts. Low layoffs keep the job market steady. Source link
Job openings: 7.079 million vs 7.225 million expected. July revised up to 7.335 million from 7.271 million.Job openings rate: 4.3%.Hires: 5.2 million. July revised up to 5.1 million.Quits: 3.1 million; quits rate 1.9%. Both unchanged.Layoffs and discharges: 1.6 million; rate 1.0%. Both little changed.US job openings came in 146,000 below expectations in August and fell by about 256,000 from July’s upwardly revised level. The Bureau of Labor Statistics described openings as little changed, but the miss against the market estimate points to softer demand for workers.The rest of the report was steadier. Hires held near 5.2 million, while quits remained…
Silver remains at risk of further downside as US-Iran talks take centre stage !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
Cash rate decision 4.60%Prior decision 4.35%Today’s policy decision was unanimousSince the previous meeting, some of the upside risks to inflation are materialisingThere continue to be heightened uncertainties about the outlook for domestic economic activity and inflationRBA remains focused on ensuring that high inflation does not become embeddedInflation is still too high; some of the upside risks flagged in August are materialisingA further tightening in financial conditions is warranted to support a return of inflation to target in a reasonable periodWill continue to do what is necessary to bring inflation sustainably back to target, including increasing the cash rate target further…
Gold’s sharp selloff has pushed XAU/USD toward descending triangle support as traders brace for U.S. core PCE and Fed speakers. Source link
Softer U.S. core PCE could pressure the dollar, putting bullish NZD/USD and bearish USD/JPY setups in focus across risk scenarios. Source link