Author: FX
Australia Melbourne Institute inflation gauge is a privately conducted survey. Its not so much focused on any more now that the Australian Bureau of Statistics produces monthly CPI data.3.9% y/y for June 2026prior 4.4%-0.4% m.mprior -0.3%Also:ANZ-Indeed Job Ads, also for June -0.2% m/mprior 1.8% This article was written by Eamonn Sheridan at investinglive.com. Source link
USD/JPY extends its gains for the second successive day, trading around 161.70 during the Asian hours on Monday. The Japanese Yen (JPY) is caught in a high-stakes tug-of-war, buckling under surging import costs even as 10-year JGB yields hit a fresh 30-year high of 2.79%. This deep market divide has traders on high alert for immediate verbal intervention from Tokyo.The USD/JPY pair appreciates as the US Dollar (USD) holds its ground, buoyed by market expectations of multiple Federal Reserve (Fed) rate hikes later this year. This comes despite easing global inflation concerns, which have been helped by oil flows normalizing…
Impeachment trial of Philippine VP Sara Duterte to open in divided Senate Source link
Pouyanné’s comments point to an unusual bifurcation in the oil complex, with crude prices collapsing on a stockpile overhang even as refined product markets stay tight and priced well above what current Brent levels would imply. That gap creates an opportunity in refining margins for companies with spare processing capacity, while continuing to squeeze fuel-dependent sectors that are not seeing the benefit of cheaper crude passed through to the pump. The three to four month rebalancing timeline he cites suggests the dislocation is not expected to resolve quickly, keeping crack spreads elevated and adding another data point for traders trying…
Trump to meet leaders of Ukraine, Syria alongside NATO summit Source link
rebius/iStock Editorial via Getty ImagesEasyJet (EJTTF) (ESYJY) has agreed in principle to a £5.2B ($6.9B) takeover proposal from private investment firm Castlelake after rejecting four previous offers. The latest bid values the U.K. budget airline at 690 pence per share in cash, up from Castlelake’s previous Source link
The jobs miss repriced the Fed; Wednesday’s minutes test that story. Gold and stocks sit at highs while OPEC+ barrels meet a nervous Hormuz. Source link
Mon: BoC Business Outlook Survey (Jul), German FactoryOrders (May), Swiss Unemployment Rate (Jun), EZ Construction PMI (Jun), RetailSales (May), PPI (May), US Composite/Services PMI Finals (Jun), ISM ServicesPMI (Jun)Tue: EIA STEO (Jul), Japanese Household Spending(May), German Industrial Production (May), French Balance of Trade (May), USADP Weekly Employment Change, Balance of Trade, RCM/TIPP Economic Optimism(Jul), Canadian Balance of Trade (May)Wed: Fed Minutes (Jun), RBNZ Policy Announcement(Jul), Swedish CPIF (Jun), GDP (May), NBP Policy Announcement (Jul), USWholesale Inventories (May)Thu: ECB Minutes (Jun), Banxico Minutes (Jun), ChineseInflation (Jun), German Balance of Trade (May), Mexican Inflation (Jun), USJobless Claims, Existing Home Sales (Jun)Fri: IEA…
Daniel HullSpaceX(SPCX) stock gets two big catalysts this week and options tell us bulls expect a solid – and possibly spectacular – rally. On Tuesday the IPO quiet period ends, freeing up analysts to post ratings and price targets. On the same day, the Source link
Three sons of Iran’s slain leader Khamenei appear at funeral, not his successor Source link