Tag Archives: Markets
markets
TD Securities brings forward July RBNZ rate hike call, still expects four 25bp moves
TD Securities now expects the RBNZ to hike in July, projecting four 25bp moves, capped near 3.50%.
USD/JPY nears 160 as yield spreads widen, with Japan intervention risk back in focus
USD/JPY nears 160 as yield gaps widen; intervention risk rises; options hedge costs fall; BOJ hike priced.
Italy business confidence rises to 87.9 in May, topping forecasts and backing tactical risk-on trades
Italy business confidence beat forecasts in May, boosting FTSE MIB, euro optimism, while risks remain.
Australia Capital Spending Beats Forecasts, Bolstering RBA Higher-for-Longer Rate Outlook
Australia capex beats forecasts: +0.5% quarterly, +6.5% yearly, boosting AUD, equities; rates likely higher longer.
WTI rebounds towards $89 as US-Iran tensions and inventory draws lift risk premium
WTI rebounded near $89 as US-Iran tensions and inventory draws boosted risk premium, supporting bullish prices.
API crude draw narrows to 2.8m barrels, tempering WTI momentum ahead of OPEC+ meeting
API reports US crude stock draw slowed to 2.8 million barrels, signaling easing tightness, capping prices ahead.
Fed’s Cook backs steady rates, flags inflation upside risks and AI-led labour market uncertainty
Fed’s Cook urges steady rates; inflation risks persist; hikes possible, cuts if jobs weaken; volatility trades favored.
Brent slides to $93 as Iran deal rumour sways oil despite White House denial
Crude slid on Iran MOU rumor despite White House denial, as tight inventories and Hormuz risks persist.
US consumer confidence slips as petrol prices and Iran tensions cloud outlook for spending and markets
Conference Board confidence dipped to 93.1; inflation, gas and Iran conflict strain plans, raising volatility, hedging interest.
Brent dips below $100 as Iran deal hopes clash with export bottlenecks and subdued US supply growth
Brent dips below $100 on Iran deal hopes, but logistical delays and weak US output limit supply.