USD/CHF Struggles to Extend Rebound Despite Soft Swiss Inflation
The pair rebounded over the past few days, but today’s moderation in Swiss inflation is unable to add momentum
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The pair rebounded over the past few days, but today’s moderation in Swiss inflation is unable to add momentum
After a strong performance last month, HKG33 starts September with a fall to critical tech levels as manufacturing PMI contracted further
Despite the AI bellwether's blockbuster results, guidance created concerns, but NAS100 regains its footing as markets focus on Fed rate cut prospects
The pair trades with caution at multi-month highs as Australian CPI report came in hotter than anticipated, but also showed significant moderation
The pair reached new highs after Fed Chair Powell signaled a pivot, but market pricing appears aggressive and the ECB is ahead in monetary easing
The pair is ion risk of new 2024 lows after Fed Chair Powell opened the door to a September rate cut, whereas his Japanese counterpart kept more hikes in play
The EZ wage growth deceleration helps the case for another cut in September and although its UK counterpart pivoted this month, a back-back-to-back cut does not look easy
The revenue surge of Xiaomi partly due to the successful EV entry provides support to HKG33 and helps it look overcome the Walmart JD stake sale, but technical hurdles loom
The pair found little help from the slowdown in Canadian CPI that strengthens the case for further easing, as optimism for Fed cuts prevails ahead of Fed Chair Powell speech
The pair runs its third straight profitable week, helped by aggressive Fed rate cut expectations and hawkish stance by the Reserve Bank of Australia
HKG33 rebounded after the poor weekly start, but trades with caution ahead of key resistance cluster, despite an acceleration in Chinese inflation
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