AUD/USD Slides After Australian Inflation Eased in Q1
Today’s data showed that CPI inflation moderated to 7% y/y in the first quarter in Australia, not long after the country’s central bank had paused its year-long rate hike cycle
Page 6 of 79
Today’s data showed that CPI inflation moderated to 7% y/y in the first quarter in Australia, not long after the country’s central bank had paused its year-long rate hike cycle
Watch today’s US Open for commentary on the upcoming Big Tech earnings, the renewed banking jitters, the latest ECB-speak and more
The index faces difficulties on the cusp of a bull market, as markets brace for a series of earnings by tech heavyweights, including Facebook-parent Meta Platforms
The regional US bank came under pressure after the failure of Silicon Valley Bank in March and is latest earnings report revealed a 40% slump in deposits during the first quarter
Facebook-parent Meta reports its latest quarterly results on Wednesday April 26, after a strong start to the year, as it tries to turn things from the hardships of 2022
The tech-heavy index is constrained after last month’s march, with this week’s earning by Netflix & Tesla not helping, as markets contemplate sticky inflation, hawkish Fed and prospects of economic slowdown
Watch today’s US Open for commentary on the quarterly results by Netflix and Tesla, the higher than expected UK inflation, its deceleration in New Zealand and more
The EV giant’s profitability dropped significantly in the first quarter and margins were squeezed, amidst multiple price cuts, but Tesla pushes for higher production over margins
China’s recovery maintains its momentum according to the latest data from earlier in the week, but oil prices slide as markets digest persistent inflation, prospects of recession and monetary policy outlook
The streaming giant’s financial were mostly strong, but added only 1.75 million subscribers in the first quarter and also delayed a broader crackdown on password sharing for Q2
Watch today’s US Open for commentary on the strong economic data from China, the elevated wage figures from the UK, the upcoming earnings from Netflix and Tesla and more
Risk Warning: Our service includes products that are traded on margin and carry a risk of losses in excess of your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved.
Exchange: ${getInstrumentData.exchange}
${getInstrumentData.bid} ${getInstrumentData.divCcy} ${getInstrumentData.priceChange} (${getInstrumentData.percentChange}%) ${getInstrumentData.priceChange} (${getInstrumentData.percentChange}%)
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.