The continued gains from Apple come amid reports that the company may launch the iPhone 14 and iPhone 14 Pro sooner than planned. According to reports, the iPhone 14, iPhone 14 Max, iPhone 14 Pro, and iPhone 14 Pro Max, three new Apple Watch models and AirPods Pro 2 may …Czytaj więcej
Risk appetite continued to surge with Wall Street closing sharply higher on Friday ahead of the long Memorial Day weekend. Worries that an aggressive FOMC policy posture with officials intent on destroying growth to curb inflation have been dissipating. USD down from Friday’s highs (USDIndex 101.39) as Fed …Czytaj więcej
The economic data from the United States were released at the beginning of the session giving weakness to the US Dollar.
Q1 GDP fell to -1.5% vs -1.3%; the previous data was marked at -1.4%. This fall is the result of several factors: inflation above 8% (40-year highs) slowing …Czytaj więcej
USD holds at highs and on standby for US CPI later, Stocks stalled their recent declines, Yields cool a tad as talk of Treasury rout also cools with 10-yr back under 3.00%. Oil paused its 9% slump on EU Oil ban and OPEC talk of capacity issues. Gold under $1850…Czytaj więcej
USD and even more so the Yen struggled as risk appetite returned and safe haven flows abated. RBA minutes point to further tightening ahead. The minutes to the last meeting revealed that policy makers discussed three possible options for the rate hike they delivered, and that while the majority opted …Czytaj więcej