Commentary
Add as a preferred source on GoogleQuotes from Societe Generale Cross Asset Research: -The big news overnight was a jump in the HSBC China manufacturing PMI to 50.1 from 49.7.That helped equities (they hardly needed any, to be fair), and supported the ris…
Quotes from Societe Generale Cross Asset Research:
-The big news overnight was a jump in the HSBC China manufacturing PMI to 50.1 from 49.7.That helped equities (they hardly needed any, to be fair), and supported the risk mood generally AUD/USD is set to break back above 0.80, and AUD/NZD is edging higher.
-Softer US rates stopped the USD/JPY advance, but rallying equities will help and we still want to be long GBP/JPY tactically.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
