News
Important Only
RBNZ expected to keep key interest rate unchanged amid increasing rate-cut talk
FxstreetAug 13, 2024
United States API Weekly Crude Oil Stock registered at -5.205M, below expectations (-2M) in August 9
Australian Dollar steady due to hawkish RBA and encouraging data
Canadian Dollar softer on Tuesday but climbs over weakened Greenback
Forex Today: Rate cut expectations look at US inflation data
FxstreetAug 13, 2024
US Dollar gives up ground after disapointing PPI figures
Economic Indicator
RBNZ expected to keep key interest rate unchanged amid increasing rate-cut talk
Market participants are eagerly awaiting the Reserve Bank of New Zealand (RBNZ) interest rate decision, due on Wednesday at 02:00 GMT, as it is expected to be a “close call” for the central bank.Fxstreet
Aug 13, 2024
Economic Indicator
Forex Today: Rate cut expectations look at US inflation data
Further optimism in the risk-linked complex maintained the Greenback under pressure in the first half of the week, while investors got ready for the release of crucial US inflation figures on Wednesday.Fxstreet
Aug 13, 2024
Commodities
Share of Russian material in LME stocks falls for Nickel and Copper and rises for Aluminium – Commerzbank
Meanwhile, concentration is falling elsewhere: according to LME statistics, the share of Nickel stocks of Russian origin fell from 27% at the end of June to 24% at the end of July, and from 27% to 21% for Copper, Commerzbank’s commodity analyst Barbara Lambrecht notes.Fxstreet
Aug 13, 2024
