Crude Oil Breakout; PTJ and Bitcoin; the Fed versus Inflation Fears – The Macro Setup
Are markets too complacent heading into the Fed meeting?
GBP/USD Technical Analysis: One of the Tightest Ranges on Record is Breaking
GBP/USD has been stuck in one of the tightest ranges, ever; this type of quiet is unsustainable and should soon lead to volatility.
Pace of European asset managers’ race for Asia growth heating up
Asia represents 13% of the global investment market, and China’s investable assets may reach $39 trillion by 2025, according to BCG data.
Rakyat’s big stress book not a worry, Negara’s capital resilient
Bank Negara’s capital could endure loan slippages of 49 trillion rupiah under stress, despite lagging larger peers as higher credit costs hit profit.
US Dollar May Extend Gains vs. Euro, Retail Sales and PPI Data Eyed
The US Dollar may continue to push higher against the Euro amid speculation about tapering Fed stimulus after EUR/USD made good on bearish technical cues.
Dynamic opportunities ahead for Asia’s hedge fund industry
Experts discussed the reasons why an increasing number of allocators are looking to Asia as well as the latest macro-environment factors affecting the industry, vital asset allocation considerations and best practices when starting a hedge fund.
US Dollar Technical Outlook: USD/SGD, USD/THB, USD/IDR, USD/PHP
The US Dollar continues to see varied performance against ASEAN currencies. USD/SGD is consolidating. USD/THB may bounce. USD/IDR and USD/PHP could continue lower.
USD/JPY IG Client Sentiment: Our data shows traders are now net-short USD/JPY for the first time since Jun 04, 2021 when USD/JPY traded near 109.52.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/JPY-bullish contrarian trading bias.
AUD/USD Eyes RBA Minutes After Iron Ore Rally Fails to Lift Aussie Dollar
The Australian Dollar may be set for movement on today’s RBA meeting minutes after rising iron ore prices failed to help bolster AUD/USD.
Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead
The US indices await the June Fed meeting for clarity on economic projections, the state of inflation and the probable path of monetary policy. With much on the line, the event could revive volatil…