OANDA Archives - Page 11 of 33

Yen spikes, EC downgrades eurozone growth

By Craig Erlam A relatively quiet start to the week from an economic data perspective, but we saw some decent moves in the markets, particularly in the Japanese yen. The yen jumped

12th September 2023

Markets/World

BoE pause may not be as far away as thought

By Craig Erlam A big couple of weeks are in store for the Bank of England and Friday’s figures may support the case for a more balanced debate on September 21,

8th September 2023

Markets/World

RBA on hold, Chinese sluggish recovery

By Craig Erlam The Australian dollar fell further Tuesday morning despite the RBA holding interest rates steady and warning that further tightening may be necessary. The central bank warned that while inflation

5th September 2023

Markets/World

Great week for Fed on strong US jobs data

By Craig Erlam If you’re a Federal Reserve official, you’ll find it hard not to be very pleased with the way this week’s gone from a labour market data perspective. The JOLTS

1st September 2023

Markets/World

Eurozone core inflation falls further, weighs on yields and euro

By Craig Erlam Eurozone economic indicators on Thursday have been something of a mixed bag, although traders seem enthused on the back of them, rather than disappointed. We’ve seen regional data over

31st August 2023

Markets/World

US data highlights weakness in economy

By Craig Erlam The recovery in equity markets stalled on Wednesday as traders eyed the big economic releases in the week. The ADP and revised GDP numbers may attract some attention, but

31st August 2023

Markets/World

JOLTS data pulls US yields lower, Fed will hope for more

By Craig Erlam As we near the end of the summer, activity will start to pick up again and that may begin this week in the build-up to Friday’s jobs report. With

30th August 2023

Markets/World

FTSE outperforms amid sterling weakness and falling UK yields

By Craig Erlam The pound was on the decline again on Thursday, having fallen over the last couple of days on the back of some worrying economic figures from the UK. Whether

25th August 2023

Markets/World

Rate expectations pared back as PMIs point to recession

By Craig Erlam European stocks gave back the bulk of their gains Wednesday as flash PMI data points to a possible recession over the remainder of the year. The UK readings were

23rd August 2023

Markets/World

UK to see more progress on inflation

By Craig Erlam Recent UK economic data has been a mixed bag, with wages rising at a much-accelerated rate, but inflation decelerating as expected. While the Bank of England will be relieved

23rd August 2023

Markets/World