Market Pulse
India 
17 Sep BirthMarketPulse is a continuous monthly tracking survey of household purchases in urban and rural India.
India 17 Sep Birth
Australian dollar higher, wage growth dips lower
The Australian dollar has extended its gains on Wednesday. AUD/USD is up 0.24%, trading at 0.6642 in the European session at the time of writing. Has Australia’s wage growth peaked? Australian wages rose less than expected in the first quarter, a sign that inflationary pressures may be easing. The w
USD/JPY jumps as US inflation drops more than expected
The Japanese yen has posted gains on Wednesday. The yen gained as much as 1% but has given up about half of those losses on the day. At the time of writing in the North American session, USD/JPY is trading at 155.73, up 0.45%. US dollar slips as US CPI drops to 0.4% US headline inflation didn’t drop
USD/JPY steady as Japanese economy contracts
The Japanese yen climbed as much as 0.85% earlier on Thursday but has pared most of those gains. USD/JPY is trading at 155.38, up 0.31% in the European session. Japan’s economy contracted in the first quarter. GDP declined by 2% y/y in the first quarter, following a revised 0% reading in Q4 2023. Th
EUR/USD – USD/JPY – USD/CAD Technical Analysis Overview ahead of US CPI and Retail Sales
Talking Points US Consumer Price Index – US CPI US Retail Sales EUR/USD Daily Chart – Technical Analysis USD/JPY Daily Chart – Technical Analysis USD/CAD Weekly Chart – Technical Analysis US Consumer Price Index – US CPI The core CPI, which excludes Energy and food products, came in at 3.8% in March
Euro edges lower after ECB’s financial stability warning
The euro has posted slight losses on Thursday. EUR/USD is down 0.20%, trading at 1.0860 in the North American session at the time of writing. ECB warns of risks to financial stability The ECB’s Financial Stability Review expressed concern that financial stability could be affected by the possibility
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GBP/USD outlook: Bulls are taking a breather after five-day rally
GBP/USD Cable eases from new multi-week high (1.2700) on Thursday, as bulls faced headwinds from significant resistances at 1.2700 zone, provided by the top of daily Ichimoku cloud and Apr 9-10 tops. In addition, overbought conditions on daily chart prompted traders to partially collect profits from
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AUD/USD gains ground ahead of wage growth
The Australian dollar has posted gains on Tuesday. AUD/USD is up 0.19%, trading at 0.6620 in the North American session at the time of writing. Australian wage growth expected to remain unchanged Australia’s wage growth for the first quarter is expected to remain unchanged. Wages rose 4.2% in the fo
EUR/USD steady as German confidence index rises
The euro is drifting on Tuesday. EUR/USD is up 0.07% on Tuesday, trading at 1.0798 in the European session at the time of writing. German inflation steady, confidence higher Germany’s inflation rate remained unchanged in April at 2.2% y/y, matching the market consensus. Services inflation slowed but
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A steeper JGB yield curve may kickstart another bullish leg in the Nikkei 225
Nikkei 225 has undergone a 4-week corrective decline of 10.6% since its 41,088 all-time high printed on 22 March. Nikkei 225 major uptrend phase in place since 4 January 2023 remains intact. BoJ’s recent announcement on its reduction of 5 to 10-year JGBs purchases has led to a spiked up in JGBs yiel
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GBP/USD higher with eye on employment report
The British pound is slightly higher on Monday. GBP/USD is up 0.20%, trading at 1.2549 in the European session at the time of writing. UK job growth expected to slide The UK labor market has held up well despite high interest rates but cracks have appeared and Tuesday’s job report is expected to be
Japanese yen under pressure, BoJ trims bond purchases
The Japanese yen has edged lower on Monday. USD/JPY is up 0.26% on the day and is trading at 156.17 at the time of writing. The yen is coming off a rough week, in which it fell 1.8% against the US dollar. BoJ cuts Japanese government bonds purchases The Bank of Japan started the week with a hawkish
Pull-up Update
