The Federal Government budget deficit widened by $171 billion in August as the fights over the debt ceiling and infrastructure rage on.
The New Zealand Dollar may see some weakness versus the US Dollar after data showed that electronic card spending fell in New Zealand last month as Covid lockdowns hit consumption.
The update to Australia’s Employment report may drag on AUD/USD as job growth is expected to contract for the second time in 2021.
Long-end US Treasury yields are likely to rise over the medium term. This could weigh on the Nasdaq index and trigger a sell-off in certain ETFs such as IEF or TLT.
The turn through the middle of September promises another week of important data releases.
Find out how to use the Consumer Price Index to make informed trading decisions.
The Australian Dollar fell as the Fed’s Beige Book got a sombre response and a taper-minded ECB meeting came into view. Will it bring risk assets like AUD/JPY some reward?
The break above the January high (1.2881) in USD/CAD may continue to reflect a change in the broader trend as an inverse head-and-shoulders pattern takes shape.
Litecoin Spikes Over 30% on Walmart Annnouncement. However, Reverses After Tweet is Deleted
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