Monthly Archives: June 2026
US pending home sales growth accelerates in May, underpinning higher-for-longer Fed rate outlook
Written on June 18, 2026 at 6:10 am, by
May pending home sales grew 4.8%, signaling stronger housing demand, delaying Fed cuts, boosting yields, homebuilders.
US Business Inventories Rise 0.5% in April, Supporting Steady Stockbuilding and Fed Patience
Written on June 18, 2026 at 5:09 am, by
US inventories rose 0.5% in April, meeting forecasts; sales softened, boosting hedging focus and CPI-driven volatility.
BoJ Rate Rise Fails to Lift Yen as USD/JPY Hinges on Fed Signals and Intervention Risk
Written on June 18, 2026 at 4:40 am, by
BoJ’s expected hike to 1.0% failed to support yen; USD/JPY hinges on Fed outlook and intervention risk.
ECB’s Sleijpen flags second-round inflation risks, investors eye rate volatility, oil straddles and euro calls
Written on June 18, 2026 at 4:39 am, by
ECB’s Sleijpen sees lower odds of 2022 inflation spike, but warns wage-driven pressures requiring higher-for-longer rates.
Tesla broadens beyond EVs as Elliott Wave pullback sets stage for $774 target
Written on June 18, 2026 at 4:11 am, by
Tesla broadens beyond EVs into AI, autonomy, energy, and robotics as Elliott Wave setup targets $774.
USD/CAD Holds Near 1.40 as Oil Slide Weighs on Loonie Ahead of Fed Decision
Written on June 18, 2026 at 4:10 am, by
USD/CAD stays near 1.40 as oil weakness hurts CAD; traders await Fed signals for further upside.
ABN AMRO Sees Fed Rate Cuts From September, Guiding Modest Dollar Weakness Amid Two-Sided Risks
Written on June 18, 2026 at 3:40 am, by
ABN AMRO sees September Fed cuts, gradual easing, and moderating growth driving modest dollar depreciation amid risks.
Sterling Slides to Weekly Low as Softer UK Inflation Bolsters BoE Rate-Hold Bets
Written on June 18, 2026 at 3:39 am, by
Softer UK inflation pushed GBP/USD to weekly lows, boosting expectations the Bank of England holds rates, limiting upside.
Canada New Housing Price Index Drops 2.4% in May, Raising Rate-Cut and Loonie Pressure
Written on June 18, 2026 at 3:10 am, by
Canada’s New Housing Price Index fell 2.4% YoY, fueling dovish BoC cut bets, weakening CAD expectations.
US Retail Sales Beat Forecasts, Lifting Dollar Ahead of Federal Reserve Rate Decision
Written on June 18, 2026 at 3:10 am, by
US May retail sales jump 0.9%, signalling resilient consumers, bolstering dollar, lowering odds of Fed cuts.
