Monthly Archives: June 2026
US Retail Sales Beat Forecasts, Reinforcing Higher-for-Longer Fed Rate Expectations
Written on June 17, 2026 at 5:23 pm, by josephine
May US retail sales jumped 0.9%, beating forecasts, signaling resilient consumers, delaying Fed cuts, boosting volatility, dollar.
Nvidia Finds Support Near $200 as Hyperscaler Spending Outlook Buoys Bull-Flag Setup
Written on June 17, 2026 at 5:22 pm, by josephine
Nvidia stabilizes near $200 support; bull-flag builds as hyperscaler capex surges, eyeing $208 breakout and highs.
Euro Dips Below 1.1600 as Markets Await Warsh-Led Fed Signals and Rising Geopolitical Risk
Written on June 17, 2026 at 4:53 pm, by josephine
Euro dips below 1.1600 as markets await new Fed chair Warsh; volatility, geopolitics, ECB divergence.
Societe Generale flags dovish Fed risk, favouring short USD/JPY and USD/SEK in G10
Written on June 17, 2026 at 4:52 pm, by josephine
SocGen sees BOJ hike muted; bets short USD/JPY and USD/SEK if Fed turns dovish, EUR weaker hawkish.
UK CPI holds at 2.8% as core inflation edges up, keeping Bank of England outlook in focus
Written on June 17, 2026 at 4:24 pm, by josephine
UK May CPI held at 2.8%, below forecasts; core edged up, but pressures softening, BoE hikes uncertain.
Dollar Treads Water Ahead of Fed as Brent Slips Below $80 and Iran Deal Nears
Written on June 17, 2026 at 4:22 pm, by josephine
FX markets range-bound ahead of FOMC; Brent dips below $80, easing inflation, but Fed stays patient.
South Africa Retail Sales Growth Halves in April, Raising Rand and Rate-Cut Concerns
Written on June 17, 2026 at 3:53 pm, by josephine
South Africa’s retail growth halved in April, signalling weaker consumers, rand pressure, equity risks, and dovish hopes.
MBA mortgage applications drop 3.8% as higher rates weigh on housing and homebuilder outlook
Written on June 17, 2026 at 3:52 pm, by josephine
MBA mortgage applications fell 3.8% after a 10.8% surge, signaling weakening housing demand amid high rates.
G10 rate decisions leave EUR/USD rangebound as euro growth downgrades skew the bias lower
Written on June 17, 2026 at 3:24 pm, by josephine
G10 central bank moves kept EUR/USD rangebound, but weaker Eurozone growth skews outlook lower toward 1.12.
Gold holds near $4,333 as markets await Fed decision, dot plot and Warsh guidance
Written on June 17, 2026 at 3:23 pm, by josephine
Gold holds near $4,332 ahead of Fed decision; options volatility rises as traders await dovish or hawkish cues.
