HK/China Equities Attempt to Build Base on Stimulus Hopes; Hang Seng, CSI 300 Price Setups

China/Hong Kong equities appear to be in the early stages of base building amid hopes of further stimulus. What is the outlook and what are the levels to watch in the Hang Seng Index and the CSI 300 Index?

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Australian Dollar Whipsaws After RBA Pause Again on Hiking Cycle. Lower AUD/USD?

The Australian Dollar eventually ran lower after the RBA decided to keep the cash rate unchanged at 4.10%. The softer than forecast quarterly CPI appears to have been the catalyst. Where to for AUD/USD?

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British Pound Toppish Ahead of BOE: GBP/USD, GBP/AUD, GBP/NZD Price Setups

The chances of a smaller interest rate hike at the Bank of England’s (BOE) meeting on Thursday are growing as UK price pressures appear to be finally moderating from elevated levels. What is the outlook for GBP/USD, GBP/AUD, and GBP/NZD?

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Wall Street Drifts Higher Overnight, RBA Meeting in Focus: Russell 2000, Hang Seng Index, Brent Crude

Wall Street drifts higher overnight, as sentiments remain largely on its cautiously optimistic state ahead of more big tech earnings releases and the US job report this week.

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Crude Oil Punches Higher as OPEC+ Cuts Bite and Economic Outlook Brightens

Crude oil prices had a stellar month in July as underlying the dynamics of potentially less supply and more demand come to fruition. The structure of the WTI might also be supportive.

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S&P 500, Nasdaq Outlook: US Stocks Embrace Potential ‘Soft Landing’

US equities are set to rise in July as the Fed nears peak rates. Better-than-expected US data reignites hopes of a soft landing ahead of Apple and Amazon Q2 earnings

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FTSE 100, Dax and Dow Look for Further Gains

Indices enjoyed a strong few days last week, with both the Dax and Dow reaching new highs for the year, while the FTSE 100 closed in on 7700 once more.

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USD/ZAR Price Forecast: Rand Softer on Chinese PMI & SA Balance of Trade

The ZAR has given up some of Friday’s gains as concerns around the Chinese economy gained traction while South Africa’s balance of trade data disappointed.

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Euro Area Growth Ticks Higher; EUR/USD Holds Above 1.1000

In the second quarter of 2023, seasonally adjusted GDP increased by 0.3%, according to a preliminary flash estimate published by Eurostat.

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GBP Price Forecast: Pound Readies for BoE

GBP has been on the backfoot of recent against both the EUR and USD but with a likely hike from the BoE this week, the pound may find its footing once more.

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Japanese Yen After YCC Tweak; Has the Trend Changed in USD/JPY, AUD/JPY, EUR/JPY?

The Japanese yen reversed its gains sharply toward the end of last week as the market digested BOJ’s yield curve control tweak. Has the trend changed in USD/JPY, AUD/JPY, and EUR/JPY?

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US Dollar Gains as Yields in JGB and Treasury Markets Rise. Where to for USD?

The US Dollar grabbed the higher ground again today with Treasury yields joining JGBs at a higher level. A firm China PMI read also helped growth-aligned assets in the region. Higher DXY?

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All eyes on China with subdued PMI and more stimulus measures: US dollar, Hang Seng Tech Index, AUD/USD

China’s still-weak PMI read may justify recent efforts by authorities to lift China’s growth picture, as market participants look towards more measures to boost consumption later today.

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Australian Dollar Blipped Up on China Data. Will AUD/USD Continue to Recover?

The Australian Dollar skipped higher immediately after China’s primary manager’s index (PMI) data outperformed estimates before retreating. The RBA lies ahead. Will they hike or not?

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Markets Week Ahead: US Dollar, Euro, Japanese Yen, Australian Dollar, RBA, NFPs

The US Dollar mostly outperformed this past week as the Euro and Japanese Yen fell. Ahead, eyes are on the RBA for the Australian Dollar and US non-farm payrolls data for the Dow Jones.

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Crude Oil Forecast: Attention Shifts to OPEC Production Cuts

Brent crude oil prices look to next week with forward momentum as markets await further information from OPEC their production projections for September.

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Dax Hits New Intraday Record, Dow Edges Higher, Nikkei Holds on After BoJ Decision

​​The Dax rallied to a fresh intraday high yesterday, while the Dow is moving up once more. The Nikkei rallied off its lows after the mixed signals created by the BoJ’s latest policy decision.​

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AUD/USD Price Forecast: Double Top Breaks Aussie Dollar

AUD has suffered at the hands of a strengthening US dollar while Australian retail sales shows a slowing economy as rates hamper consumer spending.

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US Dollar in the Crosshairs as BoJ Tilts Post ECB and Fed Decisions. Lower USD/JPY?

The US Dollar ascendency got back on track after a tumultuous few trading sessions that has seen most of the major global central banks have their say of the future of monetary policy.

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Japanese Yen Drops as BOJ Keeps Policy Unchanged: What’s Next for USD/JPY?

The Japanese yen dropped against the US dollar after the Bank of Japan's (BOJ) kept its ultra-loose policy settings and maintained the cap on the JGB 10-year yield. What’s next for USD/JPY?

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