The Reserve Bank of Australia has raised its cash rate by 25 basis points to 4.60%, taking borrowing costs to their highest level since 2011. The decision was widely anticipated, with the RBA pointing to persistent inflation pressures and a willingness to tighten policy further if required. However, the Australian dollar has struggled to build […]
(D1/H4) time frame. The analysis uses only the Overbalance methodology, which helps identify points where a trend may continue or where a trend reversal may occur. GBPUSD GBPUSD has been trending upward for quite some time, but recently we have seen a marked deepening of the downward correction. After reaching a high around 1.3660, the […]
Francesco Pesole at ING says EUR/USD downside risks have increased after dovish comments from European Central Bank (ECB) President Christine Lagarde, which widened SOFR-ESTR spreads and tempered expectations for an October ECB hike. Lagarde comments pressure Euro outlook “The euro held up relatively well yesterday considering the slew of dovish-leaning comments by ECB President Lagarde, […]
Lee Hardman at MUFG highlights that the Australian Dollar has slipped back below 0.7000 against the US Dollar, testing the 200-day moving average near 0.7030. Despite the RBA’s fourth rate hike this year to 4.60% and its commitment to tackle persistent inflation, Governor Bullock’s cautious remarks on whether policy is restrictive enough have tempered expectations […]
Taiwan’s consumer confidence index increased to 68.77 in September 2026 from 65.01 in the previous month, marking the highest reading since March 2025. Confidence strengthened across all six core sub-indicators, including domestic economic conditions (87.02 vs 81.20 in August), household finances (82.64 vs 78.12), stock investment prospects (35.42 vs 27.72), durable goods purchases (93.78 vs […]
US natural gas prices are stabilizing around $3.12/MMBtu after a two-day decline, with the market balancing increased gas availability following the return of the Mountaineer XPress pipeline against stronger LNG feedgas demand and continued hot-weather support. The fundamental picture remains mixed. Production is running near record levels, while LNG demand is increasing and hotter-than-normal temperatures […]
Sweden’s Economic Tendency Indicator increased for a fifth straight month to 107.1 in September 2026 from 105.1 in August, marking its highest reading since May 2022 and indicating stronger-than-normal sentiment in the economy. The Business Sector Indicator rose to 109.3 from 107.5, with confidence strengthening in construction and services, while manufacturing was broadly unchanged at […]
Japan’s 10-year government bond yield slipped to around 3.08% on Tuesday, retreating from 30-year highs after the latest 40-year bond auction drew its strongest demand since 2020 amid elevated yields. The bid-to-cover ratio rose to 3.1, up from 2.82 at the previous auction and above the 12-month average of 2.67. Japan’s 40-year yield traded above […]
Australia’s 10-year government bond yield fell below 5.4%, pulling back from its highest level since mid-2011, despite the central bank’s fourth interest rate hike this year. In a unanimous decision, the Reserve Bank of Australia raised its cash rate by 25 basis points to 4.60% as widely expected, bringing the policy rate to its highest […]
Sweden’s household confidence indicator climbed to 102.2 in September 2026 from an upwardly revised 98.4 in the previous month. It marked the highest reading since December 2021, as households’ assessment of the economy over the past 12 months turned positive (4 vs -14 in August), although expectations for the coming year became slightly more negative […]