Forex binary option trade forex binary option


Aussie falters as CPI misses estimate

But inflation climbs into RBA’s target range Despite headline CPI coming in below economists’ forecasts, it crawled into the RBA’s 2-3% target range for the first time in over a year. Headline CPI rose 2.1% y/y in Q2, up from 1.9% in Q1 but just below estimates of a 2.2% increase. Trimmed mean CPI, the […]

Yuan’s fall extends to a fourth straight day

PBOC weakens yuan by most in two years at daily fix China’s central bank weakened the yuan by the biggest single daily devaluation since June 2016. While the direction of spot USD/CNH could in some way be attributed to the rampant US dollar, there is some conjecture in the market that the devaluation is part […]

Equities shrug off trade tariff tensions

Is the negotiating table being dusted off? Was it a storm in teacup? Equity markets across Asia shrugged off yesterday’s post-tariff announcement weakness and are trading in the black through the Asian session. Nikkei225 rose 0.95%, Australian stocks rose 0.68% and even China shares managed gains of 2.30%, recouping all of yesterday’s losses. What has […]

Investors turn risk-averse on tariff war escalation

US announces list of next tariff targets The US close was looking hunky dory, with equity markets aiming for a higher close as there appeared to be a lull in trade war rhetoric, once the first salvos had been fired last weekend. Then BOOM! Headlines that the US was set to announce the list of […]

Aussie advances as retail sales data beat estimate

A mixed bag of Australian data AUD/USD was given a boost in lackluster trading in Asia after Australia’s retail sales came in stronger than forecast in May. Sales rose 0.4% m/m, the same gain as posted in April, but it was higher than the estimate of a 0.3% increase. On a more bearish note, the […]

EUR extends rebound on EU summit deal

EUR bounces as EU leaders reach agreement on migration News that leaders at the EU summit had reached an agreement on migration issues drove the EUR/USD higher in morning trade in Asia. This cemented the small up-move seen yesterday after European CPI figures ticked up for the second straight month. No doubt the news will […]

Kiwi slides on dovish RBNZ meeting

RBNZ to keep expansionary rate climate At today’s monetary policy meeting, the Reserve Bank of New Zealand opted to keep its official cash rate (OCR) unchanged at 1.75%, a move that had been unanimously expected by analysts. In the accompanying statement, the RBNZ said it expects to keep the rate at this expansionary level for […]