AUDUSD – buoyant labor market helps Aussie
Employment in Australia increased in August by 30,9k, surpassing expectations for a rise of 27,2k and July’s 25k. It is yet another...
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2010-09-08 09:41
XTB market snapshot
USDJPY – verbal interventions (won’t make things better for the yen)
In line with our expectations, USDJPY made fresh 15 years lows, this time at 83,31. While we see some...
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2010-09-07 09:15
XTB market snapshot
AUDUSD – RBA on hold, Labor party forms government
As expected, RBA didn’t change interest rates, citing uncertainty in global prospects. Weaker US economy and steps taken by...
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2010-09-06 09:34
XTB market snapshot
Equity markets – contrarians up for the second month?
Believers in seasonality on Wall Sreet have hard times. Not only August tuned out poor despite being historically good, but...
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2010-09-03 09:29
XTB market snapshot
Labor market – weak, but to what extent?
The US macro didn’t deliver many upside surprises in the past 3-4 months so anxiousness among investors at the beginning of the week...
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2010-09-02 09:36
XTB market snapshot
Equity markets – unexpected rise in the ISM
Despite a significant deterioration in the regional activity indices (especially in the region of Philadelphia) the national ISM snapped a...
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2010-08-31 09:24
XTB market snapshot
Global markets – fear of the data
Optimism following BB’s speech in Jackson Hole faded rapidly as the markets look ahead towards a calendar full of important, and scary,...
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2010-08-30 09:33
XTB market snapshot
Bernanke pledges to tackle deflation risks
BB’s speech in Jackson Hole, a key event of the previous week delivered what was expected by the markets – a pledge to combat...
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2010-08-27 09:26
XTB market snapshot
Equity markets – claims stronger, but…
Initial claims declined last week to 473k from (upwardly revised) 504k. The equity markets reacted positively but were far from euphoria....
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2010-08-26 09:20
XTB market snapshot
US macro, US500 – more disappointments but equities hold supports
There wasn’t any good reason for the new home sales to drop in July as it was the case with the used home...
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2010-08-25 09:38
XTB market snapshot
US macro – no doping, no recovery
The US used home sales in July plummeted to 3,83 mln (annualized) from (revised downwards) 5,26 mln in June. The drop was partly attributed to the...
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2010-08-24 09:18
XTB market snapshot
No data, key answers
Monday didn’t bring about any serious news, except some mergers stories which were hoped to boost a sentiment a little bit. However, after Friday’s slide, a...
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2010-08-23 10:55
XTB market snapshot
US macro – claims beyond the GDP
In theory, the preliminary release of the US GDP is the figure of the week. In fact, the market already expects a significant downward revision (from...
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2010-08-20 09:30
XTB market snapshot
US macro – the worst in 2010
The US labor market was stagnant in the first half of the year but now – unexpectedly – shows signs of deterioration. Initial claims for the...
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2010-08-19 09:23
XTB market snapshot
BoJ considering further expansion
The data on the Japanese GDP for the 2 nd quarter we described on Monday ( http://www.xtb.com/strona.php?komentarz=16185 ) was bound to bring forth...
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