Explore the world.

Assess underlying market conditions and fundamentals in the world's major economies.

World

Stay ahead.

Follow the biggest stories in markets and economics in real time.

Subscribe

Get insight into the latest trends and developments in global currency markets with breaking news updates and research reports delivered right to your inbox.

After signing up, you will receive regular newsletters from Corpay, and may unsubscribe at any time. View Corpay’s Privacy Policy

13 Aug 2024

Positive vibes

• Positive jolt. Soft US producer prices boosted risk sentiment. US equities rose, while bond yields & the USD declined. AUD’s rebound has extended.• RBNZ today. AUD/NZD on the radar. RBNZ meets today. Markets & economists split on whether a cut is delivered. AUD/NZD volatility likely.• Data flow. US CPI inflation out tonight. UK CPI also due. Tomorrow, Australian jobs, the China activity data batch, & US retail sales are released. A subdued US Producer Price Index, a sign upstream inflation pressures are moderating, generated a positive jolt for risk sentiment overnight. US headline PPI rose just 0.1% in July,...

Read More Read More

Markets Steady as Inflation Data Looms

Currency markets are back to treading water this morning, with the dollar remaining effectively unchanged against its major rivals as traders brace for another round of inflation prints. Treasury yields are creeping higher, equity futures are setting up for a positive open, and global oil benchmarks are flatlining even as an Iranian attack on Israel comes into closer prospect. The British pound is trading with a slightly firmer bias after the jobless rate fell unexpectedly, seemingly reducing the impetus for monetary easing from the Bank of England. According to data released by the Office for National Statistics earlier this morning,...

Read More Read More

Data and information on this website is provided “as is” and for informational purposes only. Information on the website does not bind Corpay in any way; nor is it not intended as advice, a recommendation or an offer or solicitation for the purchase or sale of any financial products. Data and other information are not warranted as to completeness or accuracy and are subject to change without notice. All charts or graphs are from publicly available sources, or our proprietary data. Nothing in this material should be construed as investment, financial, tax, legal, accounting, regulatory or other advice or as creating a fiduciary relationship. Corpay disclaims any responsibility or liability to the fullest extent permitted by applicable law, for any loss or damage arising from any reliance on our use of the data in any way. You should contact your Corpay sales representative for clarification on the range of financial instruments available in your jurisdiction. Copyright Cambridge Mercantile Corp. 2022.