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Australian monthly CPI due today - what to expect and why its not official
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Australian inflation data for April 2025 is due at 1130 Sydney time:
- 0130 GMT
- 2130 US Eastern time
This is CPI for the month of April alone and is not viewed as complete or official. Nevertheless, it's a guide.
CBA on what to expect, in breif:
We expect a 2.3%/yr outturn, slightly lower
than the 2.4%/yr in March
. Driving outcomes will be the higher annual increase in health insurance premiums and
strong
expected
travel demand, to be offset by lower fuel prices.
- We expect 2.3%/yr, slightly lower than the 2.4%/yr in March
- Driving outcomes will be the higher annual increase in health insurance premiums and strong expected travel demand, to be offset by lower fuel prices.
Westpac:
- forecasting a 0.3% rise in the April Monthly CPI Indicator which will take the annual pace down to 1.9%yr.
- Being the first month of the quarter April provides an update on quarterly prices for clothing & footwear, maintenance of dwellings and furniture & household equipment. The first month of the quarter focuses on goods prices so we have to wait for the second and third month of the quarter to get the quarterly updates on services.
***
I've posted this info before, but ICYMI:
In Australia, the Consumer Price Index (CPI) measures the average change over time in the prices paid by households for a fixed basket of goods and services. Traditionally, the Australian Bureau of Statistics (ABS) has published CPI data quarterly, providing comprehensive insights into inflation trends.
To offer more timely information, the ABS introduced a Monthly CPI Indicator in October 2022. This monthly indicator includes updated prices for around two-thirds of the items in the CPI basket, offering a more frequent snapshot of inflation. However, it is less detailed than the quarterly CPI, as it covers fewer items and provides data only at the national level. The monthly indicator includes aggregate headline CPI, trimmed mean, each of the 11 CPI groups (e.g., clothing & footwear, health), and some selected expenditure classes (e.g., automotive fuel, new dwelling costs, rents, domestic and international travel, and some food categories).
While the monthly CPI indicator follows similar trends to the quarterly CPI, they are not identical. This is because, when prices are collected less frequently than monthly, the monthly CPI indicator assigns price changes to the month they are collected, whereas in the quarterly CPI series, price changes are allocated across the entire quarter. Therefore, the average of the index in the three months for the monthly CPI indicator will not equal the index of the quarterly CPI.
In summary, the monthly CPI indicator provides more frequent updates on inflation trends, while the quarterly CPI offers a more comprehensive and detailed analysis.
This article was written by Eamonn Sheridan at www.forexlive.com.By: Liam
Posted on : May 28 2025
Crypto Current
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Analyst Weekly: May 26, 2025 While AI devours electricity like it’s on an all-carb diet, nuclear energy’s making a comeback. Meanwhile, Bitcoin’s hit ATH, tariffs got personal, and long-term bond yields sent a global warning flare. Now you’ve got a market rethinking where to park capital next. AI’s Power Hunger Fuels Nuclear Renaissance Remember when…
The post Crypto Current appeared first on eToro.
By: Marcus Sinclair
Posted on : May 27 2025
EUR/USD H4 Price Action Bullish Momentum Continues
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EUR/USD Price Forecast Memorial Day Liquidity Effects EURUSD, known among forex traders as “Fiber,” is one of the most actively traded currency pairs globally, representing the Euro against the U.S. Dollar. Today’s fundamental landscape is significantly shaped by speeches from ECB President Christine Lagarde and Bundesbank President Joachim Nagel. With both expected to maintain a […]
The post EUR/USD H4 Price Action Bullish Momentum Continues appeared first on Capitalcore LLC.
By: Marcus Sinclair
Posted on : May 26 2025
Trump’s Tariffs and The Bigger Forex Picture
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Trump’s Tariffs the EU’s Fragile Unity and the Bigger Forex Picture Understanding the EU and tariffs with forecasts for the EurUsd and UsdJpy by...
By: Jason
Posted on : May 25 2025
Is Mega-Cap Tech Making a Comeback?
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The Daily Breakdown takes a look at the rebound in tech, specifically within the Magnificent 7, as this group is powering the recent rally. Before we dive in, let’s make sure you’re set to receive The Daily Breakdown each morning. To keep getting our daily insights, all you need to do is log in to…
The post Is Mega-Cap Tech Making a Comeback? appeared first on eToro.
By: John Matthews
Posted on : May 24 2025
World indices overview: news from US 30, US 500, US Tech, JP 225, and DE 40 for 22 May 2025
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There is a decline in global stock indices, with some even reversing the trend to a downward one. Find out more in our analysis and forecast for global indices for 22 May 2025.
US indices forecast: US 30, US 500, US Tech
- Recent data: initial jobless claims came in at 229 thousand
- Market impact: since the reading was in line with the forecast and did not show an unexpected jump or decline, it is unlikely to have a direct impact on the market
Fundamental analysis
The indicator remained unchanged from last week, aligning with analysts’ expectations. This indicates a stable labour market, with neither deterioration nor improvement seen at this stage. A reading below 250-270 thousand is considered healthy for the US labour market, with resilience around 229 thousand confirming that layoffs are not getting bigger yet.
A 20-year US Treasury bond auction for 16 billion USD was disappointing. Demand was sluggish as investors wanted to buy bonds at lower prices. Bond yields surged to 5.047%, above the expected 5.035%, marking the second time in history when 20-year securities yielded more than 5%.
US 30 technical analysis
The US 30 index broke below the recently formed support level at 41,940.0, with resistance shifting to 42,850.0. It was premature to talk about an uptrend. With the situation in the US 30 uncertain, it is too early to draw conclusions before the price consolidates below the breached support level.
The following scenarios are considered for the US 30 price forecast:
- Pessimistic US 30 forecast: if the price consolidates below the previously breached support level at 41,940.0, the index could fall 40,750.0
- Optimistic US 30 forecast: a breakout above the 42,850.0 resistance level could drive the index to 43,890.0
US 500 technical analysis
The US 500 index began to correct. The support level has shifted to 5,640.0, with resistance formed at 5,960.0. The price is likely to undergo a minor correction without a trend reversal and continue its upward trajectory. The current uptrend may become medium-term.
The following scenarios are considered for the US 500 price forecast:
- Pessimistic US 500 forecast: a breakout below the 5,640.0 support level could send the index down to 5,355.0
- Optimistic US 500 forecast: a breakout above the 5,960.0 resistance level could propel the index to 6,085.0
US Tech technical analysis
The US Tech index has formed a resistance level at 21,435.0, while the support line has moved to 19,980.0. The price is hovering above the 200-day Moving Average, signalling potential further growth. The current movement may develop into a sustainable medium-term uptrend.
Scenarios for the US Tech index price forecast:
- Pessimistic US Tech forecast: a breakout below the 19,980.0 support level could push the index down to 19,150.0
- Optimistic US Tech forecast: a breakout above the 21,435.0 resistance level could boost the index to 21,800.0
Asian index forecast: JP 225
- Recent data: Japan’s trade balance showed a deficit of 115.8 billion JPY
- Market impact: this may lead to a decline in stock indices in the short term, especially in industrial and technology sectors
Fundamental analysis
Japan’s trade balance shows the difference between exports and imports. A positive balance (surplus) means the country sells more than it buys, typically indicating strong foreign trade. A negative balance (deficit), as in this case 115.8 billion JPY, shows that imports exceed exports.
This data is highly negative for the Japanese stock market in the short term as it can trigger sell-offs in export-dependent sectors, increase pressure on the yen, and add to market volatility in anticipation of comments from the government or the Bank of Japan.
JP 225 technical analysis
The JP 225 index left a medium-term sideways range, breaking above the 38,130.0 resistance level. This could signal the beginning of a bullish reversal. However, a false breakout is possible. A new resistance level formed at 38,765.0, which strengthens the signs of an upward movement.
The following scenarios are considered for the JP 225 price forecast:
- Pessimistic JP 225 forecast: a breakout below the 36,590.0 support level could push the index down to 33,820.0
- Optimistic JP 225 forecast: a breakout above the 38,765.0 resistance level could drive the index to 39,625.0
European index forecast: DE 40
- Recent data: Germany’s PPI was preliminarily -0.6% in May
- Market impact: lower producer prices may be perceived as a signal of easing inflationary pressures
Fundamental analysis
A decline in the PPI increases the likelihood that the ECB will continue or accelerate monetary easing (for example, interest rate cuts). Policy easing is a favourable factor for the stock market as it reduces borrowing costs and encourages investment.
Investors will keep a close eye on macroeconomic data such as CPI, PMI, and exports to assess the sustainability of the German economic recovery. A protracted decline in prices could also be a signal of weakness in the real economy, especially in the manufacturing sector, potentially negatively impacting industrial, export, and capital goods stocks.
DE 40 technical analysis
The DE 40 stock index formed a resistance level at 24,100.0, with support at 23,440.0. The price is now declining as part of a correction. A new growth cycle could continue.
The following scenarios are considered for the DE 40 price forecast:
- Pessimistic DE 40 forecast: a breakout below the 23,440.0 support level could send the index down to 22,245.0
- Optimistic DE 40 forecast: a breakout above the 24,100.0 resistance level could propel the index to 24,345.0
Summary
Following a disappointing 20-year US Treasury bond auction, most global indices started a corrective decline. The US 30 has broken below the support level again, poised to reverse the emerging uptrend. The fall in the JP 225 index was driven by a negative foreign trade balance, which is an adverse signal for the entire Japanese economy.
By: Lucas Bennett
Posted on : May 23 2025
Tesla (TSLA) Shares Rebound on Musk’s Comments
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According to media reports, speaking via video link at the Qatar Economic Forum, Elon Musk stated that he plans to: → remain Tesla’s CEO for another five years; → reduce his focus on politics, saying he feels he has already done enough; → increase his stake in the
By: John Matthews
Posted on : May 22 2025
LyondellBasell: a high-yielding dividend value trap or an opportunity for contrarian feedstock shifts?
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LyondellBasell’s ($LYB) recent stock performance highlights significant changes in the polymer giant’s financial fundamentals, market position, and strategic initiatives since I sold my entire position at $94.11 about a year ago. In this short form blog post I want to provide an answer to whether current share price levels reflect the changed business (environment) enough,…
The post LyondellBasell: a high-yielding dividend value trap or an opportunity for contrarian feedstock shifts? appeared first on eToro.
By: John Matthews
Posted on : May 21 2025
Weekly market recap & what's ahead - 19 May 2025
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Weekly Market Recap & What's Ahead
19 May 2025 (recap 12 to 16 May 2025)
Market Recap
Headlines & Introduction
Markets rallied on significant easing of US-China tariffs but ended the week cautiously amid Moody's downgrade of US debt. Tech and luxury sectors initially surged, driven by AI developments and tariff optimism, but mixed macroeconomic data kept investor sentiment wary. Bitcoin maintained record-high levels despite volatility in crypto-related equities. Volatility indicators eased notably, signaling reduced immediate market anxiety despite looming economic uncertainties.
Equities
- US stocks surged sharply Monday (May 12) as US-China trade tensions eased, lifting the Nasdaq (+4.35%), S&P 500 (+3.26%), and Dow (+2.81%). Tesla (+6.8%), Amazon (+8.1%), and Apple (+6.2%) led gains (May 12). On Tuesday (May 13), chipmakers boosted the Nasdaq further, with Nvidia up 5.6%. Conversely, UnitedHealth plunged 17.8% due to CEO exit and guidance concerns. By Thursday (May 15), markets were mixed; GE rose 2.8% on Boeing deal optimism, while UnitedHealth fell another 11% on regulatory concerns.
- Europe rallied Monday (May 12), especially luxury brands like LVMH (+7.5%) and Kering (+6%). By Wednesday (May 14), luxury reversed sharply (LVMH -2.2%, L'Oreal -3.3%), amid tariff and macro concerns.
- UK equities had mixed results; FTSE 100 climbed notably on Friday (May 16) by +0.57%, supported by National Grid (+3%) and AstraZeneca despite weaker days earlier in the week due to corporate setbacks.
- Asia markets rose initially but ended weaker. Japan’s Nikkei declined on Friday (May 16) by -0.5%, impacted by weak GDP data (-0.7% YoY).
Volatility
VIX sharply declined throughout the week, marking lows unseen since early April, closing at 17.24 on May 16 (-3.3%). Short-term indicators (VIX1D, VIX9D) dropped significantly, reflecting decreased immediate fear despite Moody’s US debt downgrade.
Digital Assets
Bitcoin sustained high levels around $102,438 (May 16) despite volatility, reaching a record weekly close near $106,500. Ethereum followed Bitcoin closely but faced sharp pullbacks on May 16 due to Coinbase's (-7.2%) cyberattack news. Crypto stocks were mixed, yet Coinbase (+9%) and CIFR (+21.8%) outperformed significantly by week-end.
Fixed Income
US Treasury yields fluctuated, spiking early in the week as the 10-year reached the key psychological 4.50% on Tuesday (May 13). Moody’s downgrade of US debt triggered another surge late Friday, pushing the 30-year yield briefly to 5.0% again. German 10-year Bund yields closed at 2.59% (May 16) before weekend developments.
Commodities
Gold prices dropped early in the week amid decreased safe-haven demand but rebounded notably after Moody’s downgrade of US debt, settling around USD 3,200. Crude oil prices remained volatile yet largely range-bound, driven by geopolitical events and supply concerns, trading near USD 66 (May 13).
Currencies
The US dollar strengthened initially on tariff relief optimism but weakened significantly after the Moody’s downgrade. The Japanese yen gained strength notably, trading near 145.00 (USDJPY, May 16) following weak Japanese GDP data, signaling possible policy interventions.
Key Takeaways
- US-China tariff truce initially boosted equities but sentiment moderated post-Moody’s downgrade.
- VIX declined substantially despite ongoing macroeconomic uncertainties.
- Bitcoin maintained strong institutional support, achieving record-high weekly closes.
- US Treasury yields rose sharply on credit downgrade concerns, highlighting ongoing fiscal worries.
- Commodities exhibited mixed trends, with gold rallying post-downgrade and crude remaining volatile.
Looking Ahead (19 to 23 May 2025)
- Monday: US leading economic indicators; earnings from Trip.com, Ryanair; Fed Vice Chair Jefferson speaks.
- Tuesday: Earnings from Home Depot, Palo Alto Networks, Toll Brothers; multiple Fed speakers.
- Wednesday: Earnings from TJX, Lowe’s, Snowflake, Target; Fed Governor Bowman speaks.
- Thursday: Initial jobless claims, Existing home sales; Intuit, Ross Stores, Ralph Lauren report earnings.
- Friday: New home sales data; earnings from Booz Allen Hamilton.
Retail earnings and housing market data will provide critical insights into consumer and economic health, while Fed speakers will offer guidance amid interest rate policy scrutiny.
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By: Sarah Williams
Posted on : May 20 2025
Key Stories from the past week: Trump trade talks & UnitedHealth plunge
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Broader market sentiment eased early last week as US/China talks seemed to show progress. Shipping shares received a jolt & softening geopolitical tensions reduced support for haven assets, while equity benchmarks advanced in a risk-on move that has S&P 500 eyeing the $6000-level again. A USDJPY reversal amplified throughout the week, the UnitedHealth share-plunge continued, and President Trump made headlines securing deals in Middle east. Read more below: The Art of the Deal – Trump in Middle East
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US-China trade truce only emphasizes timeless investing truths UnitedHealth in freefall
Shares of UnitedHealth plunged to a 5 year low as multiple adverse headlines hit the company throughout the week. There was a surprise resignation of the CEO while the firm also suspended 2025 guidance. This was then followed by news of a US justice department investigation into criminal Medicare fraud.
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USDJPY reversal a green light for USD bears?
By: Sarah Williams
Posted on : May 19 2025