Market News

The second estimate of US GDP growth in Q2 saw an upward revision from 2.5% to 3%. However, US resilience has come under pressure, particularly in the labour market of late...

Gold and silver have come off their recent highs as the US dollar nudges higher ahead of the US open. Nvidia results after the US market closes will be key for risk sentiment....

WTI crude nears pivotal $77.40 level and Brent crude shies away from confluence resistance. External factors continue to influence recent moves as Middle East threat eases...

Japanese inflation provided a slight surprise to the upside, helping the yen gain some ground on the dollar. Markets, however, look to Jerome Powell’s speech later today...

Today’s forecast beating Euro Area flash PMIs is underpinning the recent EUR/USD rally as Friday’s speech by Fed chair Jerome Powell nears....

The UD dollar continues to weaken ahead of today’s FOMC minutes and Fed chair Jerome Powell’s Jackson Hole appearance on Friday...

The significant strengthening of the yen added to Japan’s trading deficit in July but economists and the market as a whole still expect another rate hike in December...

The US dollar is trading at levels last seen eight months ago as traders wait for Fed chair Jerome Powell’s Jackson Hole speech later this week....

​​​What to look out for regarding Nvidia’s Q2 earnings result on 28 August 2024.​​...

Gold continues to test, and reject, its previous all-time high at $2,485/oz. and a break higher is being pared by a strong US retail sales report...