The pound remains vulnerable to further selling as worse than expected retail sales data adds to the post-BoE selling. Later, subdued UK PMI forecasts add to the mix...
JPY dropped against USD after the BOJ kept its ultra-loose policy settings and maintained the target around 0% and the cap of 1.0% for the 10-year bond yield. What’s next for USD/JPY?...
Major US indices are finding themselves at a critical juncture, with the S&P 500 and the Nasdaq 100 back to retest their respective key support levels....
The Bank of Japan will announce its September monetary policy decision on Friday. No changes are expected, but the institution may subtly signal that a shift in the strategy is looming on the horizon....
The ‘Hawkish” Fed pause put an end to an excellent rally for Gold this week. The precious metal dropping around $30 since the FOMC meeting with further downside growing more likely in a higher rate environment....
The ZAR’s reaction to the SARB policy statement was relatively muted as the decision was in line with consensus, and guidance from the central bank was mostly like that issued in the previous meeting...
The BoE voted 5-4 to hold rates steady, pointing to a softer labour market, falling business sentiment and progress on inflation. GBP repricing takes effect as sterling drops...
The Fed’s ‘hawkish pause’ has sent markets into a tailspin, with stocks falling as investors contemplate the prospect of a much longer period of higher interest rates in the US. ...