Market News

GBP prices extended its decline today after UK GDP disappointed. Cable now looks to US CPI for guidance....

Focus for US CPI will be on whether a softer core inflation read will be sufficient for the Fed to keep rates on hold ahead, despite a resurgence in headline pricing pressures....

GBP is testing crucial support against the US dollar ahead of UK GDP data due later Wednesday. Which way is the tide for GBP/USD, EUR/GBP and GBP/JPY?...

The gold price edged lower overnight as the market contemplates US Dollar direction and US CPI with the potential to impact Treasury and real yields. Is XAU/USD range bound for now?...

AUD/USD was muted on Tuesday, unable to consolidate Monday’s gains, but continued to forge a double bottom pattern that may have bullish implications for the exchange rate if confirmed....

The U.S. dollar rebounds after steep losses at the beginning of the week. Meanwhile, the Nasdaq 100 slides, unable to consolidate Monday’s gains as traders await the U.S. inflation report for August, which could set the tone for financial markets....

The euro failed to take advantage of a narrow window ahead of US CPI data which is anticipated to rise, providing a potential lift for USD. ECB decision on Thursday...

ZAR prices fell against the US dollar on Tuesday as markets prepare for US CPI that could remain sticky. Rand traders cautiously await a US data-filled week....

USD/JPY, EUR/JPY Resume their run higher following a brief pause yesterday. Despite comments from BoJ Governor Ueda any change in monetary policy remains some way off as wage growth remains the key....

OPEC’s monthly report highlighted no changes to this year and next year’s oil demand growth (2.4mbpd and 2.2 mbpd) but did raise its estimate of non-OPEC supply...