Market News

USD/CAD is roughly 0.4% higher for the day thus far ahead of Canadian and US manufacturing PMI’s respectively....

China/Hong Kong equities appear to be in the early stages of base building amid hopes of further stimulus. What is the outlook and what are the levels to watch in the Hang Seng Index and the CSI 300 Index?...

The Australian Dollar eventually ran lower after the RBA decided to keep the cash rate unchanged at 4.10%. The softer than forecast quarterly CPI appears to have been the catalyst. Where to for AUD/USD?...

The chances of a smaller interest rate hike at the Bank of England’s (BOE) meeting on Thursday are growing as UK price pressures appear to be finally moderating from elevated levels. What is the outlook for GBP/USD, GBP/AUD, and GBP/NZD?...

Wall Street drifts higher overnight, as sentiments remain largely on its cautiously optimistic state ahead of more big tech earnings releases and the US job report this week....

Crude oil prices had a stellar month in July as underlying the dynamics of potentially less supply and more demand come to fruition. The structure of the WTI might also be supportive....

US equities are set to rise in July as the Fed nears peak rates. Better-than-expected US data reignites hopes of a soft landing ahead of Apple and Amazon Q2 earnings...

Indices enjoyed a strong few days last week, with both the Dax and Dow reaching new highs for the year, while the FTSE 100 closed in on 7700 once more....

The ZAR has given up some of Friday’s gains as concerns around the Chinese economy gained traction while South Africa’s balance of trade data disappointed....

In the second quarter of 2023, seasonally adjusted GDP increased by 0.3%, according to a preliminary flash estimate published by Eurostat....