Market News

Asian stocks look set for a subdued open, following a mixed showing in Microsoft and Alphabet’s result releases after-market....

The Fed is expected to raise rates by 25 bp to 5.25%-5.50% at the end of its July meeting, but guidance is likely to be more important to the U.S. dollar and gold’s prospects than rate hike itself, which is already fully priced in....

The Fed’s monetary policy outlook is likely to guide the USD/CAD’s near-term trajectory, but on a longer-term horizon, the pair may continue to trend lower....

The FTSE’s bullish advance has slowed while the DAX consolidates ahead of major central bank announcements as well as top US and UK second quarter earnings reports...

USD/ZAR prices have dropped to a key support level on the back of encouraging Chinese stimulus news but the focus now shifts towards the FOMC tomorrow....

The Bank of Japan’s policy decision on Friday is unlikely to show the central bank shifting its ultra-accommodative policy stance but a nod to higher-than-expected inflation may see the currency strengthen....

Spot Gold is consolidating once more as the DXY continues to rise. Will the FOMC meeting provide bulls with renewed impetus, or will we see a return toward the $1900 handle?...

Euro downside remains across major EUR crosses as poor regional fundamental data drives negative sentiment....

The Nasdaq 100 is edging higher ahead of tech earnings tonight, and the Nikkei is up on hopes of China stimulus. Meanwhile, the CAC40 breakout continues....

GBP has been knocked back by weak UK economic data while the Fed looks to tighten its monetary policy once more. More downside to come for the pound?...