Indices worldwide were given a lift by US inflation data yesterday, which showed a slower pace of price growth, easing the pressure on the Fed to raise rates again....

EUR/USD is back to highs seen at the end of March last year, while EUR/GBP is probing lows last seen just under a year ago....

The UK economy continues to surprise as GDP is now estimated to be 0.2% above its pre-covid levels from February 2020. Given that further hikes are expected, are recessionary fears justified?...

Gold rebounded after US inflation slowed more than expected in June, reinforcing market expectations that the US Federal Reserve is nearing the end of its tightening cycle. To what extent could gold rise?...

Lower-than-expected read in US inflation suggests that the tightening cycle from the Fed thus far are having its desired effect in moderating pricing pressures....

Crude oil prices leapt to higher ground after US CPI printed lower than forecast and led to hopes of a less restrictive Fed. The US Dollar collapsed in the aftermath boosting commodities....

Gold prices rally as weaker-than-expected U.S. CPI figures lead to a sharp drop in nominal yields and the U.S. dollar. Meanwhile, EUR/USD soars past technical resistance, reaching its best level since March 2022....

The Bank of Canada raised interest rates by 25 basis points to 5.00% and indicated that progress on the inflation front will slow going forward, a sign that the tightening cycle may not yet be over....

US inflation fell more than expected with headline and core beating estimates. This may be a sign that the Fed are winning the fight but unlikely to deter the Central Bank from a hike at its upcoming meeting....

The Pound continues to garner strong support from the view that UK interest rates have much further to rise...