Market News

Spot Gold continued to probe the psychological $1900/oz level yesterday after red-hot US data. Will the NFP report provide the catalyst for a sustained break lower?...

The crude oil price is scoping new highs as inventories drop and the US economy continues to track along at a clip with jobs data prompting a potentially more hawkish Fed. Where to for WTI?...

The Japanese yen found some bids after Japanese wages rose significantly more than expected, lowering the hurdle for the Bank of Japan to tweak its ultra-loose monetary policy. What is the outlook for USD/JPY, EUR/JPY, and AUD/JPY?...

Resilient labour market conditions and persistent services sector’s prices were not well-received by Wall Street yesterday, as the data called for a hawkish bias in Fed’s policies....

Gold prices fall and approach an important Fibonacci support zone as U.S. Treasury yields rally violently following strong U.S. economic data. Attention now turns to the June NFP report....

The S&P 500 falls as U.S. Treasury yields soar above their March high following better-than-expected U.S. economic reports, including private sector payrolls and ISM non-manufacturing data....

The US dollar rallied after solid ISM services PMI data signaled a robust US economy leaving more room for future Fed rate hikes....

The Japanese Yen is pushing higher today on a combination of risk-off flows and growing expectations that the MoF may soon intervene to prop up the currency....

The Bank of England (BoE) Decision Maker Panel raised hopes of lower inflation moving forward but not enough to halt another rate hike from the Central Bank in July. Further gains in store for GBP?...

Gold prices remain stuck with the prospect that global interest rates have further to rise. Against that backdrop, non-yielding assets will struggle...