• June 30, 2023
  • Market News
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US Dollar Slides as Fed’s Favorite Inflation Gauge Comes Below Expectations

The U.S. dollar, as measured by the DXY index, fell on Friday after U.S. PCE data showed that consumer spending and core inflation rose less than expected in May, giving the Fed cover to be less hawkish....
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  • June 30, 2023
  • Market News
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Gold Price Latest: Testing Support as US Inflation Data Nears

Markets are in wait-and-see mode ahead of the latest US inflation print out later today....
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  • June 30, 2023
  • Market News
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Euro Breaking News: Core Inflation Rises in Europe, Headline Declines

The stickier, core measure of inflation in the Euro Area rose during the month of June but less than expected. Headline inflation continues to make progress...
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  • June 30, 2023
  • Market News
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FTSE 100, DAX 40, and S&P 500 try to end month and quarter on a high

​​Outlook on FTSE 100, DAX 40, and S&P 500 as month and quarter end may generate volatility....
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  • June 30, 2023
  • Market News
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Japanese Yen is on the Slide as the Fed and Bank of Japan Return to their Corners

The Japanese Yen backed away from 145 against the US Dollar after some verbal intervention but interest rate differentials are reaccelerating in favour of USD. How high will USD/JPY go?...
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  • June 30, 2023
  • Market News
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China/Hong Kong Indices Steady After PMI Data: Hang Seng, Shanghai Composite Price Action

China/Hong Kong equity indices were steady amid hopes of a broader stimulus after data showed manufacturing activity in China rose slightly while non-manufacturing activity softened in June. What is the outlook for the Hang Seng Index and the Shanghai Composite Index?...
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  • June 30, 2023
  • Market News
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Asia Day Ahead: Economic Resilience Well-Received in US; Key Inflation Data Looms

A significant upward revision in the final read for US first-quarter GDP data adds to the list of positive economic surprises in the US lately, with economic resilience aiding to calm some nerves around recession concerns, at least for now....
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  • June 30, 2023
  • Market News
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Japanese Yen Setups: USD/JPY Buoyed by US Data, GBP/JPY Wavers at Resistance

This article examines USD/JPY and GBP/JPY from a technical analysis perspective, analyzing possible scenarios in the event that key price levels are invalidated or maintained....
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  • June 30, 2023
  • Market News
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Gold Prices Teeter on Brink of Breakdown as US Yields Fly High Following US Data

Gold prices could head lower in the near term if strong U.S. economic data lead the Fed to deliver additional monetary tightening in the coming months....
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  • June 29, 2023
  • Market News
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Euro Breaking News: German CPI Breaks Disinflationary Trend, Euro Dips

Inflation during the month of June proved too hot, halting progress to the developing disinflationary trend. Euro eases...
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