Market News

Oil prices face renewed selling pressure as a combination of hawkish Central Banks and rising recessionary fears weigh on prices. Is a retest of the YTD low on the cards?...

​​Outlook on FTSE 100, DAX 40 and S&P 500 as further rate hikes lie in store....

The euro is on offer this morning as German and EZ PMI’s miss forecasts while risk aversion augments the downside move....

Gold’s fall below key support confirms that the multi-week upward pressure has faded as hawkish central bank rhetoric and improving broader risk sentiment diminish the safe-haven appeal of the yellow metal....

Fed Chair Jerome Powell reiterated his hawkish tone but Wall Street seems to be taking it in stride this time, with the S&P 500 and Nasdaq overturning their three-day losing streak....

USD/JPY rallied on Thursday, breaking above Fibonacci resistance, and rising to its best levels since November 2022. Meanwhile, AUD/JPY struggled for direction, with the pair only eking out tiny gains....

EUR/USD has revealed a preference for an upside move as Powell’s persistence around further, more moderate hikes reduce dollar demand...

Gold remains mired despite some less hawkish than expected testimony from the Fed’s Powell...

The Bank of England (BoE) hiked rates by 50 basis points today, by a majority of 7-2, as the central bank reiterates its commitment to driving down inflation...

President Erdogan seems to have come to terms with the idea of policy normalization. Can USD/TRY fall back toward the 20.0000 handle on potential hawkish forward guidance?...