Market News

The Australian Dollar consolidated today after a bumpy ride through the Bank of Canada rate hike along with other currency pairs as the market contemplates a surprise lift by the Fed next week....

A quiet US economic calendar overnight shifted much of the market focus to Bank of Canada (BoC), who became the second central bank to deliver a hawkish surprise this week....

Crude oil prices consolidated going into Thursday after a bumpy start to the week as markets reassess the outlook when monetary policy is stagnant. Will the range break for WTI?...

The Dow Jones gained while the Nasdaq 100 sank amid rising government bond yields in the developed space following unexpected rate hikes this week. Will the mood sour further ahead?...

Gold and silver prices retreated on Wednesday, weighed down by higher U.S. Treasury yields. Precious metals could remain biased to the downside if rates extend their upward trek....

The U.S. dollar wobbled on Wednesday, despite a rise in U.S. Treasury yields, but its outlook is turning more positive given shifting monetary policy expectations....

The BoC have followed the RBA and surprised with a 25bps hike. The Bank did remove language hinting at further hikes if needed. Is it the end of the hiking cycle from the BoC?...

Chinese exports unexpectedly weakened in May hitting the world’s 2nd largest economies’ trade balance hard. With Chinese growth struggling, copper may find it difficult to push ahead in the coming weeks....

Gold prices have partially recovered after Friday’s NFP inspired decline but struggle for a clear directional bias. Longer-term trend remains bullish ahead of the FOMC...

President Erdogan’s appointment of a new Finance Minister has seen expectations rise around a policy pivot. WIll Erdogan follow through this time around…?...