Market News

The latest IMF World Economic Outlook – A Rocky Recovery – sees global output falling in 2023 with advanced economies hit the hardest....

USD/JPY looks to rise as the new BoJ Governor vows to stick with easing monetary policy for now with price action and technicals also supporting further short-term gains....

Gold prices remain cautious ahead of some key US economic data tomorrow with today’s interest firmly set on Fed speakers....

Oil prices remain pressurized as growing concerns around global demand and a further rate hike from the Fed weigh on prices. Will we see the price gap created by the OPEC announcement finally close?...

GBP/USD starts the session on the front foot and back above 1.2400. Early US dollar weakness is helping the move ahead of important US releases on Wednesday....

The AUD is trading higher this morning after a positive China/Australia deal may remove tariffs on local barley while Westpac consumer confidence beat estimates....

The US Dollar gained on Monday as liquidity came back online and markets fully absorbed Friday’s non-farm payrolls report. Will DXY’s momentum hold ahead?...

Gold begins the week on the back foot, dragged down by the rally in the U.S. dollar and the increased likelihood of a May FOMC rate hike, but maintains a bullish medium-term outlook....

The U.S. dollar rallies on Monday, boosted by rising U.S. yields and risk-off sentiment, with traders looking ahead to a key U.S. inflation report that could define the Fed’s near-term rate path....

USD rate expectations price in multiple rate cuts for 2023 while the yen appears poised to capitalise on its safe-haven appeal and possible policy normalisation...