Market News

The Japanese Yen could be in for a bumpy ride this week with Fed Chair Powell set to testify and a Bank of Japan meeting amongst other data could be pivotal for USD/JPY direction....

The Dow Jones and S&P 500 rallied as the US Dollar fell last week. Ahead, the RBA, BoC and BoJ set rates. Markets also await Jerome Powell’s testimony and non-farm payrolls data....

The speculative frenzy that triggered a rally in the S&P 500 and Nasdaq 100 this past week could end if U.S. labor market data beat estimates and bolster Fed rate hikes expectations....

GBP/USD is preparing for some price volatility next week including UK GDP, Fed Chair Jerome Powell and US NFP data...

ISM Services PMI was virtually unchanged in February, clocking in at 55.1 from 55.2 in January, a sign that the economy remains extremely resilient despite rapidly rising interest rates....

The German Dax has defended the 15500 psychological level after industrials and healthcare allowed the index to recover from the heated inflation data over the past week....

EU PMI data generally fell below rather lofty estimations, maintaining optimism that Europe may escape a recession in 2023. ECB Interest rate expectations hit 4%...

Sterling continues to battle against a strong US dollar but one closely-followed long-term technical indicator is giving cable some support....

Spot gold continued its march higher this morning following a pause yesterday as positive Chinese data and a weaker USD fuel the rally...

Inflation is back from the dead but it’s sobering to recall that, not so long ago, deflation was deemed by far the greater threat. Maybe now’s a good time to ask which is worse for an economy?...