Market News

The forces of anticipation are once again overpowering the influence of aimless thematic pressures. It isn’t that interest rate speculation and recession discounting aren’t important to the market. Rather there isn’t clarity on either but heavy anticipation for Thursday’s CPI and Friday’s ...

The US Dollar’s support breakout remains lackluster after Fed Chair Jerome Powell’s speech offered little information on monetary policy, leaving markets focused on CPI data later this week....

Stocks put in a reversal mid-day in yesterday session but were able to grasp on to key supports today. The next major driver is CPI on Thursday....

US fundamental themes and the Dollar continue to exert an exaggerated influence on the major FX market. However, with growing speculation of the Fed’s rate potential slipping; can two of the top ‘carry currencies’ stand to benefit? We focus in on the Australian and New Zealand Dollar crosses....

The US Dollar has run into a major spot of support and EUR/USD has just set a fresh seven-month-high....

Global equities have steadied after a strong rally, buoyed by USD weakness. With Dax futures falling from the recent high of 14894, bullish momentum has subsided prices lower....

Banks are expected to issue profit warnings for 2023 ahead of their Q4 earnings reports later this week. S&P 500 fails to follow through on bullish momentum...

Gold prices remain around seven-month highs on hopes that the vast bulk of US interest rate hikes is now behind us....

The recent EUR/USD rally has seen the pair print a fresh multi-month high with US dollar sellers in charge of the move...

WTI crude is trading at a key area of confluence ahead of Jerome Powell’s speech....