• March 6, 2024
  • Market News
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GBP Update: Hunt Decides on National Insurance Reduction Over Tax Cuts

Forecasts from the Office for Budget Responsibility (OBR) restricted Jeremy Hunt’s options his ongoing mission to boost UK growth and reduce government debt...
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  • March 6, 2024
  • Market News
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Euro Gains Again As Markets Look to Big ECB, Powell Double Bill

There’s plenty of action still to come this week for both sides of the modestly bullish EUR/USD pair...
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  • March 6, 2024
  • Market News
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Gold Price Latest: All-Time High Remains Within Touching Distance

Later today Fed Chair Jerome Powell will testify before the House Financial Services Committee and gold traders will be listening carefully....
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  • March 6, 2024
  • Market News
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Crude Oil Prices Struggle As China Growth Plans Fail to Convince

Oil prices remain stuck between still-plentiful global supply and concerns about energy demand in major industrial economies...
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  • March 6, 2024
  • Market News
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Japanese Yen (USD/JPY) on Edge as Signs of Wage Pressures Appear

A second Japanese official has given a mildly hawkish policy outlook, citing fresh wage pressures, bolstering market expectations that a rate hike may be triggered, sooner rather than later....
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  • March 6, 2024
  • Market News
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Bitcoin (BTC) Posts a New All-Time High Before Prices Turn Sharply Lower

The cryptocurrency market jumped and dumped quickly today after Bitcoin set a new all-time high. Further losses ahead or a short-term market correction?...
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  • March 6, 2024
  • Market News
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S&P 500, Nasdaq Ease After Apple and Tesla Send Indices Lower

Apple have been fined $2 million in their anti-trust case in Europe while Tesla’s sales in China dropped 25%, weighing on high-flying indices...
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  • March 5, 2024
  • Market News
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Gold Prices Surge Ahead of Key US Data, All-Time High in Sight

Gold has surged over the last two trading sessions, elevating 30-day gold volatility in the process. Central bank demand for the precious metal is expected to continue in 2024...
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  • March 5, 2024
  • Market News
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Nasdaq Bulls Maintain Upward Trajectory Ahead of US Data, Fed Speakers

The tech-heavy index started the week around Friday’s close but trading appears muted in a week of ‘high importance’ US data including Powell’s testimony and NFP...
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  • March 5, 2024
  • Market News
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USD/JPY Starts Week Strong; Tokyo Inflation, ISM Services, Powell & NFP in Focus

USD/JPY climbs on Monday, driven by rising U.S. yields. This action-packed week features Tokyo inflation, U.S. ISM services data, Powell’s testimony before Congress, and the critical U.S. jobs report – all potential catalysts for FX volatility....
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