Catch up on the latest trends and updates in the financial and forex markets with our daily blog posts. We break down key movements, currency changes, and market shifts, giving you a clear picture of what's happening in real-time. Stay on top of the news and get the info you need to make smart financial decisions.
Peace negotiations between the US and Iran are progressing well and oil prices are tumbling fast. The energy crises appears to be coming to an end and attention now turns to economic matters.
Read more →Markets search for direction, as peace negotiations continue in Switzerland, between Iran and the USA. No major economic data releases were forthcoming and reads on inflation will be largely ignored, now the energy crises is seemingly over.
Read more →Trading closed out the week on a positive note, following the Memorandum of Understanding signed between Iran and the US, allowing the Strait of Hormuz to reopen. Peace negotiations will now begin to ascertain if a lasting peace can be reached.
Read more →The Fed left rates unchanged, steadying the ship under the new Chairman, who is expected to bring change to the Fed. The Fed Chairman did not release interest rate projections, as the Fed has been doing, while expect many other big changes.
Read more →The Fed, under the new Warsh leadership, left interest rates unchanged. The presentation has changed, as has the semantics, which will reflect a complete overhaul of the Fed and their ‘raison d’etre’. Warsh carries the promise of an overhaul of the Fed and this may be the first public step.
Read more →Oil prices continue to tumble, falling down to US$75/barrel, surging market confidence and seemingly killing the inflationary threat. The RBA decided to leave rates unchanged, citing the inflationary threat as lower, due to tensions easing in the Middle East.
Read more →Peace in the Middle East appears to be upon us, with a ‘MOU’ signed between Iran and the USA, which will be officially signed by the end of the week. Oil prices tumbled to around US$80/barrel, while equity markets soared, applauding the milestone.
Read more →US Markets closed out the week strongly, as an agreement was said to have been reached between the warring parties, Iran and the USA. Oil prices crashed back to US$84.50/barrel, while equities surged and the US Dollar relented. The EUR headed back towards 1.1600, while the GBP regained 1.3400.
Read more →Equity markets surged back and bond yields relented, following the decision by POTUS to suspend scheduled attacks on Iran. Trump deferred any military actions, as the Iranian were scrambling to make concerted efforts, to settle peace.
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