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.
European markets nosedived overnight, triggered by the potential collapse, of yet another French Government. The minority Government has put the Budget up for a confidence vote, on September 8th (which is likely to fail), bringing down the Government.
Read more →Equity markets took profit, following the big gains booked Friday, triggered by admissions from Fed Chair Powell that rate cuts were due. Powell has resisted unprecedented pressure from the Trump administration to avoid rate cuts, but markets and data are calling the tune.
Read more →Fed Chairman Powell set markets on fire Friday, finally accepting the need to cut rates, buckling under enormous pressure from President Trump. The speech was the keynote address to the Jackson Hole Central Banker Symposium and seemingly accepted economic conditions now demand rate cuts.
Read more →The EU/US trade Agreement, announced recently, had more details publicly confirmed. The EU will remove duties/tariffs on US imports, while paying a flat 15% tariff, on all exports to the US. They have also committed to massive energy purchases and investment.
Read more →Turmoil at the Federal Reserve continues, as one of the Governors comes under pressure to resign, following accusations of mortgage fraud. This was ahead of the important ‘Jackson Hole Central Bank Symposium’ and following the release of the latest minutes, from the Fed.
Read more →Trump extended the 50% tariff on Steel & Aluminium, to 40 related products overnight, deflating market confidence and enthusiasm. Markets await the release of the latest Fed Minutes and the annual Central Bank Symposium, at Jackson Hole, commencing tomorrow.
Read more →A slow start to the week, on the economic data front, so markets were heavily focused on the Ukraine peace negotiations. Following the iconic summit in Alaska between Presidents’ Trump and Putin, Trump meets with Zelensky and other European leaders in the Whitehouse.
Read more →Equity markets closed up for the week, following reassuring inflation data from both sides of the Atlantic, although US PPI did send a couple of warning signals. US Retails Sales were positive, while the University of Michigan Economic Sentiment report, was slightly weaker than expected.
Read more →A hotter than expected PPI number, out in the US overnight, showed wholesale prices hotter than expected. This dampened enthusiasm for rate cuts from the Fed, hinting that inflation may not be completely under control. Equities hit a minor speed bump and the US Dollar rebounded strongly.
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