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.
The latest round of US trade negotiations with China, went well, according to Treasury Secretary Scott Bessant. It appears an agreement over the ownership and management of TikTok, has also been settled.
Read more →Markets oscillated, ahead of the key FOMC meeting, this Wednesday. The Fed and the Bank of England are anticipating important interest rate decisions this week, although only the Fed is expected to make cuts.
Read more →A mixed end to a week dominated by inflation and growth. US CPI inflation was up, but in line with expectations, green-lighting the Fed to cut rates this coming week. This week will be dominated by speculation over the Fed’s rate cut, the extent and impact.
Read more →US CPI inflation was hot, rising from 2.7% to 2.9%, but crucially in line with expectations. This was enough to trigger a rally in equities, while bond yields and the US Dollar tumbled. The EUR jumped to 1.1740, despite the ECB holding rates steady, while the GBP spiked to 1.3570.
Read more →US PPI wholesale inflation data, eased more than expected, setting the table for tonight’s CPI inflation reading. US CPI inflation is expected to come in at 2.9%, so anything around this number, or lower, will ensure Fed rate cuts become almost a certainty.
Read more →US Department of Labor, released a record revision lower, of the all-important Non-Farm Payroll numbers. It appears that job numbers were overstated by nearly one million jobs under the previous Biden administration.
Read more →Japanese PM Ishiba resigned over the weekend, setting up a new generation of Japanese leaders to take over, which the equity market rally seemed to welcome. In Europe, the French Government looks set to fall, as the budget is a vote of confidence.
Read more →US Non-Farm Payrolls missed expectations by a wide mark, increasing fears of an economic downturn in the USA, but driving up expectations of a rate cut by the Fed. Markets had already priced in a rate cut by the Federal Reserve, but the weakness in the labour market all but ensures this will happen.
Read more →Warning signals are flashing in bond markets across Europe and the US. The dire fiscal position in the UK has seen the 30-year bond yield reach worrying levels, while the French budget/confidence vote looms and has the potential to bring down the Government.
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