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 US PCE Inflation indicator confirmed inflation was soft and opened the door for interest rate cuts, from the Federal Reserve, in September. The sacking of Federal Reserve member Cook also aids in that cause, as she was a consistent supporter of ‘Too Slow’ Powell and a hindrance to rate cuts.
Read more →US GDP growth beat expectations, surging to 3.3%, confirming the US economy is hot. The argument is that ‘this may be even hotter if the Fed were to cut interest rates’, but the Fed has resisted, due to inflationary fears.
Read more →Equity markets moved higher, while the USD Dollar and Bond Yields drifted, as confidence flows through markets. The war on the Federal Reserve continues, as Trump seeks to replace uncooperative members, in an effort to force interest rates lower.
Read more →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.
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