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.
Manufacturing PMI data out of China and Japan revealed a further contraction into negative territory. This was the theme in Europe, with further declines in Manufacturing PMI in both Germany and France.
Read more →Equity markets closed out November, charging back from losses incurred earlier in the month, due to AI bubble concerns. Risk appetite surged, with further speculation that the Fed will cut rates at their last meeting for the year, on December 9/10th.
Read more →Asian and European equity markets rallied off the back of strong gains in US markets, leading into the Thanksgiving holiday, celebrated overnight in the US.
Read more →US equity markets surged with confidence ahead of the US Thanksgiving holiday, as tech sentiment returns and Fed speculation is more positive. The Fed is now expected to cut rates at their December meeting and hopes rise on the replacement of the Fed Chairman.
Read more →The rebound in tech confidence and AI, allowed a recovery in equity markets, but questions remain. The recent statements by New York Fed Chairman Williams, pointed to a rate cut in December, which was a boost to market confidence and the latest PPI data support that.
Read more →Markets continue to build renewed confidence following the turmoil of the last couple of weeks. The tech sector calmed, following the record beating results from tech sector giant, Nvidia.
Read more →A sharp recovery on the US equity markets Friday, completed an extremely volatile trading week. This was a week dominated by speculation over the AI bubble and the prospect of an extended share market correction, due to a pop in the tech sector.
Read more →AI leading indicator and tech market darling, Nvidia, sparked a massive comfort rally by beating forecast earnings and revenue. The tech mega-giant added sparkling forecasts to future prospects and drove the sceptics into the ether.
Read more →Markets remain nervous, considering the over-investment bubble in AI, or whether it exists at all? The US Dollar attracted more flows, allowing the EUR to retreat to 1.1550, while the GBP slipped to 1.3080.
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