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.
Markets closed out a very volatile week on a positive note, with US equities booking solid gains and oil coming off recent highs. Tensions remain high in the Middle East, as President Trump threatens to escalate to levels, as yet not seen.
Read more →The Middle East war is ramping up further, with Yemen joining Iran, blockading Saudi Arabia and attacking shipping in the Red Sea. The US has threatened massive retaliation and is said to be considering the use of ground forces.
Read more →The Middle East war extends and escalates, pushing oil prices higher and higher. Oil is charging towards US$90/barrel, with no relief in sight, heading towards a global energy crisis. If there is no resolution, or at least a ceasefire, then energy will drive an inflation crisis.
Read more →US equity markets surged overnight, ignoring the Middle East and instead focusing on the earnings season. ‘Beats’ in corporate earnings is a positive sign and compliments improving economic data. Inflation remains yesterday’s news, to markets, but it could be tomorrows too.
Read more →Markets stabilised overnight, despite military actions in the Middle East, as communications between the adversaries continue. There is hope for a reinstatement of the ceasefire. Oil prices stabilised around US$82/barrel, while global bond yields spiked.
Read more →Markets closed out the week on a gloomy note, as the war in the Middle East extends and escalates. Oil prices are beginning to feel the impact, spiking above US$80/barrel, hinting at another looming energy crises.
Read more →Markets retreated overnight, with equities softening, while bond yields firmed. The US Dollar inched higher, despite the much weaker than expected inflation readings, of both the US CPI and PPI. This takes the pressure off the Fed, to raise rates and perhaps puts them in the rate cut mode.
Read more →US PPI data confirmed inflation was heading substantially lower, allowing bond yields to tumble, along with the US Dollar. The pressure is all but off the Fed, to raise rates at their next meeting, which has surged market confidence.
Read more →US inflation tumbled, far more than was expected by markets, practically eliminating pressure on the Federal Reserve to raise rates. US CPI collapsed, from an annualised 4.2%, to 3.5% p.a.. This allowed bond yields to weaken, along with the US Dollar, while equities remained stable.
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