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.
US equity markets retraced off record highs, taking a breather, or perhaps recognising ‘too late’ Powells warnings that the US share markets are overvalued? The USD Current Account contracted by the largest amount in US history, as imports crashed.
Read more →US equity markets continue to rally to new record highs, supported at long last, by the Fed’s monetary policy. The cut last week and the signal of more to come, have lit a fire under the US share markets. In contrast, the Peoples Bank of China left rates unchanged, cruising along.
Read more →Equity markets closed out a strong week of gains last Friday, following the much anticipated rate cut, by the Federal Reserve. The real injection of confidence came from the Fed’s projected pathway forward, with three more rate cuts, scheduled for this year.
Read more →The exuberance following the Fed’s rate cut and three further projected rate cuts, this year, mellowed in markets overnight. US Bond Yields returned to previous levels and the US Dollar rebounded strongly.
Read more →The Fed cut rates 25 basis points, in line with expectations, and signalled there would be two more rate cuts this year. This was enough to trigger a big rally on Wall Street, with equities surging and bond yields tumbling.
Read more →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.
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