The US stock market has surged to new heights, with the S&P 500 index reaching a record high of 5,325 points and the DJIA index touching...
USD/CAD bounces back to 1.3640 amid a firm recovery in the US Dollar. Fed officials endorse a restrictive policy stance for longer due to weak conviction...
Silver price prints a fresh multi-year high at $30.50 amid firm speculation for Fed rate cuts. The US Dollar falls back as investors see the Fed...
EUR/USD bounces back from intraday low around 1.0830 as the US Dollar retreats. Fed policymakers see one good inflation report as insufficient to change the trend. ECB’s Schnabel...
WTI trades inside Thursday’s trading range ahead of PBoC’s interest rate decision. The oil demand outlook has improved as US inflation softens as expected in April....
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
The Pound Sterling holds gains near 1.2700 amid cheerful market sentiment. UK’s steady wage growth keeps BoE rate-cut context uncertain. An expected decline in the US...
USD/CAD bounces back from 1.3600 on weak Canadian Manufacturing Sales data. The US Dollar faces a sell-off due to an expected decline in the US inflation...
Inflation in the US, as measured by the change in the Consumer Price Index (CPI), declined to 3.4% on a yearly basis in April from 3.5%...
USD/JPY falls sharply to 155.50 amid soft US Dollar. Firm speculation for Fed rate cuts in September keeps the US Dollar on the backfoot. The Japanese...
The Pound Sterling jumps to 1.2600 amid uncertainty over BoE rate cuts and a soft US Dollar. Steady UK wage growth deepens fears of persistent inflationary...
Dow Jones shied away from gains after PPI printed higher than expected. Fed Chair Powell made an appearance to soothe investor nerves after inflation print. US...
AUD/USD moves higher to 0.6620 amid cheerful market mood and a decline in the US Dollar. Stubborn US PPI data fails to boost the US Dollar’s...
USD/JPY rises to 156.50 with eyes on crucial US inflation readings. Investors expect that the fed will start lowering interest rates from September. Japan’s Q1 GDP...
The Pound Sterling remains on the sidelines around 1.2560 after weak UK Employment data. UK employers laid off workers for the third time in a row...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
Canadian Dollar middles as markets focus on Fed rate cuts. Canada issued far fewer building permits than expected in March. Markets continue to bet on two...
EUR/USD moves higher above 1.0780 as the appeal for risky assets improves. The ECB is expected to start reducing interest rates in June. Investors keenly await...
The Pound Sterling holds gains above 1.2500 inspired by strong UK Q1 GDP data. The UK economy expanded by 0.6%, moving out of the recession seen...
New Zealand’s (NZ) inflation expectations extended their decline on a 12-month and a two-year time frame for the second quarter of 2024, the Reserve Bank of New Zealand’s (RBNZ) latest monetary conditions...