Market Overview

Cable is trading at the lows after UK CPI data softened more than expected, to 1.7% y/y as figures showed yesterday. his gives the Bank of England room for more rate cuts, potentially weakening Cable...

The US economy continues to defy the recession forecasts that received much attention in the summer. The primary drivers of economic resilience: strong growth in payrolls and consumer spending. By...

Chip stocks hit by selloff after ASML cuts 2025 guidance Dollar stretches gains as pound and kiwi fall on lower inflation Oil steadier amid ongoing ME drama, gold heads towards fresh record Chip...

Gold Gains 0.52% on a Weakening US Dollar Gold (XAU/USD) rose by 0.52% on Tuesday as the US dollar (USD) and Treasury yields declined slightly following weaker-than-expected US manufacturing data. US...

Europe’s biggest company revealed its results a day earlier – by accident – and the results were not good at all. ASML (NASDAQ:ASML) booked about half of the orders pencilled in by analysts last...

Fears of a US recession in the near term have faded recently, but rate cuts are still on the agenda. The combination of a robust economy and expectations for monetary easing strike some observers as...

Both the US dollar and stocks continue moving to the upside as the market speculates that the Fed may slow down its dovish stance, given that the US economy is performing relatively well, unlike...

Gold Declines on Stronger US Dollar and Hawkish Fed Gold (XAU/USD) fell for the second consecutive day on Monday, pressured by a strengthening US dollar (USD) and a less optimistic Fed monetary...

The S&P 500 hit its 46th record high of the year on Monday, defying the recent and uncomfortable combination of stronger-than-expected jobs and higher-than-expected inflation numbers that hint...

Crude oil and AUD struggle on vague Chinese stimulus measures Reports suggest Israel may not attack Iranian oil assets, sending crude sharply lower Overview Already on the backfoot thanks to a lack...

China announces more stimulus details but no word on size of package Attention turns to week’s other events as stocks unimpressed Euro and pound flat as ECB decision and UK CPI awaited China...

Gold and bitcoin have not been overly correlated with any market over the past month Given the quiet data calendar this week, price signals may be more useful when assessing potential trade...

ECB meets on Thursday; markets expect a 25bps rate cut Lots of reasons for a pause, including the lack of staff projections But the ECB might choose to avoid disappointing the markets The euro could...

The S&P 500 finished last week at a fresh record high as the first big bank earnings came in better than expected. JPMorgan (NYSE:JPM) jumped more than 4% and Wells Fargo (NYSE:WFC) rallied more...