MarketPulse

The market seems to be focused now on growth-related macro data rather than inflation risk. Another softer US retail sales may spark another recession aka hard-landing fear. The rise of the VVIX /...

Gold prices rebounded after a post-CPI selloff, aided by a struggling US Dollar Index. A sustained move above $2500/oz for gold may require an additional catalyst, like geopolitical risks. The DXY...

Rising US crude inventories are putting downward pressure on oil prices, interrupting a six-week slump. Geopolitical tensions in the Middle East and supply issues in Libya could potentially drive...

The New Zealand dollar is down 1% on Wednesday after the Reserve Bank lowered interest rates today. NZD/USD is trading at 0.6017 in the European session at the time of writing. RBNZ Lower Rates for...

Summary: Market expectations for July’s US CPI data release are centered around a 0.2% month-over-month increase and a 3% year-over-year increase. Different CPI outcomes will have varying effects...

US PPI data came in weaker than expected, leading to increased rate-cut bets and a rise in US indices. The Immediate resistance for the S&P 500 is at 5421, with support at 5330. June-August...

New Zealand’s core inflation trend has decelerated at a faster pace than Australia. RBNZ may use tomorrow’s monetary policy meeting to offer dovish guidance and bring forward its projected first...

Unemployment rate fell to 4.2%, with a decrease in both short-term and long-term unemployment. UK wage growth slowed to its lowest level in two years, yet surpassed market expectations. Despite...

Oil prices continue to rise despite OPEC cutting demand forecasts for 2024 and 2025. OPEC is likely to extend production cuts as the October deadline approaches, with Saudi crude oil exports to...

China’s lacklustre core consumer inflation growth for July suggests the current pace of piecemeal stimulus measures is not sufficient to eradicate deflationary pressures. The “non-abating”...

The Australian dollar has started the week in positive territory. AUD/USD is trading at 0.6596 in the European session, up 0.41% on the day at the time of writing. Australian Dollar Recovers as...

US equities rebounded from a selloff earlier in the week, ending slightly higher. However, caution remains due to upcoming economic data releases. The Japanese Yen is heading for its first losing...

Despite a stronger US Dollar yesterday, gold’s upward trend continued, bolstered by the rate cut narrative. The technical outlook for gold indicates further upside potential, with prices possibly...

The Canadian dollar has shined this week, posting gains over the past four days and rising 1%. Will the impressive rally continue? Canadian Job Growth Expected to Rebound Canada wraps up the week...

USD/CAD found support ahead of the Canadian employment data release. Positive US jobless claims data boosted sentiment and USD. Bank of Canada hopes for moderation in the unemployment rate following...

The Australian dollar has had a busy week and is showing strong gains on Thursday. In the European session, AUD/USD is trading at 0.6550, up 0.50% at the time of writing. RBA’s Bullock Says Rate...