MarketPulse

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...

Monday, 5 August significant sell-off in the Nikkei 225 has triggered a potential bullish key reversal inflection week. Citigroup Economic Surprise Index for Japan staged a positive turnaround on...

The Bank of Japan (BoJ) released their summary of opinions, accompanied by bearish comments from BoJ policymakers. Geopolitical concerns could bolster the Yen, but the safe haven appeal might be...

Pullbacks of 5% or more in the S&P 500 are relatively common, having occurred on average three times per year since 1930. Despite a recent market correction, the S&P 500 is still up 10%...

The New Zealand dollar has soared today. In the European session, NZD/USD is trading at 0.6018, up an impressive 1.1% at the time of writing. New Zealand Job Growth Surprises on the Upside New...

Oil prices remain subdued due to recession fears and demand concerns. US stockpiles unexpectedly increased, adding to the bearish sentiment, EIA data out later today. Geopolitical tensions in the...

The USD/CAD pair is declining due to the anticipation of aggressive rate cuts by the US Federal Reserve, which could narrow the interest rate differential between the US and Canada Canada’s...

Gold prices rebounded above $2,400/oz after a dip to $2,364/oz, showing resilience despite a strengthening US Dollar. Gold benefits from expectations of more aggressive rate cuts and its safe-haven...