MarketPulse

A transition from a Fed “dovish pivot” to a “normalization” pivot may put a halt to this year-end seasonal “Santa Rally” on the US stock indices. Nasdaq 100 momentum and market breadth have weakened...

Yesterday’s significant selloff was inspired by the Fed shifting to a hawkish outlook for 2025. They now plan for only two small rate cuts totaling 0.5% during the year. This change has sparked fresh...

The NZD/USD had a miserable Wednesday, plummeting 2.3%. The pair has reversed directions Thursday and is trading at 0.5659 in the European session, up 0.66% on the day at the time of writing. The New...

GBP/USD is showing little movement on Wednesday. Early in the North American session, the pair is trading at 1.2679, down 0.07% on the day. UK Inflation Climbs to 2.6% Inflation in the UK climbed to...

The FOMC meeting today is highly anticipated due to uncertainty surrounding future US monetary policy. Markets expect a 25 bps rate cut today and a slower pace of easing in 2025 due to...

Gold prices have dropped due to increased US Treasury yields, profit-taking, and the anticipation of a less dovish Fed outlook for 2025. The upcoming Fed meeting and its economic projections,...

The GBP/USD is showing little movement on Tuesday, after jumping 0.57% a day earlier. In the European session, the pair is trading at 1.2698, up 0.13% on the day. UK Wage Growth Higher Than...

The GBP/USD has moved higher on Monday, after declining 1% last week. In the European session, GBP/USD is trading at 1.2747, up 0.30% on the day. UK Services Improves, Manufacturing Slips The UK...

The proposed policies of Trumponomics 2.0 may ignite a further uptick in inflationary expectations in the US. Market-transacted inflationary expectations gauge, the 5-year and 10-year US breakeven...

Markets had a volatile week, with US 100 (Nasdaq 100) reaching new highs and a strong likelihood of a Fed rate cut next week. Major central bank meetings dominate the week ahead. The BoJ faces a...

RBA has shifted to a less hawkish monetary policy stance. The interest rate swaps market has started to price in a higher chance of the first RBA interest rate cut to come in February 2025. The...

The ECB implemented a 25bps rate cut, with some policymakers favoring a larger 50bps cut, and signaled potential for further cuts in the upcoming meetings. The BoE is expected to hold rates at its...

Oil prices continued its steady move higher on Wednesday, up around 2%. This is a slight surprise given that OPEC downgraded its 2024 and 2025 forecasts. OPEC Monthly Report OPEC has cut its forecast...

The USD/CAD is drifting on Wednesday, ahead of the Bank of Canada rate decision later today. In the European session, USD/CAD is trading at 1.4181, up 0.10% at the time of writing. BoC Expected to...

The upcoming US CPI data release on December 11th is a key event for markets, as it could influence the Fed’s decision on interest rates at its December 18th meeting. While a rate cut is widely...

The EUR/USD is slightly higher on Tuesday. In the European session, EUR/USD is trading at 1.0528, down 0.23% at the time of writing. German Inflation Climbs to 2.2% Germany, the largest economy in...