MarketPulse

Oil prices are going to remain heavy as central bank tightening will kill the global growth outlook. ​ Energy traders will keep a close eye on today’s stockpile that might show a modest...

Canadian dollar gets boost from sizzling retail salesCanada’s retail sales are higher than expected Fed’s Powell stays hawkish, signals two rate hikes The Canadian dollar is almost...

BOE raises rates by 50bps to 5.00% (not expected) CBRT raises rates 650bps to 15.00% (less-than-expected) Norges raises rate 50bps to 3.75% (not expected) The European growth picture isn’t...

The Bank of England accelerated its tightening efforts after meeting this week, hiking rates by 0.5% in response to another raft of worrying inflation data.And it’s not just yesterday’s...

The Swiss National Bank slowed the pace of its tightening cycle on Thursday, in line with market expectations but signaled there is more to come.While most central banks would dream of 2.2% inflation...

BoE expected to raise rates at Wednesday’s meeting Powell signals two more rate hikes this year The British pound is calm on Thursday. In the European session, GBP/USD is trading at 1.2786, up...

European stocks are poised to open a little lower on Thursday, tracking moves we saw in the US on Wednesday following Jerome Powell’s appearance in Congress.The Fed Chair appeared before the...

Oil remains choppy but edging towards the upper end of its rangeOil prices remain very volatile as we’ve seen over the last week. Trading has been very choppy as traders have tried to reconcile...

Swiss National Bank expected to raise interest rates on Thursday Fed Chair Powell testifies before Congress Wednesday and Thursday The Swiss franc is showing little movement on Wednesday, trading at...

Dollar drops after 3-day rally Powell remains hawkish; bringing down inflation has a long way to go Fed swaps price in a 69.2% chance of a hike at the July 26th FOMC meeting US stocks declined as Fed...

Canada releases retail sales Fed Chair Powell testifies before a House Committee The Canadian dollar is drifting lower on Wednesday. USD/CAD is trading at 1.3222 in Europe, down 0.10%. The US dollar...

Policymakers at the Bank of England will be scratching their heads this morning wondering what they have to do to get inflation down, with the latest CPI report another setback in the central...

A very choppy start to the week for oil pricesOil prices have been very choppy at the start of the week as traders digest weaker economic prospects against higher Iranian output and a slightly more...

UK core inflation rises in May BoE likely to raise rates on Thursday Fed Chair Powell testifies before House Committee The British pound has edged lower on Wednesday. GBP is trading at 1.2724 in...

NZD/USD is down 1.3% this week New Zealand consumer confidence rises Powell to testify before a House Committee on Wednesday The New Zealand dollar is sharply lower for a second straight day. In the...

OilCrude prices are lower on disappointment with the size of cuts with China’s key lending rates. ​ Oil seems locked in on anything and everything that has to do with China. ​ Last...