MarketPulse

Has the US turned a corner on inflation? Earnings may determine whether rally can be sustained Dow testing major resistance level It’s shaping up to be quite a relaxed end to the week, one in...

Stalling at $1,960 Key fib levels remain a big test Gold is also trading marginally higher today and struggling around a notable resistance level, $1,960. It broke through $1,940 yesterday on the back...

US inflation data takes Brent above $80 Chinese trade data disappoints again Momentum appearing to wane Oil prices are a little higher again in early trade, seemingly still buoyed by US inflation...

UK economy posts a small contraction of -0.1% in May Higher rates will damage the economy going forward Sterling rally continues breaking above 1.30 against the dollar The UK economy posted only a...

UK GDP contracts in May but beats estimate British pound hits 15-month high against the US dollar The British pound continues to rally against the US dollar. GBP/USD has risen to 1.3068, up 0.62%. The...

The prospect of a soft landing lifts oil prices Rally builds on efforts by Russia and Saudi Arabia to boost prices A break of $80 could be another big step Oil prices have been understandably lifted...

Recent range highs broken after CPI release Lower inflation could increase gold’s appeal One more rate hike expected from the Fed The US inflation data gave gold just the boost it needed to...

Bank of Canada raises rates by 0.25% US inflation falls to 3.0%, lower than expected The Canadian dollar has posted strong gains in Wednesday’s North American session. In the North American...

New Zealand’s central bank takes a pause after 12 consecutive hikes New Zealand Manufacturing PMI expected to show manufacturing is stalled US inflation expected to decline to 3.1% The New...

Gold appears to have found some support again in recent days after rebounding twice at around $1,900.The US jobs report was one possible risk event that could have triggered a big move in gold, one...

Brent hits one-month high Saudi and Russian cuts supporting recent moves Major barriers of resistance above Oil prices are a little flat today after paring earlier gains. Brent hit a one-month high on...

US June CPI M/M: 0.3%e v 0.1% prior; Y/Y: 3.1%e v 4.0% prior; Core CPI (ex food and energy)M/M: 0.3%e v 0.4% prior; Y/Y: 5.0%e v 5.3% prior Microsoft (NASDAQ:MSFT) gets go-ahead to buy Activision;...

UK unemployment rises to 4% in the three months to May, up from 3.8% Average earnings hit 7.3% (excluding bonus) and 6.9% (including bonus) Markets expect BoE to raise rates another 1.25% UK jobs data...

New Zealand central bank expected to pause after 12 consecutive hikes New Zealand Manufacturing PMI expected to show manufacturing is stalled The New Zealand dollar is lower on Tuesday. In the...

UK employment falls but wage growth remains high BoE Governor Bailey says inflation will fall but more rate hikes needed The British pound has edged upward on Tuesday. In the European session, GBP/USD...

Wednesday’s inflation report expected to show CPI m/m: 0.3%e v 0.1% prior; y/y: 3.1%e v 4.0% prior; Core CPI m/m: 0.3%e v 0.4% prior; Core CPI y/y: :5.0%e v 5.3% prior Fed’s Barr on banks:...