MarketPulse

Was OPEC+ correct to cut production as the price tumbles once more?Oil prices are slipping further at the end of the week and looking increasingly likely to close the post-OPEC+ gap. The gap a few...

Canadian retail sales expected to have declined US Services and Manufacturing PMIs projected to have slowed USD/CAD pushes above 1.35 The US dollar is broadly higher today, and USD/CAD has climbed to...

AUD/USD has fallen sharply Fed members continue to urge more rate hikes Fed members say inflation still too highThe Australian dollar has been relatively quiet during the week but is getting pummelled...

European markets are in the red on Thursday in what continues to be a choppy week of trading driven by economic and interest rate uncertainty.We’re now at a pivotal point in the tightening...

Is oil looking to close the gap?We’re continuing to see a correction in oil prices following a more than 2% decline on Wednesday. That saw the price move below the post-OPEC+ cut lows from a...

Australian Business Confidence and Business Conditions fall RBA review calls for overhaul of central bank Governor Lowe says willing to continue AUD/USD is almost unchanged, trading at...

Oil’s worst slide in a month as demand concerns grow Surging yields weigh on gold Binance had a 16,000 bitcoin sell order before the 4 am plunge OilOil prices declined as the dollar rebounded...

Inflation remains a major concern for central banks and recent data highlights how far there is to go, something policymakers will be hoping changes very soon.A major headache for the Bank of...

Oil testing post-OPEC+ gap openOil prices are off almost 2% today and earlier tested the gap open from a couple of weeks ago. That came on the back of the surprise weekend OPEC+ output cut which...

Eurozone inflation fell to 6.9%, while the core rate rose to 5.7% Goldman Sachs (NYSE:GS) expects ECB rate hike in May EUR/USD has fallen 0.50% and is trading at 1.0920 Eurozone inflation drops to...

UK inflation falls to 10.1%, higher than expected BoE likely to raise rates in May Three Fed members will deliver public remarks today GBP/USD is trading at 1.2445, up 0.16% on the day.UK inflation...

China’s GDP expands by 4.5% AUD/USD responds with gains RBA minutes indicate pause was a close call The Australian dollar is showing strong gains on Tuesday. In the European session, AUD/USD is...

Can oil break above the five-month range after OPEC+ cut?Oil is continuing to tread water around the five-month highs, an area it has failed to surpass in the aftermath of the latest OPEC+ output cut....

We’re seeing relatively flat trade again on Tuesday amid mixed economic data from China overnight.The world’s second-largest economy grew by 4.5% in the first quarter as it emerged from...

Energy traders await Key China data Gold down but not out Crypto down on strong dollar and easing banking turmoil OilCrude prices are in trouble as the dollar appears poised for a major rebound as the...

USD/JPY slips to 1-month low US retail sales fall for second straight month Fed members Waller and Bostic urge more rate hikes Japanese yen extends lossesThe Japanese yen took it on the chin on...