Pippo

Will this week’s U.K. jobs update support the markets’ dovish BOE expectations? Or will they lead to bullish pullbacks for the British pound?

The market spotlight was mainly on U.S. inflation data that prompted traders to recalibrate Fed easing expectations. Here’s how the numbers turned out, as well as the top-tier catalysts that pushed major currencies around.

Global markets rallied this week, driven by softer U.S. inflation data and dovish Fed remarks that pushed Treasury yields down from 14-month highs. Stocks, gold, and bitcoin climbed to fresh peaks, while the dollar faced pressure.

The major assets were all over the place on Thursday, as some assets took a breather from their previous moves while others priced in fresh mid-tier catalysts.

The Australian dollar declined early Thursday despite December’s employment report coming in stronger than expected. What’s up with that?!

Investors were biting their nails ahead of the highly-anticipated U.S. CPI release, leading to plenty of market consolidation before big breakouts were seen. Take a look at the latest economic updates!

Annual core CPI in the U.S. came in cooler than expected, pressuring the dollar, but sticky inflation worries soon lifted USD demand.

The U.K.’s headline inflation rate unexpectedly cooled to 2.5% y/y in December, coming in below expectations & sparking big volatility in the British pound.

What will the upcoming U.S. CPI release imply for the Fed’s short-term policy biases? Here’s what to look out for in the December inflation report.

With the Reserve Bank of Australia (RBA) already shifting towards a more cautious stance, can weaker hiring growth make policymakers even more dovish?