Daily Broad Market Recap – May 9, 2024
The spotlight was mostly on the Bank of England’s monetary policy statement, as they decided to maintain rates at 5.25% as expected but still had some surprises up their sleeves.
Read MoreThe spotlight was mostly on the Bank of England’s monetary policy statement, as they decided to maintain rates at 5.25% as expected but still had some surprises up their sleeves.
Read MoreAs expected, the BOE kept interest rates on hold at 5.25% but the more dovish MPC tilt and presser took markets by surprise. How did the pound react?
Read MoreAre folks over in the U.S. financially confident enough to increase spending activity? Or would they rather keep their hands in their pockets?
Read MoreWill this week’s labour market numbers point to further disinflation? More importantly, how may CAD react to the news?
Read MoreWith no major market movers on the scene on Wednesday, it was a perfect chance for the key assets to respond to their individual catalysts.
Read MoreWith the BOE expected to shift to a less dovish tone this time, could there be a case for a Cable bounce? Check out this near-term support area I’m watching ahead of this major central bank event!
Read MoreThe absence of fresh major market themes encouraged asset-specific price action on Tuesday! Which major assets saw volatility? We have the deets!
Read MoreWe’ve got the Bank of England’s (BOE) monetary policy decision coming up on Thursday, plus the quarterly Monetary Policy Report to boot.
Read MoreSo the RBA kept its interest rates at 4.35% as expected. So why did AUD go down and stay down after the announcement?
Read MoreMajor financial assets started the week on a chill note as a lack of market movers gave traders room to prep for this week’s potential catalysts.
Read MoreAction is the foundational key to all success.Pablo Picasso