Market News

Thursday’s session saw equities climb on geopolitical optimism as the Dow hit record highs, while the U.S. dollar slid against most major currencies and crude oil extended its decline.

Though the U.S. NFP report is likely to hog the spotlight on Friday, Canada’s upcoming employment release could still trigger some volatility for Loonie pairs.

May’s ISM Manufacturing PMI hit 54.0, and Services PMI hit 54.5, both beating forecasts. But prices are surging, and employment is contracting.

Friday’s U.S. NFP report could make or break dollar momentum as traders watch for fresh labor market cracks.

Crude oil surged on overnight US-Iran Gulf escalation, snapping the S&P 500’s nine-day winning streak, as strong US economic data broadly reinforced hawkish Federal Reserve rate expectations.

Australia’s weak Q1 GDP print dragged AUD lower as trade deficits and cyclone disruptions reinforced expectations for an RBA pause.

The S&P 500 crossed 7,600 for the first time on AI momentum while Bitcoin shed over 5% and crude oil reversed early losses amid unresolved U.S.-Iran tensions.

Stagflation fears are back as U.S. GDP slows and core PCE inflation holds at 3.3%. Learn what stagflation means and what to watch next.

The U.S. ISM services PMI for May can be influential in setting NFP expectations and dollar direction this week. Here’s what to look out for.

Monday’s markets were whipsawed by shifting US-Iran nuclear ceasefire headlines while a blowout ISM Manufacturing PMI reinforced rate hike speculation and oil surged on Hormuz supply fears.

Bitcoin fell while the S&P 500 touched record highs this week. Here’s why dollar strength is weighing on crypto and what traders should watch.

The U.S.-Iran Hormuz deal whipsawed every market this week: the dollar slipped, gold rebounded, the S&P 500 logged a ninth straight weekly gain, and crude oil collapsed.

Q1 GDP was revised down while core PCE ticked higher, leaving new Fed Chair Warsh with a messy policy puzzle ahead of the June 17 decision.

The upcoming U.S. ISM manufacturing PMI for May will provide one of the earliest glimpses into how the business sector fared. Will we see any surprises in employment and prices that could impact Fed policy?

Thursday’s markets were whipsawed by conflicting US-Iran war headlines, swinging from risk-off on renewed Strait of Hormuz clashes to risk-on on ceasefire extension reports.

Read on to see what the S&P 500’s wobble at record highs is quietly telling forex traders about momentum, resistance, and where risk appetite goes next.

Equities held near record highs Wednesday while Iran deal uncertainty sent oil sharply lower and a hawkish RBNZ surprise drove the New Zealand dollar to the session’s top spot.

Australia’s headline inflation rate eased more than expected in April, pulled lower by a government-driven cut to fuel excise.

The RBNZ held its rates steady at 2.25%, but a committee split and hawkish guidance sent NZD surging. Here’s what new traders need to know.

How is the Fed’s preferred inflation measure holding up these days? Will the U.S. core PCE price index continue to stoke tightening expectations? Here’s what to look out for.