Sticky Core CPI Caps AUD Gains, Clouds RBA Rate Cut Outlook
Australia’s April CPI stayed within the RBA’s target band, with core inflation inching higher and complicating the case for another rate cut.
Read MoreAustralia’s April CPI stayed within the RBA’s target band, with core inflation inching higher and complicating the case for another rate cut.
Read MoreThe U.S. dollar had a rocky start but was able to stage a solid comeback later in the day thanks mostly to upbeat U.S. consumer confidence data. Here are the other market updates you need to know.
Read MoreThe RBNZ is slated to cut interest rates for the SIXTH consecutive time this May. Will they signal further easing to come?
Read MoreAfter Trump’s tariffs tantrum last Friday, markets welcomed news that the U.S. agreed to delay additional trade levies on the EU until July 9. Here are the updates you need to know.
Read MoreIt’s gonna be another busy week with key events like the RBNZ rate decision, the FOMC meeting minutes, and the U.S. core PCE index lined up! How can these impact the current themes driving price action lately?
Read MoreThe Japanese yen emerged as the week’s top performer while the U.S. dollar suffered broad weakness amid mounting fiscal concerns and escalating tariff threats.
Read MoreMarkets quickly transformed from quiet trading into risk-off action as mounting fiscal concerns & fresh trade tensions reshuffled thinking on the major assets.
Read MoreThe major assets saw mixed price action as investors priced in flash PMI reports and the U.S. House passing Trump’s tax bill.
Read MoreU.K. inflation surprised to the upside in April, with consumer prices rising at their fastest annual pace since March 2024, driven by higher energy bills and water rates. How did GBP react?
Read MoreRisk aversion dominated as concerns over U.S. fiscal health ramped up. US stocks fell, Treasury yields jumped, USD weakened, gold gained, and Bitcoin broke above $110K as traders looked for non-USD-denominated assets.
Read MoreThe major assets were all over the charts on Tuesday, driven by renewed concerns over U.S. fiscal sustainability and rising geopolitical tensions in the Middle East.
Read MoreRBA cut its rates by 25bps as expected, but the central bank struck a notably more dovish tone than expected, triggering a sharp selloff in the Australian dollar.
Read MoreCanada reported a dip in its headline annual CPI from 2.3% to 1.7% in April, but other measures of inflation beat market estimates. Here’s a closer look at the numbers.
Read MoreMarkets rebounded from early losses sparked by the US credit downgrade, with risk sentiment improving on UK-EU trade progress and ceasefire hopes.
Read MoreThe RBA is widely expected to cut rates in this week’s meeting, but what if they announce a larger than expected 0.50% reduction? Here’s what I’m watching on AUD/JPY and GBP/AUD if this happens.
Read MoreSlightly weaker inflationary pressures are expected to be reflected in Canada’s April CPI figures. Will these be enough to boost easing expectations for the BOC? Or is there a chance we’ll see an upside surprise?
Read MoreWe’ve got another pivotal week ahead with market-moving catalysts like flash PMI readings, RBA rate decision, plus key inflation data from the UK and Canada!
Read MoreRisk assets cheered the U.S.-China trade truce announced early in the week, but optimism appeared to fade and the focus shifted to geopolitical tensions and mostly downbeat U.S. data.
Read MoreRisk correlations appeared to break down again on Thursday, as crude oil took cues from geopolitical updates while dollar traders seemed more wary of weak PPI data and the U.S. budget bill. Here are the headlines you may have missed.
Read MoreAustralia added a lot more jobs than expected in April, but RBA rate cut expectations limited the Australian dollar’s gains in the Asian session.
Read MoreYou have to find your own way. If you think you can copy somebody else’s trading style, it will never work for you.Peter L. Brandt