U.S. ISM Manufacturing PMI Dipped in February as Tariffs Concerns Weighed
The February U.S. ISM manufacturing PMI fell from 50.9 to 50.3, short of expectations at 50.6, as businesses adjusted to tariffs uncertainty.
Read MoreThe February U.S. ISM manufacturing PMI fell from 50.9 to 50.3, short of expectations at 50.6, as businesses adjusted to tariffs uncertainty.
Read MoreU.S. tariff policy developments were a major factor driving market sentiment & fx flows, followed by business & consumer sentiment updates shaking up sentiment as well.
Read MoreTrump’s surprise tariff moves rattled investor confidence, pushing stocks lower and fueling a dollar rally, while oil prices bucked the trend with gains on supply concerns.
Read MoreIt was another light day in terms of top-tier economic releases, but that didn’t stop major asset classes and currencies from chalking up big moves.
Read MoreAustralia’s January inflation landed right at the RBA’s target midpoint, triggering a quick Aussie dollar dip before it steadied. What’s up with that?!
Read MoreData flow was relatively light in the latest trading sessions, leaving the market spotlight mainly on geopolitical headlines, as well as mid-tier U.S. reports. Here are the updates you need to know.
Read MoreMarket correlations were a bit of a mess on Monday, as commodities like gold and crude oil caught strong gains while U.S. equities closed in the red. Here are the latest updates you need to know.
Read MoreWho’s ready for the first round of revisions on the U.S. GDP report? Better read up on what markets are expecting for the event and how the dollar could react.
Read MoreGeopolitical developments continued to be a driving force in the markets, initially triggering some risk-on flows before sentiment data turned traders sour on Friday.
Read MoreDollar bears painted the town red throughout the day while crude oil rallied and reversed on supply and demand dynamics. Here are the latest headlines you need to know!
Read MoreThe markets were all over the place on Wednesday as traders priced in top-tier economic updates, shifting central bank expectations, & new tariff threats.
Read MoreAustralia’s labor market reported stronger than expected hiring growth of 44K in January versus expectations of a 19.4K gain, buoyed by robust full-time employment.
Read MoreThe Reserve Bank of New Zealand (RBNZ) cut its Official Cash Rate (OCR) by 50 basis points to 3.75% in their February meeting, marking its third consecutive substantial rate reduction.
Read MorePrice action got livelier at the return of U.S. and Canadian traders, though the major assets still took cues from individual catalysts.
Read MoreCAD initially slipped after CPI data came in as expected, but firm core inflation and rising oil prices helped it regain ground on Tuesday.
Read MoreThe Reserve Bank of Australia (RBA) lowered its benchmark interest rate by 25 basis points to 4.10%, marking its first rate cut since late 2020.
Read MoreAfter the BOE’s “dovish split” decision earlier this month, market watchers are on the lookout for data that could tilt the odds in favor of more rate cuts.
Read MoreTraders focused on global headlines and the possibility of increased defense spending by NATO allies amid Russia-Ukraine peace talk preparations.
Read MoreGlobal currency market analysis for February 17-21, examining trade policy impacts, central bank shifts, and key economic data implications.
Read MoreThe market spotlight was mainly on U.S. inflation figures this week, but that didn’t stop other economic updates and headlines from making big waves. Here’s how the major currencies fared.
Read MoreIf a man empties his purse into his head, no man can take it away from him. An investment in knowledge always pays the best interest.Benjamin Franklin