Market News

Profit-taking was the name of the game on Thursday, as traders braced for top-tier U.S. data releases, the U.S. elections, and the end of a trading month.

Evidence of moderating inflation, strong consumer prospects, and better-than-expected weekly initial jobless claims data supported USD demand during the U.S. session.

The Bank of Japan kept rates unchanged at 0.25% but surprised markets with a more hawkish tone, suggesting increased confidence in the economic outlook.

It was another volatile day in the financial markets, as currencies and asset classes dealt with a handful of top-tier catalysts. Check out the latest headlines driving price action!

Australia’s inflation may have cooled in Q3, but components of the report point to an extended period of tight monetary policies. What’s up with that?!

Market correlations appeared to be out of sync in the latest trading sessions, as crude oil had its own thing going while U.S. equities reacted to earnings data.

Will the BOJ sit on its hands for yet another meeting? Here’s what markets are expecting for the upcoming central bank announcement!

Do you think Australia could post another hotter-than-expected CPI report and keep hawkish RBA expectations in play? Check out these potential support zones on AUD/NZD and AUD/CHF!

Will the upcoming Australian CPI release reinforce the RBA’s monetary policy stance? Or will the inflation numbers convince policymakers to change their bias in their next meeting?

The coast was clear in terms of top-tier economic releases on Monday, but there was no shortage of major moves among major asset classes. Check out the headlines that are driving price action.

As the BOJ, global data releases, and U.S. jobs take the stage, traders will be sizing up each report for clues on future rate paths and growth momentum.

Rising U.S. yields and geopolitical tensions dominated this week, driving safe-haven flows and broad dollar strength. We’re detailing how the major currencies moved around!

We saw a tug-of-war between rising bond yields and safe haven flows, as investors digested mixed data, inflation and geopolitical concerns, and election-related uncertainties.

The market spotlight was on global flash PMI reports, which printed mixed results across major economies. How did asset classes and currencies fare?

The flash PMI readings from the eurozone painted a mixed picture of the economy, as improvements were seen in Germany but France reported a slowdown in both manufacturing and services sectors.

The major assets were all over the charts on Wednesday. U.S. Treasury yields continued to rise, boosting the U.S. dollar higher and dragging gold prices lower.

BOC cut its interest rates by 50bps in October as inflation hit the central bank’s targets. How exactly did the Loonie react to the news?

France, Germany, and the Euro Area are printing their October PMIs this week! What are the markets expecting and how may the releases affect the euro’s intraweek trends?

There were no major data releases, which left the major assets exposed to current market themes and increasing concerns about the U.S. economy.

Major assets saw volatility despite a lack of top-tier data. Oil was supported by escalating Middle East tensions, while gold dipped after hitting fresh record highs.