Global Market Weekly Recap: August 19 – 23, 2024
Market players were mainly zoned in on the FOMC minutes & Powell’s testimony at the Jackson Hole Symposium, but gold & oil were also responding to their own catalysts.
Read MoreMarket players were mainly zoned in on the FOMC minutes & Powell’s testimony at the Jackson Hole Symposium, but gold & oil were also responding to their own catalysts.
Read MoreProfit-taking was the name of the game on Thursday as the major assets reversed their intraweek trends ahead of Powell’s keynote speech on Friday.
Read MoreBoth the U.K.’s manufacturing and services PMIs hit multi-month highs in August, lowering the odds of aggressive easing plans from the BOE.
Read MoreJust when it seemed that the Greenback was in recovery mode, it chalked up another day in the red thanks to a couple of major catalysts. How did the rest of the markets fare?
Read MoreThe minutes of the July FOMC meeting confirmed that most policymakers believe it would be appropriate to cut rates in September. How did the dollar react?
Read MoreRisk aversion popped its head back in the markets during the latest trading sessions, pulling equity indices back in the red and leading gold to test record highs.
Read MoreAs widely expected, majority of the inflation metrics in Canada’s July CPI report reflected cooling price pressures for the month. How did CAD pairs react?
Read MoreAs the U.S. dollar hits its lowest point of the year, find out what drove its decline and what else happened in the FX market today.
Read MoreMarket players seem to have woken up on the right side of the bed this week, as risk-on vibes led to strong gains for equities and higher-yielding currencies on Monday.
Read MoreWith the Bank of Canada (BOC) already in its easing era, will the upcoming Canadian CPI figures convince policymakers to announce another rate cut soon?
Read MoreThe Fed is under the spotlight with the FOMC minutes and Jackson Hole events, while global inflation and PMI updates could influence risk sentiment.
Read MoreEconomic data surprises, risk sentiment plot twists, and central bank speculations made for a busy trading week for the major currencies!
Read MorePositive economic data and rate cut talks helped fuel a risk-friendly environment for risk assets this week. How did your favorite assets trade?
Read MoreDollar domination was the name of the game after the U.S. printed strong retail sales figures. How did the rest of the currencies and asset classes perform?
Read MoreThe uptick in Australia’s unemployment rate was overshadowed by components showing underlying strength. How did the Aussie react?
Read MoreThe RBNZ took the spotlight early in the day, but data releases from the U.K. and the U.S. soon drew attention to other market themes. How did your favorite assets trade on Wednesday?
Read MoreLook out for potential intraday moves on AUD pairs this week, as the Land Down Under is gearing up to print its July jobs figures.
Read MoreThe New Zealand dollar dropped sharply earlier today and, no, it’s not because your trading platform suffered a “massive DDoS attack.”
Read MoreCooler producer price pressure in the U.S. fueled Fed rate cut speculations and inspired risk-taking. How did your favorite assets trade yesterday?
Read MoreUS PPI data falls short of expectations and causes the dollar to fall. See what happened in the FX market today!
Read MoreYou may be disappointed if you fail, but you are doomed if you don't try.Beverly Sills