Market News

Based on the Fed’s July statement and presser, we’ll likely see an interest rate cut by September. How did the dollar react to the news?

The Bank of Japan (BOJ) took markets by surprise when they announced their decision to hike rates by 0.15% from <0.10% to <0.25% while policymakers agreed to taper bond purchases.

Will the Bank of England (BOE) finally cut interest rates or will policymakers keep sitting on their hands for now?

Decelerations in Australia’s closely-watched core CPI may have been enough to kill RBA rate hike bets. See how AUD reacted to the news!

Caution ahead of this week’s top-tier events got mixed in with weak U.S. equities performance and increased Middle East tensions.

US Dollar gains strength as economic data impresses. Fed decision eagerly awaited. See what happened in the FX market today.

Even though the U.S. central bank is widely expected to keep borrowing costs on hold this week, USD volatility could still pick up as traders hunt for rate cut clues in the next meetings.

A lack of data release kept traders on the sidelines on Monday, leading to choppy price action for most of the major assets.

Not only will the Land Down Under be printing its latest CPI reading for June, but we’ll also have a summary of how inflation fared for the second quarter of the year.

It’s gonna be a wild ride in the markets this week since we’ve got three central bank decisions, CPI releases from three major economies, and China’s PMI readings… all ahead of the big NFP report!

The Japanese yen found itself at the top of the daily leaderboard thanks to calls for BOJ tightening and a big return in broad negative risk sentiment. 

Market correlations fell in & out of sync & broad risk vibes were soured as traders juggled several major market narratives, including fears of a slowdown in China.

The major assets were ready to extend themes from the previous day when the U.S. GDP release shook up overall price action.

The U.S. economy grew much faster than analysts estimated in Q2 2024. So why did the U.S. dollar barely react to the news?

The Japanese yen was the king of pips in the forex market once again, as it chalked up its third consecutive day strongly in the green. In contrast, U.S. equities suffered steep losses due to a broad tech selloff.

As expected, the Bank of Canada (BOC) lowered borrowing costs by 0.25% while also announcing slight negative revisions to its growth forecasts. How did CAD react?

The U.S. dollar staged a steady climb against majority of its forex rivals, but the Japanese yen was a clear exception. What’s up with that?!

BOJ under the spotlight as yen strengthens. Let’s review what happened in the FX market today.

It’s almost the end of July, so we’re about to get our first glimpse into how business sectors fared for the month! What’s expected for the eurozone flash PMI readings?

Political updates in the U.S. and China’s surprise easing move dominated the headlines at the start of this week. How did asset classes react to the news?