Daily Broad Market Recap – June 19, 2024
The major assets traded in ranges as traders stayed on the sidelines during a U.S. bank holiday and ahead of this week’s anticipated reports.
Read MoreThe major assets traded in ranges as traders stayed on the sidelines during a U.S. bank holiday and ahead of this week’s anticipated reports.
Read MoreThe U.K. saw easing inflation in May but the British pound gained pips on its counterparts. What’s up with that?!
Read MoreWith U.K. annual inflation reaching the central bank’s target, will the Bank of England (BOE) finally cut interest rates? Or will they still opt to keep policy unchanged for now?
Read MoreWeak retail activity in the U.S. drew in growth concerns and lowkey weighed on the U.S. dollar. So why did U.S. stocks extend their gains?
Read MoreRBA kept its interest rates at 4.35% as expected. However, the Board considered a rate hike while members saw increased inflation risks.
Read MoreThis week’s U.K. CPI release might be a big mover since it comes just a day ahead of the Bank of England’s (BOE) policy decision.
Read MoreA lack of fresh catalysts sent financial assets all over the charts yesterday. Which headlines influenced your closely watched charts?
Read MoreIt’s shaping up to be another hectic week in the forex market with THREE major central bank announcements on deck!
Read MoreMajor forex pairs drifted mostly sideways throughout the week, as dollar traders seemed inclined to wait for the U.S. CPI and FOMC statement to set the direction later on.
Read MoreMajor asset classes marched to the beat of their own drum, even as the highly anticipated U.S. CPI and FOMC statement events came to shake up the markets.
Read MoreThe BOJ voted to keep its policies steady but also delayed discussions regarding the reduction of its long-term bond purchases. What’s up with that?!
Read MoreHow did the major assets trade following the U.S. CPI data and the Fed’s June decision? We have the deets that you need to know!
Read MoreThe market spotlight was focused on U.S. top-tier events for the day, namely the CPI release and Fed statement, and these catalysts did not disappoint when it came to volatility.
Read MoreThe FOMC kept interest rates on hold as expected in their latest statement but surprised the markets by scaling down their easing expectations significantly.
Read MoreIt was a volatile day for most asset classes, as Treasury yields and bitcoin tumbled while commodities and equities had quite the comeback later on.
Read MoreThe U.K. claimant count change figure indicated a larger than expected jump in unemployment for May while the average earnings index came in better than consensus.
Read MoreWith the U.S. CPI report due just hours before the FOMC announcement this week, the inflation report could be a good opportunity to catch big USD moves.
Read MoreMarkets seemed to be off to a slow start this week, but could this just be the calm before the storm? Here’s how the major currencies are faring.
Read MoreThe Fed and the BOJ are both dropping their June policy decisions while Uncle Sam and China will give an update on their inflation trends.
Read MoreGlobal PMI’s & U.S. jobs data had traders running to CHF & JPY this week, so much that they survived the USD’s last minute pump after the Non-Farm Payrolls report!
Read MoreWe may encounter many defeats but we must not be defeated.Maya Angelou