Investors turn more hawkish amid another stubborn inflation report
Inflation remains a major concern for central banks and recent data highlights how far there is to g...
Archive
Oil slips on Chinese data, gold falls as rate expectations rise
Oil testing post-OPEC+ gap open Oil prices are off almost 2% today and earlier tested the gap open f...
EUR/USD – Euro slips as eurozone inflation slides
Eurozone inflation fell to 6.9%, while the core rate rose to 5.7% Goldman Sachs expects ECB rate hik...
GBP/USD edges higher as UK inflation higher than expected
UK inflation falls to 10.1%, higher than expected BoE likely to raise rates in May Three Fed members...
Time to take note of Japan’s stock market again
Emerging markets and China’s risk premiums over Japan have been narrowed. Japan is considered a po...
WTI crude attracts buyers at $80, Gold defends $2,000, Bitcoin recaptures $30,000
Oil The initial wave of weakness WTI crude to the $80 level and that attracted buyers. The oil mar...
Stocks waver on earnings; China’s economy awakens, Brookfield defaults
Wall Street is becoming a little bit more optimistic as more companies delivered strong earnings (Ba...
USD/CAD – Canadian dollar shrugs as inflation falls
Canada’s inflation falls to 4.3%, as expected USD/CAD response is muted The Canadian dollar is...
GBP/USD – Pound rebounds as wage growth remains high, CPI expected to dip
UK unemployment claims rise UK wage growth higher than expected UK Inflation is expected to fall bel...
Podcast – China records faster growth, UK wages a headache for BoE
OANDA Senior Market Analyst joins Jonny Hart to discuss the latest GDP, retail sales, industrial pro...
Australian dollar gets boost from strong Chinese GDP
China’s GDP expands by 4.5% AUD/USD responds with gains RBA minutes indicate pause was a close...
Oil treading water, gold stays close to $2000
Can oil break above five-month range after OPEC+ cut Oil is continuing to tread water around the fiv...
Mixed data for China and the UK sees markets tread water in Europe
We’re seeing relatively flat trade again on Tuesday amid mixed economic data from China overni...
AUD/USD short-term uptrend intact supported by China’s growth spurt
China’s Q1 GDP growth, retail sales, and industrial production continue to expand. Less aggressive...
Potential tailwind for Asian equities as major downtrend on the US dollar remains intact
US Dollar Index managed to hold its February 2023 low of 100.95 but the major downtrend remains inta...
Oil and Gold lower on strong dollar, Crypto down as banking turmoil eases
Energy traders await Key China data Gold down but not out Crypto down on strong dollar and easing ba...
Stocks are wavering as Fed rate hike bets grow, Empire Strikes Back, EUR/USD tumbles below 1.10
Treasury yields higher across curve, with the 2-year rising 8.5 bps to 4.184% Empire surges and supp...
NZD/USD slide continues as Services PMI decelerates
New Zealand Services PMI declines in March US retail sales fall, inflation expectations jump NZD/USD...
USD/JPY – Yen falls below 134 as US dollar gains strength
USD/JPY slips to 1-month low US retail sales fall for second straight month Fed members Waller and B...
AUD/USD – Australian dollar takes traders for a wild ride
US retail sales decelerate sharply in May US bank earnings were solid Markets have priced a May rate...