The week ahead preview with WTI crude, US CPI, and ECB meeting on the radarWTI crude, US CPI, and the ECB meeting take center stage in the week ahead. Oil prices face supply-demand pressures, while US inflation data will guide Fed policy expectations. Meanwhile, the ECB is set to decide on rates, with markets ...
Gold (XAU/USD) Technical: Overbought but bullish trend remains intactGold (XAU/USD) has surged past its April record of US$3,500, rallying 5.3% to a fresh high of US$3,655. The breakout comes as lower US Treasury real yields reduce the opportunity cost of holding gold, fueling demand and reinforcing bullish momentum. ...
Australian confidence data slips, Aussie rally continuesThe Australian dollar's rally continues, despite soft business and consumer sentiment data. The RBA isn't expected to lower rates in September with a stronger likelihood of rate cut in November.
EUR/USD Technical: Euro bullish breakout, what’s next?The EUR/USD extended its bullish breakout, rising 0.8% to 1.1778 in the 9 Sep Asia session. Following weak US jobs data, focus shifts to Thursday’s ECB decision and US core CPI release. The ECB is expected to pause rate cuts ...
US indices remain uncertain ahead of CPI data – S&P 500, Nasdaq and Dow Jones...US indices remain uncertain following Friday’s weak NFP, with the Nasdaq leading flows while the Dow lags. Traders now await Wednesday’s PPI and Thursday’s CPI, key releases that could define Fed policy into the September meeting. Equity sentiment holds, but ...
Australian dollar hits two-week high, confidence data nextThe Australian dollar posted strong gains after Friday's NFP release and has extended its gains on Monday. Australia releases business and consumer confidence data on Tuesday, with both expected to improve.
Japan's GDP sparkles, yen pushes higherJapan's GDP surprised on the upside in Q2, with a strong gain of 2.2% y/y, as private consumption and exports increased. US nonfarm payrolls fell to 22 thousand and the markets have fully priced a rate cut at next week's ...
Markets Weekly Outlook – Moving forward from NFP, onto Inflation weekA week ahead preview: After this week's huge NFP report, the puzzle for the upcoming 17th Sep FOMC Meeting is still missing its inflation pieces, coming up with the ECB Rate Decision. Get ready for the upcoming week by looking ...
WTI Oil Rallies 1.8% as Russian Supply Concerns Outweigh Modest OPEC + Output HikeOil prices gained 1.8% as Russian supply concerns outweighed a modest OPEC+ output hike. Goldman Sachs forecasts a slight oil surplus in 2026. OPEC+ will gradually reverse production cuts, increasing output by 137,000 bpd from October. Saudi Arabia is leveraging ...
Canada and US post weak job numbers, Canadian dollar steadyCanada's employment report was very soft. Employment fell by 66 thousand and the unemployment rate rose to 7.1%. In the US, nonfam payrolls dropped to 22 thousand, down from a revised 79 thousand and missing the market estimate of ...
UK retail sales beat estimate, US nonfarm payrolls sink, pound jumpsUK retail sales accelerated in July but the cup was only half full as the June figure was revised sharply lower. In the US, nonfarm payrolls slipped to 22 thousand, down from 79 thousand and well short of the market ...
Canadian dollar eyes Canadian, US jobs dataIt could be a busy day for the Canadian dollar, with the release of US and Canadian job reports. Canada's economy is expected to add 7.5 thousand jobs after a huge loss of 40.8 thousand in July. In the US, ...
Hang Seng Index Technical: Recent sell-off overdone, bullish trend remains intactThe Hong Kong 33 CFD Index (proxy for Hang Seng futures) fulfilled its bullish run from 13–25 Aug, peaking at 25,946 before entering a brief -4.3% correction. With fundamentals improving, China’s EPS growth recovering, and PMIs back in expansion, deflation ...
Non-Farm Payrolls send markets on fire – Market wrap for the North American session -...September 5th North-American Session Recap – Non-Farm Payrolls have largely decreased the economic projections which had been holding tight despite tariffs, but markets are awaiting for more next week. Check up the Daily asset and FX performance, what changed fundamentally ...
Silver nears its all-time highs, where to look next? XAG higher timeframe outlookSilver has surged back to levels not seen since 2011, outperforming peers as Gold hits fresh records and concerns over Fed independence intensify. With geopolitical shifts, tariff effects, and the upcoming NFP release, traders are eyeing major trading levels. Explore ...
BoE's Bailey unsure about pace of rate cuts, pound easesBoE Governor Bailey told lawmakers on Wednesday that he expected rates to fall but was unsure of the pace. The US releases nonfarm payrolls, with the markets braced for a weak gain of 75 thousand.
Swiss CPI declines, will SNB revert to negative rates?Swiss inflation declined in August, raising speculation that the SNB could revert back to a negative rate policy. The SNB meets later this month and is expected to maintain rates at zero.
Markets Already Looking to NFPMarkets are watching August NFP, with a baseline of +74k and unemployment rising to 4.3% from 4.2%. July’s +73k and -258k revisions intensified political pressure on the BLS. Cooling labour demand—Job Switchers wage growth at 4.3% y/y and NFIB reporting ...
USD/CHF Technical: Potential Swiss franc bullish range breakout as NFP loomsThe USD/CHF remains in a narrowing range ahead of Friday’s US NFP release, with risk building for a bearish breakout. Meanwhile, signs of stabilization in Swiss data, manufacturing PMI at 49.0, and services PMI rebounding from a five-year low, suggest ...
Gold Price Surges, JOLTS Data, Aussie GDP higher than expectedGold has hit another record as expectations for a Fed rate hike in September have increased. JOLTS Job Openings slipped and missed expectations. Australian GDP was stronger than expected, cementing a hold at the rate meeting later this month.
Gold Hits All-Time High Amid Flight to SafetyGold hit a record high in 2025, fueled by safe-haven demand, Fed policy expectations, and geopolitical tensions, while silver outperformed on strong industrial and investment demand.
Australian GDP beats estimate, Aussie edges higherAustralia's GDP expanded more than expected in Q2, at 1.6% y/y. This was the fastest pace of growth in almost two years and was driven by an increase in household consumption and government spending. The RBA is expected to hold ...
Why are government bond yields rising so much as of late?An explanation on why government yields are rising so much, amid the most recent run in the UK Gilts (government bonds). It is essential to understand why higher government debt forces higher yields. Check the few charts to spot these ...
Euro CPI ticks higher, US ISM Mfg. PMI misses estimate, euro lowerEurozone CPI ticked higher to 2.1%, up from 2.0%. Core CPI was unchanged for a fourth consecutive month at 2.3%. In the US, ISM Manufacturing PMI improved to 48.7 from 48.0, short of expectations and marking a six consecutive contraction. ...
US ISM Manufacturing PMI releases at 48.7 vs 49.0, a small miss – Market reactionsThe US ISM Manufacturing PMI came in at 48.7 vs 49.0 , missing expectations and staying in contraction. Tariffs remain a drag on production despite modest recovery from July’s lows. The USD weakened sharply after testing range highs. Equities, Treasuries, ...
US Dollar strengthens after Labor Day – DXY technical outlookAfter a quiet Labor Day week, volatility returns as traders reassess Powell’s dovish shift and looming Fed cuts. The US Dollar holds firm while equities and crypto falter. Rising geopolitical tensions and a fresh UK Gilt selloff weigh on sentiment, ...
Japanese yen slides after hawkish BoJ commentsThe yen dropped sharply lower after BoJ Deputy Governor Ryozo Himino signaled that the BoJ intends to raise interest rates. The US releases ISM Manufacturing PMI, with a sixth straight contraction expected.