Markets weekly outlook - Data dump ahead as tariff concerns lingerThis weekly market outlook covers global stock optimism due to easing US-China trade tensions, despite mixed messages. Upcoming high-impact data releases from various regions could raise recession fears. Gold declined as safe haven flows decreased, while Bitcoin surged. The US ...
UK retail sales beat forecast, pound edges lowerUK retail sales surprised on the upside, with an increase of 0.4% m/m in March. Still, consumer confidence worsened in April as consumers are anxious about the cost of living and worsening global trade tensions. In the US, UoM consumer ...
Yen loses ground as Tokyo core CPI hits 2-year highTokyo Core CPI surged to 3.4%, up sharply from 2.4%. The BoJ is expected to hold rates in May, with a rate hike expected in June or July. The UoM consumer inflation expectations index is expected to hit 6.7%, up ...
Oil News: WTI crude oil remains bearish on oversupply fearsWTI remains bearish, failing to break above the 21-day EMA. Risk sentiment still weighs heavily on crude oil amid ongoing trade negotiations. If price slides lower, next target likely to be ~$61.51.
Europe's Opening Bell: Risk assets gain as optimism over US-China trade deal risesEuropean markets surge on US-China trade optimism, boosting global stocks. Tech stocks rise following Alphabet's strong earnings. Gold prices decline as risk appetite increases, while oil sees modest gains amid supply concerns. UK wage data is released but market focus ...
British pound climbs, UK retail sales eyedThe British pound is in positive territory after two consecutive days of losses. UK retail sales is expected to decline in March and UoM inflation expectations are projected to rise to 6.7%.
USD/CHF Analysis: Will Swiss National Bank (SNB) act on CHF surge?Will there be any response by the SNB following the recent surge of the Swiss Franc (CHF) against the USD? We explore a potential intervention by the Central Bank given the impact on Swiss exports and price stability. The ...
US Opening Bell: Trade tensions, earnings reports, and Dow Jones analysisUS stock futures dip as trade tensions and mixed earnings reports weigh on investor sentiment. Dow Jones analysis shows a rejection at key resistance. Economic data and major company results, including Procter & Gamble and Alphabet, are in focus. Deutsche ...
Japanese yen rebounds after corporate service inflation beats estimateThe yen has recovered on Thursday after sharp losses a day earlier. Japan will release Tokyo Core CPI on Friday, which is expected to jump to 3.2% from 2.4%. The US dollar posted sharp gains on Wednesday after President Trump ...
US stocks rebound, Gold hits new high, Tesla profits plungeUS stocks are sharply higher after President Trump said he would not fire Fed Chair Powell and that he would lower tariffs on China. Gold has hit a new high and Tesla earnings disappointed.
British PMIs slip, Trump says won't fire PowellUK services and manufacuturing PMIs fell into contraction territory, underscoring the weak UK economy. Equity markets have climbed after President Trump said he did not intend to fire Fed Reserve Chair Powell and said that tariffs on China would be ...
US Opening Bell: US stocks react to Trump's comments and earnings, PMI aheadUS stocks surge following Trump's remarks and positive earnings. Tesla sees a 7% rise despite missing forecasts. Nasdaq 100 eyes a new high, while Bitcoin climbs past $90,000. Market sentiment shifts amid economic data and trade tension concerns. Get the ...
Euro under pressure as Services PMIs slipThe euro is showing limited movement on Wednesday. Euro and German Services PMIs missed expectations and fell into contraction territory. Business acitivity has been hampered by US tariffs which have chilled the global economy landscape.
Euro hits 3.5 year high, ECB closing in on inflation targetECB member Peter Kazimir said on Tuesday that he expected the ECB to achieve its 2% inflation target in the next few months. Kazimir cautioned against projecting where monetary policy was headed because of volatile conditions in the market. US ...
Yen extends gains, BOJ Core CPI lower than expectedThe Japanese yen continues to make inroads against the US dollar. Japanse inflation remains high and BoJ is expected to raise rates, although US tariffs have complicated matters and the timing of the next rate hike is unclear.
Gold ETFs and retail investor activity: What's driving the XAU/USD surge?Gold (XAU/USD) surged to $3500/oz amid global uncertainties and Trump's Fed comments. ETFs hit record highs, but retail investor activity remains low, suggesting further potential. Technical analysis indicates overbought conditions, yet dip buying is expected. Trade deal news or changes ...
Australian dollar climbs, China holds key lending ratesThe Australian dollar has posted strong gains on Monday. The US dollar has retreated against the majors after President Trump threatened to fire Fed Chair Powell. China's central bank held key lending rates, reflecting strong economic data in April. ...
Yen surges to five-month high as US dollar under pressureThe Japanese yen is sharply higher on Monday, as the US dollar has retreated against the major currencies. The dollar's decline follows renewed attacks by President Trump on Fed Chair Powell for not lowering interest rates. Last week, Powell said ...