Overview: The selling pressure on the greenback, evident last week, despite a series of stronger than expected economic reports, carries over into the new week's activity. ...
Overview: The selling pressure on the greenback, evident last week, despite a series of stronger than expected economic reports, carries over into the new week's activity. ...
European equities head higher European bourses are on the rise rounding off an upbeat week. Following all-time highs on Wall Street overnight and record Chinese quarterly...
US Futures, Global Stocks Hit Fresh All Time High US equity futures and global stocks rose to new record highs and oil climbed after strong U.S....
US Futures, Global Stocks Hit Fresh All Time High US equity futures and global stocks rose to new record highs and oil climbed after strong U.S....
Overview: Like the dog that did not bark, the long-term US yields tumbled despite data that confirms the acceleration of the US economy and labor market. ...
The Swiss franc is drifting in the Thursday session. Currently, USD/CHF is trading at 0.9226, up 0.08% on the day. Swiss franc continues to swell Despite the...
Markets ignore rise in US inflation US inflation duly rose by 0.50% MoM for March overnight, roughly an eight-year high. However, the print was only just...
America's number one crypto exchange is floating via a direct listing.
UK GDP misses forecast European stocks are heading broadly higher in muted trade ahead of key US inflation data. The FTSE is underperforming its peers following...
Key Events This Very Busy Week: CPI, Retail Sales And Q1 Earnings Start Looking at the busy week ahead, the pandemic will remain in focus as...
Gold looks to inflation data Gold trades under pressure on Monday, extending losses from Friday, although it appears to lack strong follow-through. The firmer greenback, which...
Futures, Global Stocks Hover At All Time High As Q1 Earnings Begin Global stock markets and US equity index futures dipped modestly with shares in Europe...
Oil markets unchanged in Asia Oil markets edged lower in New York on Friday, as the US dollar strengthened modestly. Overall, the trading was directionless as...
Higher US yields lift dollar With risk concerns aplenty this morning, the US dollar index has risen 0.10% today to 92.26, after rising 0.12% on Friday,...
China's Digital Yuan Comes With An Expiration Date It's been a long time coming, and now it's almost here. Last August we reported that China's Commerce...
Visualizing The Plunging Purchasing Power Of The US Dollar The purchasing power of a currency is the amount of goods and services that can be bought...
The US dollar pulled back, and long-term yields softened last week, but the economic surge has only just begun. The more than 900k rise last month's...
The Fed has clearly signaled they are not worried about inflation and that should worry financial markets. The Fed has repeated that inflation will be transitory,...
WTI crude oil struggles below USD60 Oil prices are mildly lower on the day but are set for over 3% losses across the week. Investors continue...
Futures Spooked By Hottest Chinese Factory Inflation Since 2018 US equity future struggled for direction after hitting an all time high of 4,102 as investors assessed...
Powell’s dovish speech sends dollar downwards The US dollar retreat deepened overnight, with its correlation to US Treasury yields laid bare for all to see as...
Overview: The dollar has come back bid. A disappointing and unexpected increase in the US weekly jobless claims pressed yields lower, with the 10-year falling a...
Monetary Policy In America Is A Mess; Things Are Even Worse In Europe Authored by Brendan Brown via The Mises Institute, High inflation takes off where...
Powell sticks to dovish script Fed Chairman Jerome Powell stayed solidly on message overnight, emphasising once again the Fed’s priority in assisting the US employment recovery...
Oil looking for direction Crude prices are struggling for direction as short-term COVID pressures are countered by a much weaker US dollar. There were no real fireworks...
Overview: Global stocks are moving higher today. Fears of a new lockdown in Tokyo amid rising covid cases weighed on Japanese stocks, a notable exception as the...
US yields lift dollar The FOMC minutes “balanced risk” comments were enough to move US yields slightly higher overnight, which also lifted the US dollar. The committee...
Markets show muted response to FOMC minutes The FOMC minutes passed without incident overnight. The committee felt that risks were balanced but that the economy remained...
The Canadian dollar has posted considerable losses on Wednesday. Currently, USD/CAD is trading at 1.2634, up 0.55% on the day. On the fundamental front, the Ivey...