GBP Slides as UK Labour Market Weakens and Recession Fears Grow
Tuesday morning started off in red for GBP against both EUR and USD, after average earnings and unemployment figures were released. An indication in the wrong direction for both indices, […]
Geopolitical Tensions and Rate Cut Expectations Weigh on AUD Ahead of Key Eurozone and US Data
The Australian dollar faced notable pressure following the latest Reserve Bank of Australia (RBA) meeting minutes, which revealed a shift in forward guidance. Concerns surrounding ongoing US–China tariff discussions added […]
Markets Eye Core PCE and Spending Data for Economic Clues
This afternoon’s focus will be on a series of key US economic indicators, starting with the Core PCE Price Index and Personal Consumption Expenditure (PCE) – the Federal Reserve’s preferred […]
UK GDP Beats Forecasts, Shifting Market Focus to Key US Data
UK economic data released this morning showed that GDP grew by 0.7% in Q1—marking a sharp rebound from the previous quarter’s 0.1% increase and exceeding expectations of a 0.6% rise. […]
Mixed PMI Data and Rate Cut Expectations Keep Markets in Holding Pattern
Tuesday began with the release of PMI (Purchasing Managers’ Index) figures from several European countries and the broader European Union, presenting mixed signals around the crucial 50-mark threshold. Typically, a […]
German Sentiment Surprises, Eyes Turn to U.S. Data
Today began with the release of German consumer confidence data. Expectations had pointed toward a decline, reflecting ongoing economic concerns in Europe’s largest economy. However, the data surprised to the […]
Markets React to Powell’s Hawkish Tone as ECB Decision Looms
Fed Chair Powell’s Comments Shake MarketsYesterday afternoon, Federal Reserve Chair Jerome Powell delivered a notably cautious economic outlook, which weighed heavily on US equity markets during the late session. Powell […]
US Dollar Falls Below 100 as Tariff Fears Drive Market Volatility
Since the announcement of tariffs, one question has dominated the conversation: when will negotiations begin to calm the markets? So far, there have been no signs of progress, and as […]
Sterling Under Pressure Amid Global Risk-Off Sentiment
Yesterday saw a continuation of Friday’s risk-off sentiment, with most global markets closing in the red — some even referring to it as a “Black Monday.” Among the biggest losers […]
USD Slumps as Trump’s Tariffs Shake Global Currencies
Yesterday delivered major volatility across several currency pairs, with the USD at the center of much of the disruption. Following Donald Trump’s tariff announcement on Wednesday evening, U.S. equity markets […]