Tag: Market volatility

The European Central Bank (ECB) announced today that they have decided to keep their key policy rates unchanged in a unanimous decision. They reiterated their stance of not committing to a specific rate path...

In a recent speech, Fed Governor Adriana Kugler highlighted the ongoing trend of decreasing inflation across various price categories. Despite some challenges earlier in the year, she mentioned that supply and demand are gradually...

Global core bonds saw some gains ahead of the release of US retail sales data. UK gilts performed slightly better than Bunds and Treasuries as investors prepare for the upcoming June CPI numbers. There...

The recent decline in the dollar index has raised concerns about the long-term outlook for the US currency. Despite initial optimism surrounding Trump's economic policies, including tariffs and tax cuts, the dollar has been...

The upcoming events in the market for the week of July 15-19 are as follows:On Monday, we have various events including the New Zealand Services PMI, PBoC MLF, China Industrial Production and Retail Sales,...

Last week, the US saw a significant selloff in mega-cap tech stocks following lower-than-expected inflation data. This led to a shift towards riskier areas of the market, with the Russell 2000 emerging as the...

Last week's key insights revolve around the Westpac-MI Consumer Sentiment Survey, indicating a 1.1% decrease in the headline index to 82.7. This decline reflects ongoing household pessimism due to concerns about inflation and potential...

Markets are eagerly anticipating a key event tomorrow, with traders feeling the impatience building as the countdown continues. The kiwi is the only major currency showing some movement today, while others seem to lack...

The AUD/USD pair is currently trading near 0.6750 as investors await the release of the US Consumer Price Index (CPI) data for June. This data will provide insights into when the Federal Reserve (Fed)...

The Australian Dollar faced a decline on Wednesday, as the US Dollar gained strength following Federal Reserve (Fed) Chairman Jerome Powell’s testimony before the US Congress. Powell’s remarks indicated that the Fed remains cautious...

Federal Reserve Chairman Jerome Powell recently addressed Congress in his semiannual testimony, discussing risks beyond just inflation that the Fed is considering. While he emphasized the importance of not cutting interest rates until there...

Oh no, why do people get so scared when they hear the word "correction"? It's like the end of the world when the market drops a few percent. But corrections are actually necessary and...

Deutsche Bank's George Saravelos recently shared his insights on the potential impact of a Trump presidency and China tariffs on the EUR/USD parity. In a conversation with Bloomberg TV, Saravelos emphasized the repercussions of...

The Dow Jones Industrial Average (DJIA) experienced a volatile day on Monday, starting with early highs before dropping back down, ultimately closing the day 40 points lower than Friday's closing prices. This marked the...

Eurozone Sentix Investor Confidence took a significant hit in July, dropping to -7.3 from 0.3, a far cry from the expected 0.0. This decline comes after eight consecutive increases, signaling a major setback for...

The EUR/USD currency pair experienced significant movement last week, reaching highs of 1.3840 as investors reacted to the US Nonfarm Payrolls (NFP) report. Despite the better-than-expected NFP figures, concerns about rising unemployment and slowing...

More and more people in the business world are expressing concerns about what President Donald Trump's policies and behavior might do to the economy. However, despite the worries, the stock market continues to soar...

The New Zealand dollar, also known as the Kiwi, has been struggling in the currency exchange market this year. Despite a slight increase against the yen and the Swiss franc due to lower interest...

In JPMorgan’s (JPM), “Guide to the Market” presentation last Monday, July 1 ’24, Dr. David Kelly, JPMorgan’s Chief Global Strategist, started off the call with the remark that, ultimately, “all systems break down”. David...

Gold prices saw a slight increase of 0.15% on Thursday amidst low trading activity due to the US Independence Day holiday. The XAU/USD pair reached a two-week high of $2,365 the previous day, driven...

The UK election took place on Thursday, July 4, 2024, and the Labour Party emerged victorious in a landslide victory. According to a report by Goldman Sachs, the economic outlook under a Labour government...

The US Dollar faced significant selling pressure after disappointing ADP figures from June, causing markets to increase their bets on a Fed rate cut in September. The FOMC meeting minutes from June also indicated...

European markets experienced a risk-on movement today, following a record close of the US S&P 500 above the 5500 mark. This positive sentiment also influenced European investors, with the Eurostoxx 50 gaining 1.3%. In...

Marine Le Pen's Rassemblement National emerged victorious in the first round of French parliamentary elections, securing around 33% of the vote. The left front followed with 28%, and Macron's alliance with 21%. The RN...

The Dow Jones Industrial Average (DJIA) experienced significant fluctuations on Monday as a result of key US data missing expectations. The US ISM Manufacturing Purchasing Managers Index (PMI) dropped to 48.5 in June, below...

This week in the forex market, there are several key events and data releases to keep an eye on. On Monday, we have important data coming out of China, Switzerland, and the US, including...

On June 28, 2024, various economic indicators were released, providing insights into different economies around the world.In Japan, the Tokyo Consumer Price Index (CPI) Year-on-Year (Y/Y) for June was reported at 2.20%. Additionally, the...

The tension between China and Taiwan has been a cause for concern, especially in light of recent events. The U.S. government's sanctions on Chinese entities supplying parts to Russia for its conflict with Ukraine,...

On July 4, Britons will be voting in a general election that could potentially end 14 years of Conservative rule. The Labour Party is currently leading in the opinion polls, with Nigel Farage's Reform...

The GBP has been trading at a 'political premium' in anticipation of the upcoming elections, as there is a belief that political stability will be achieved. Recent polls suggest that Labour is likely to...

Japan's Chief Cabinet Secretary Hayashi recently stated that appropriate actions will be taken to address excessive foreign exchange movements, aligning with Finance Minister Shunich Suzuki's previous remarks. Hayashi refrained from commenting on specific forex...

The US stock market had a rocky start today, with equities falling early in the day. However, a late surge in buying activity, particularly in Nvidia, helped turn things around. Thanks to this strong...

I recently came across the Allspring Income Opportunities Fund (NYSE:EAD) while looking for high-yielding income funds. The EAD fund offers an attractive 9.1% distribution yield, but it relies on return of capital to cover...

The EUR/USD pair bounced back strongly from a weekly low of 1.0670 in Monday's European session as the demand for risky assets increased. This was fueled by speculations that the Federal Reserve (Fed) might...

Foreign exchange trading is a risky venture that may not be suitable for all investors. It is important to be aware that leverage can increase the level of risk and potential loss. Before engaging...