Category: broad

Major assets were all over the place until the US released generally weak data from the American middle class. Alternatives to the US dollar such as spot gold, crude oil and Bitcoin posted gains after the reports, although the US dollar managed to recover its losses against its foreign currency…

Dollar dominance was the name of the game, as risk-off sentiment lifted the safe-haven currency across the board while dragging commodities south. However, stronger than expected inflation data gave the Australian dollar a fighting chance. Read on to see how the rest of the major currencies and asset classes fare!…

Asset classes appeared to still be marching to the beat of their own drum on Tuesday, as stocks rebounded while commodities were in the red. What moves the markets these days? Titles: BOJ core CPI in May y/y: 2.1% (1.9% expected, 1.8% previous) FOMC official Bowman: We have not yet…

Market correlations appear to be stalling so far this week, as commodities rose while stocks and Bitcoin fell. What’s up with that? How did the rest of the asset classes perform? Titles: New Zealand trade balance for May It went from a deficit of 3 million New Zealand dollars to…

Market attention was focused on two major announcements from the central bank, one of which included a surprise interest rate cut. How did the rest of the asset classes perform? Titles: The People’s Bank of China kept interest rates on key one-year and five-year loans unchanged By 3.45% and 3.95%,…

With US traders off on holiday and traders remaining on the sidelines ahead of this week’s closely watched economic events, major assets were trading in lower ranges. What are the headlines that caught traders’ attention in the past trading sessions? Titles: Bank of Japan meeting minutes “Some members” indicated that…

Weaker than expected retail activity in the US raised concerns about growth and weighed on the US dollar. So why did US stocks expand their gains? Here are the headlines you need to know if you missed yesterday’s trading! Titles: Reserve Bank of Australia keeps interest rates at 4.35% He…

The lack of new catalysts sent major financial assets all over the charts today. What headlines impacted closely watched assets yesterday? Here are the main topics you should know! Titles: BusinessNZ Service Performance Index It fell 3.6 points to 43.0 in May. It arrived “Levels of deflation are greater than…

How did major assets trade after the US CPI report and Fed decision in June? We’ve got details on Thursday’s market headlines and price action you need to know! Titles: Australian employment change In May: 39.7K (30.5K expected, 37.4K previous); The unemployment rate fell from 4.1% to 4.0% as expected…

Market attention was focused on the key events in the US for the day, specifically the CPI release and the Federal Reserve statement, and these catalysts did not disappoint when it comes to volatility. Both major market movers faced some surprises, which then led to significant volatility in the dollar…

It was a choppy day for most asset classes, with Treasury and Bitcoin yields falling while commodities and stocks largely rebounded later. However, the safe-haven US dollar managed to keep its head afloat, despite some risk flows in the latter part of the New York session. Read on to find…

Markets appear to be off to a slow start this week, but could this be just the calm before the storm? Stocks were in a positive mood while some risk flows emerged while profitable companies also made gains. Read on to see how the rest of the major currencies are…

It was a bullish and adverse day for the US dollar, as it erased intraday gains while traders braced for a potential loss in non-farm payrolls. The ECB’s monetary policy decision also took the spotlight when it surprised the central bank with a “tight easing” and spurred rapid gains for…

‘Risk’ assets and their US dollar counterparts saw gains during the US session as more traders priced in a potential interest rate cut by the Federal Reserve. The US dollar itself was largely stable, shedding points against commodity-linked currencies but also posting gains against other safe havens such as the…

Concerns about the US economy encouraged a risk-off trading environment and pushed the US dollar higher against its “riskier” counterparts. Meanwhile, crude oil continued its downward trends, spot gold pulled back from highs at $2,350, and Fed bets on lower interest rates sent US bond yields lower. Titles: Switzerland CPI…

Fed rate bets kept volatility interesting for major financial assets on Monday. Spot gold is gaining ground on general US dollar weakness and ahead of this week’s US employment data, while the Canadian dollar is attracting bearish demand ahead of the Bank of Canada’s decision. Titles: Australia’s MI inflation index…