Category: broad

The US dollar has been the biggest winner in recent trading sessions, thanks to rising bond yields and some risk-off flows. Even the somewhat gloomy Beige Book from the Fed did not appear to be enough to halt the dollar’s rise, as inflation and jobs indicators continue to show modest…

Just when it looked like the markets were calming down again, volatility began as US traders returned to their offices after the Memorial Day holiday. West Texas Intermediate crude rose more than 2% to reach $80 per barrel again, while US bond yields also made significant gains after the Treasury…

No key data points? No problem! Forex pairs and major asset classes are still posting very good moves, even though UK and US traders are on holiday. Read on to find out how the markets are performing. Titles: Bank of Japan Governor Ueda: The central bank will proceed cautiously with…

The impact of the global PMI dump on overall market sentiment! The results were mostly stronger than expected, with the exception of some failures from Germany and the UK economy. A few positive reviews have been announced for previous releases as well. Here’s how the major currency pairs and asset…

Foreign exchange rate fluctuations increase with the release of high-level economic reports from major economies! Meanwhile, minutes from the Fed’s May meeting supported a “higher for longer” interest rate environment in the US and supported the US dollar against some of its usual asset counterparts. We have details on the…

Major financial assets saw relatively light volatility as traders waited for expected reports scheduled for later this week. Crude Oil fell on concerns about the impact of “higher for longer” global interest rates while Ethereum (ETH/USD) got a boost from optimism over ETF approval. Most major forex currencies were in…

With not many high-level economic releases, markets focused on the Fed’s speech and other asset-specific catalysts. What headlines caught traders’ attention on Monday? We have deets! Titles: The markets of Switzerland, Germany, France and Canada are on holiday Correct movement: Average property prices coming to market in the UK Up…

While the US dollar was able to establish some direction for the better part of the day, the price action was a complete mess relative to the rest of the asset classes. Treasury yields were off to a rocky start before rising steadily while Bitcoin rose and then reversed. The…

The markets were off to another quiet start, but this turned out to be the calm before the US PPI storm. Crude oil rose one day into the red while gold and US stocks advanced. Treasury yields and the dollar also closed lower. Read on to find out how it…

Markets were off to a bit of a slow start on Monday, before volatility increased and led to a mixed race for asset classes. Crude oil has rebounded from the initial slump while gold and Treasury yields have fallen. What’s up with that?! Titles: BusinessNZ Services Index April: 47.1 (previously…

Most European markets were closed for the holiday, but that did not stop the major currencies from recording big moves during the first-tier issues! The spotlight was mostly on the Bank of England’s monetary policy statement, as the bank decided to keep interest rates at 5.25% as expected but still…

The absence of new major market themes encouraged the asset’s price action on Tuesday. What major assets saw volatility and how did the US dollar trade on a data-light trading day? Titles: The Reserve Bank of Australia kept interest rates unchanged At 4.35%, he noted that the interest rate path…

Major financial assets started the week quietly as the lack of market drivers gave traders room to prepare for potential catalysts this week. How did your favorite assets perform yesterday? Titles: Caixin China Public Service PMI For April: 52.5 vs. 52.7 previously; Price indices rose. Composite PMI improved from 52.7…