• October 18, 2024

Strong US Data Keep the Greenback in Demand

ECB cuts rate, keeps door wide open to a December move Euro suffers as US retail sales surprise on the upside Focus today is on Fedspeak and in particular Fed’s Bostic ...

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• October 18, 2024

Gold Prices Hit All-Time Highs; Euro Continues to Struggle Against the US Dollar

Gold Renews All-Time Maximums Gold ( XAU/USD ) gained 0.71% on Thursday, reaching record highs as expectations for a more accommodative monetary policy from major central ...

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• October 18, 2024

4 Charts Indicating That the Fed's Jumbo Cut in September Was Too Dovish

Yesterday, the Atlanta Fed's GDPNow tracking model raised Q3's real GDP growth rate from 3.2% to 3.4% following a roaring September retail sales report (chart). Real c...

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• October 18, 2024

Euro Tumbles, European Stocks Up After ECB’s Dovish Rate Cuts

The European Central Bank ( ECB ) lowered its interest rates by 25bp yesterday, in a widely expected and priced in move. Chief Christine Lagarde highlighted that inflation is coming un...

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• October 17, 2024

Europe’s Booming Labor Market Needs to Brace for Change

The luxury of labour hoarding is coming to an end in the eurozone as corporate profits dwindle. And that’s going to mean wage growth will ease, unemployment will tick up and we’ll see more bankru...

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• October 17, 2024

Will the ECB Give in to Soft Inflation, Stagnating Growth?

The EUR/USD took out the 200-DMA support yesterday and extended losses to 1.0850 level ahead of today’s European Central Bank (ECB) decision . The ECB is expected to lower i...

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• October 17, 2024

Gold Hits Record Highs on Rate Cut Bets; Euro Slumps on Economic Worries

Gold Hits Record Highs on Expectations of Rate Cuts From Major Banks Gold ( XAU/USD ) reached record highs following expectations of rate cuts from the major banks. ...

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• October 17, 2024

GBP/USD: UK CPI Keeps Cable in a Downtrend

Cable is trading at the lows after UK CPI data softened more than expected, to 1.7% y/y as figures showed yesterday. his gives the Bank of England room for more rate cuts, potentially we...

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• October 16, 2024

4 Charts to Help You Track the Current US Business Cycle

The US economy continues to defy the recession forecasts that received much attention in the summer. The primary drivers of economic resilience: strong growth in payrolls and con...

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• October 16, 2024

Chip Stocks Experience Selloff as Pound Slides Following CPI Drop

Chip stocks hit by selloff after ASML cuts 2025 guidance Dollar stretches gains as pound and kiwi fall on lower inflation Oil steadier amid ongoing ME drama, gold heads towa...

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