As financial markets in the United States and the United Kingdom observe a holiday today, trading volumes are expected to be lighter, which may contribute to reduced volatility at the beginning of the week. However, key economic data releases later in the week are likely to drive significant market movements. USD The U.S. inflation outlook…
As traders wake up to a quieter trading day on May 27, they are reminded that both the United States and the United Kingdom are observing public holidays—Memorial Day and the Spring Bank Holiday, respectively. These holidays not only bring a pause to the hustle and bustle of daily life but also cast a significant…
With the two regional, Ukraine and Israel-Gaza, not having much of an impact in the logistics chain for the moment, oil prices are about monetary policy and how it affects demand. Hopes for rate cuts have recently been dashed in both the UK and more importantly the US with persistent inflation pressures while China, the…
A stronger than expected read in UK CPI at 2.3% against a 2.1% consensus from 3.2% previously saw Cable pop up. From pricing in a rate cut in June market has had to consider the possibility of none action leading to the move up that eventually faltered. News across the pond suggests the Fed will…
The FOMC’s minutes from its previous meeting shocked many in the market as it hinted higher rates are here to stay despite the weakness seen in recent US numbers. This is a reminder to the market that the Fed’s primary concern is inflation. Unless the economy were at the brink of a recession weak data…
The Federal Reserve’s April meeting minutes revealed a persistent unease among Federal Open Market Committee (FOMC) members regarding the stubbornly high inflation rates, casting doubts on the anticipated easing of the policy rates anytime soon. Despite previous easing trends, inflation remains resilient, challenging the Committee’s 2% target. Key Highlights from the FOMC Minutes: Market Implications…
In its latest monetary policy decision, the Reserve Bank of New Zealand (RBNZ) has opted to maintain the Official Cash Rate (OCR) at 5.5%, citing persistent inflationary pressures that have slowed the anticipated decline in domestic inflation. This decision aligns with the bank’s cautious stance amid an uncertain economic environment, despite the easing capacity pressures…
We may be seeing the end of the first up leg of the halving dividend for bitcoin. Absent any fresh catalyst to push crypto currencies higher we may fail to see a new high. We have little fresh catalyst to move crypto with most of the events that could be hyped already past. The only…
There has been limited news out of Japan of late with much of the recent swings for USDJPY more about whats happening in the US and consequently the dollar. The latest plunge of the pair has been on weak US economic data of late yet these numbers are not actually enough to convince the Fed…
The Reserve Bank of New Zealand (RBNZ) is set to announce its decision on the Official Cash Rate (OCR) this Wednesday, with the market and analysts widely expecting the rate to remain steady at 5.5%. This decision comes at a critical time when the RBNZ is balancing persistent inflation concerns with signs of economic softening….
