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Global Market Insights - Forex, Futures, Stocks

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Spotlight falls on Fed Chair Powell’s testimony

09 Jul 2024

Contributed by Lukas

Send us a textDollar stays on the back foot ahead of Powell. Euro gains ground after French vote. Yen steady as BoJ discusses bond purchases. Wall Str...

Dollar slides on jobs data, Euro dips on French gridlock

08 Jul 2024

Contributed by Lukas

Send us a textUS jobs data confirms bets of two Fed rate cuts. Dollar slides ahead of Powell testimony, US CPI numbers. Euro gaps down as French elect...

Spotlight on NFP as dollar sinks; pound unmoved by Labour landslide

05 Jul 2024

Contributed by Lukas

Send us a textDollar slips further ahead of crucial US jobs report. Pound marginally higher as Labour crush the Tories in UK election. Equities set to...

Week Ahead: Round two of French election, Powell testimony and US CPI

05 Jul 2024

Contributed by Lukas

Send us a textFrench parties race to block Le Pen’s RN. Powell testifies before Senate Banking Committee. US CPI data to shake Fed rate cut bets. RB...

Dollar skids on ISM services dip, pound steady as UK votes

04 Jul 2024

Contributed by Lukas

Send us a textISM services PMI points to unexpected contraction in June. Treasury yieldsand dollar take a dive, but Wall Street rallies. Pound in bull...

Peter McGuire speaks with Bloomberg Radio - Daybreak Asia - 03/07/2024

03 Jul 2024

Contributed by Lukas

Send us a textPlease consider our Risk Disclosure: https://www.xm.com/goto/risk/enPeter speaks with Bloomberg anchors Bryan Curtis in Hong Kong and Do...

Market craves dovish Fedspeak as US stocks reach new highs

03 Jul 2024

Contributed by Lukas

Send us a textUS stocks rally after Chairman Powell’s comments. Focus on key US data today ahead of Thursday’s bank holiday. Dovish ECB commentary...

Yen’s misery worsens, euro lower after CPI dip, dollar awaits Powell

02 Jul 2024

Contributed by Lukas

Send us a textYen sinks to fresh 38-year low as officials refrain from verbal intervention. Euro pares gains after CPI dip and French election uncerta...

Euro breathes better but not out of the woods yet

01 Jul 2024

Contributed by Lukas

Send us a textEuropean stock markets higher after French elections result. Key euro area data today as the annual ECB forum starts. Dollar on the back...

Core PCE in focus ahead of French elections

28 Jun 2024

Contributed by Lukas

Send us a textDollar gains after first presidential debate. Focus today turns to core PCEinflation. Yen slides, intervention risks rise. French citize...

Week Ahead: French and UK elections on the horizon, US jobs report eyed too

28 Jun 2024

Contributed by Lukas

Send us a textFrance and UK go to the polls; will elections bring chaos or order. US payrolls report for June awaited as Fed hawks don’t budge. Euro...

Dollar rises to a 38-year high against yen

27 Jun 2024

Contributed by Lukas

Send us a textDollar rises as investors digest Fed remarks. Dollar/yen breaks 160,triggers intervention warnings. Wall Street trades in the green, AI ...

Stocks’ asthmatic reaction keeps dollar in demand

26 Jun 2024

Contributed by Lukas

Send us a textUS stocks edge higher amidst quiet newsflow. French elections are aroundthe corner. Aussie and loonie benefit from hotter CPI reports. Y...

Busier calendar could support the dollar

25 Jun 2024

Contributed by Lukas

Send us a textRicher US data calendar and Fedspeak today. US stocks in the red again; uptrend intact. Key inflation reports from both Canada and Austr...

Dollar headed for third weekly gains as stock rally cools

21 Jun 2024

Contributed by Lukas

Send us a textDollar stands tall after SNB cut and BoE’s dovish hold. Yen entersintervention zone as Japan’s underlying inflation falls. Euro slip...

Week ahead: US PCE inflation the highlight of a relatively light agenda

21 Jun 2024

Contributed by Lukas

Send us a textCore PCE inflation to test bets of two Fed rate cuts in 2024. Yen awaits BoJ Summary of Opinions, Tokyo CPI. Canadian CPI data also ente...

Fedspeak and US data could prop up the dollar

20 Jun 2024

Contributed by Lukas

Send us a textBack in action with a full US data calendar and Fedspeak. BoE meets butunlikely to produce headlines. SNB cuts rates and remains willing...

Wall Street sets another record after soft US retail sales

19 Jun 2024

Contributed by Lukas

Send us a textRisk appetite buoyed by signs of weakening US consumption. Wall Street closes at record highs ahead of US holiday, oil also rallies. Pou...

Fedspeak and US retail sales could test dollar’s resilience

18 Jun 2024

Contributed by Lukas

Send us a textFedspeak could prove market-moving this week.Retail sales could surprise on the downside. RBA members discussed again to hike rates. Dol...

Euro extends losses on French election jitters

17 Jun 2024

Contributed by Lukas

Send us a textEuro hits 6-week low as risk premium for French debt jumps. But equities mixed as selloff eases. Trio of central bank decisions eyed.Ris...

Week Ahead: RBA, SNB and BoE next to decide, CPI and PMI data also on tap

14 Jun 2024

Contributed by Lukas

Send us a textIt will be another central-bank-heavy week with the RBA, SNB and BoE. None are expected to cut but there’s room for surprises. Retail ...

Dollar higher, yen under pressure but stocks feel good

14 Jun 2024

Contributed by Lukas

Send us a textYen suffers from BoJ's inactivity. Dollar recovers from Wednesday’sunderperformance. US stock indices’ euphoria continues.Ri...

Fed stops dollar’s CPI-related bleed, BoJ next

13 Jun 2024

Contributed by Lukas

Send us a textDollar tumbles after weaker-than-expected CPI data. Recovers somewhat after Fed signals one rate cut. BoJ decision looms as investors be...

Traders lock gaze on US inflation and Fed decision

12 Jun 2024

Contributed by Lukas

Send us a textDollar awaits US CPI data and Fed projections. Euro still feels the heat of EU elections. Nasdaq and S&P500 hit fresh records ahead ...

Market prepares for Wednesday’s events

11 Jun 2024

Contributed by Lukas

Send us a textEuro tries to recoup part of Monday’s losses. US stock indices trade sideways but volatility remains high. Lighter US calendar but som...

Dollar rallies on NFP, euro slips after EU vote

10 Jun 2024

Contributed by Lukas

Send us a textUS nonfarm payrolls surge past expectations. Dollar skyrockets as Fed ratecuts are scaled back. Euro slips as Macron calls snap election...

Week Ahead: Fed and BoJ decide on monetary policy

07 Jun 2024

Contributed by Lukas

Send us a textUS CPI data and Fed to determine the dollar’s fate. Will the BoJ signal that another rate hike is looming? Pound traders await UK empl...

Dollar trades sideways ahead of NFP

07 Jun 2024

Contributed by Lukas

Send us a textECB cuts rates but outlook remains unclear. Market is focusing on the US labour market data. Weaker prints could open the door to a dovi...

ECB cut awaited as Wall Street sets new record

06 Jun 2024

Contributed by Lukas

Send us a textECB expected to follow in BoC’s footsteps and cut by 25bps. Fed rate cut hopes rise despite upbeat ISM services PMI. Dollar mostly ste...

Fed rate cut bets grow but dollar steadies, BoC to likely cut

05 Jun 2024

Contributed by Lukas

Send us a textSoft US data continues to pile up, boosting Fed rate cut bets. But dollar on steadier footing ahead of ISM services PMI. Bank of Canada ...

Market craves weaker US data

04 Jun 2024

Contributed by Lukas

Send us a textMonday's weaker ISM survey pushes the dollar lower. Euro/dollar rallies to a 3-month high ahead of the ECB. BoC could announce a ra...

Steady start as markets digest data ahead of rate decisions and NFP

03 Jun 2024

Contributed by Lukas

Send us a textECB cuts pared back after CPI uptick, but Fed hopes rise on softer core PCE. BoC to likely join ECB in cutting rates this week after GDP...

Week Ahead: ECB rate cut might get eclipsed by BoC surprise and NFP report

31 May 2024

Contributed by Lukas

Send us a textECB set to slash rates on Thursday, focus on forward guidance. But will the BoC take the lead when it meets on Wednesday? US jobs report...

US and Eurozone inflation data in focus

31 May 2024

Contributed by Lukas

Send us a textDollar pulls back ahead of core PCE price index. Euro awaits Eurozone flash CPI data. Wall Street closes in the red, oil extends slide.R...

Dollar rallies as market angst spreads

30 May 2024

Contributed by Lukas

Send us a textHigher Treasury yields contribute to stock indices’ retreat. Euro under pressure as the pound benefits from the election. Gold fails t...

Dollar trades sideways as focus turns to US yields

29 May 2024

Contributed by Lukas

Send us a textUS stock indices under pressure as yields climb. German CPI could dictate next week’s ECB rhetoric. Yen underperformance lingers; all ...

Euro takes advantage of weak dollar

28 May 2024

Contributed by Lukas

Send us a textDollar extends slide on thin holiday trading. More Fed officials to step ontothe rostrum. Euro gains ahead of key inflation data. Wall S...

Dollar steadies, awaiting fresh catalyst

27 May 2024

Contributed by Lukas

Send us a textUS dollar stabilizes after profit-taking pullback. Investors agree with Fed’s‘higher for longer’ view. Wall Street rebounds as AI ...

Sentiment sours after strong US PMIs; stocks slip, dollar climbs

24 May 2024

Contributed by Lukas

Send us a textRate cut expectations take another hit after upbeat PMIs. Dollar rises to 10-day high, Nvidia rally unable to lift Wall Street. Higher f...

Week Ahead: US PCE inflation and Eurozone CPI data enter the spotlight

24 May 2024

Contributed by Lukas

Send us a textDollar traders lock gaze on core PCE index. Eurozone CPIs in focus as June cut looms. Tokyo CPIs may complicate BoJ’s policy plans. Au...

Dollar benefits from hawkish Fed minutes

23 May 2024

Contributed by Lukas

Send us a textDollar rallies as both gold and bitcoin fall. Early UK elections called after mixed UK CPI report. EZ PMIs unlikely to stop the ECB from...

Dollar under pressure as Fed speakers multiply

22 May 2024

Contributed by Lukas

Send us a textFOMC minutes in the spotlight today. Mixed UK CPI probably keeps the door closed to a June move. RBNZ surprises with its hawkishness; ki...

Fed uncertainty puts stocks on edge, dollar edges up

21 May 2024

Contributed by Lukas

Send us a textFed policymakers maintain caution ahead of minutes as risk appetite ebbs. Commodities retreat from highs amid hawkish Fed, calm in Middl...

Rate cut optimism buoys equities, gold jumps on geopolitical risks

20 May 2024

Contributed by Lukas

Send us a textStocks remain on the front foot despite wavering rate cut bets. Optimism prevails even as gold rallies on Middle East uncertainties. Sub...

Week Ahead: Flash PMIs, UK & Japan CPIs in focus; RBNZ to hold rates

17 May 2024

Contributed by Lukas

Send us a textAfter cool US CPI, attention shifts to UK and Japanese inflation. Flash PMIs will be watched too amid signs of a rebound in Europe. Fed ...

Dollar rebounds as US import prices accelerate

17 May 2024

Contributed by Lukas

Send us a textUS import prices see largest surge in two years. Investors scale back Fed rate cut bets. Yen slides on BoJ bond operation, Ueda’s rema...

Dollar plummets as US data supports Fed rate cuts

16 May 2024

Contributed by Lukas

Send us a textUS inflation resumes downtrend, retail sales stagnate. Dollar falls as investors add to Fed rate cut bets. Yen gains even as Japanese ec...

Dollar under pressure ahead of the US CPI release

15 May 2024

Contributed by Lukas

Send us a textCountdown to US CPI report is almost over. Increased risk of an upside surprise after strong PPI. US dollar on the back foot today as eq...

Range trading continues as markets prepare for Wednesday’s CPI

14 May 2024

Contributed by Lukas

Send us a textDollar recovers somewhat while US stocks’ rally stalls. PPI and FedChairman Powell could wake up the market later today. Mixed UK la...

Investors cautious as spotlight falls on US inflation

13 May 2024

Contributed by Lukas

Send us a textDollar gains slightly on hawkish Fed remarks. Investors scale back their Fed rate cut bets. China’s CPI rises for the third straight m...

Dollar slides, gold shines after soft US labor market data

10 May 2024

Contributed by Lukas

Send us a textDollar drops as jobless claims signal labor market is losing steam. Gold and stock markets climb, capitalizing on Fed rate cut bets. St...

Week Ahead: US inflation numbers to shake Fed rate cut bets

10 May 2024

Contributed by Lukas

Send us a textFed rate-cut speculators rest hopes on US inflation data. After dovish BoE, pound traders turn to UK job numbers. Will a strong labor ma...

Pound slides ahead of Bank of England decision

09 May 2024

Contributed by Lukas

Send us a textBoE meeting in the spotlight today - likely to downplay June rate cut. Yenlanguishes, trapped between FX intervention and low interest r...

US dollar recovers, stocks’ rally stalls as market tries to find its footing

08 May 2024

Contributed by Lukas

Send us a textFed expectations drive the market; three Fed speakers on the wires today. Dollar recovers but all eyes are on the US stocks and Treasury...

Dollar stays weak as Fed rate cut bets increase

07 May 2024

Contributed by Lukas

Send us a textUS labor market cools more than expected. Dollar slides as two rate cuts this year become more likely. Yen retreats as intervention mome...

Week Ahead: BoE and RBA decisions headline a calm week

03 May 2024

Contributed by Lukas

Send us a textBank of England meets on Thursday, unlikely to signal rate cuts. Reserve Bank of Australia could maintain a higher-for-longer stance. El...

Dollar rebounds, yen off highs after suspected intervention

30 Apr 2024

Contributed by Lukas

Send us a textYen eases from highs as Japanese authorities stay mum on intervention. Dollar creeps higher, euro softer as attention turns to Eurozone ...

Yen spikes on suspected intervention; big week awaits the dollar

29 Apr 2024

Contributed by Lukas

Send us a textYen reverses higher after breaching 160/dollar, but no comment on intervention. Dollar slips despite more hot inflation data; Fed decisi...

Yen keeps sinking after Bank of Japan decision

26 Apr 2024

Contributed by Lukas

Send us a textYen falls to fresh multi-decade lows after BoJ rate decision. US GDP flashes mixed signals, dollar retreats in aftermath. Stocks recover...

Week Ahead: Hawkish risk as Fed and NFP on tap, Eurozone data eyed too

26 Apr 2024

Contributed by Lukas

Send us a textFed meets on Wednesday as US inflation stays elevated. Will Friday’s jobs report bring relief or more angst for the markets? Eurozone ...

Yen tumbles to fresh lows, dollar awaits GDP

25 Apr 2024

Contributed by Lukas

Send us a textYen falls to new 34-year low ahead of BoJ decision. Dollar traders await GDP and PCE data. Wall Street mixed, gold stays on the back foo...

Stocks in the green, dollar stable as next batch of US data awaited

24 Apr 2024

Contributed by Lukas

Send us a textStocks feeling more positive following the US PMI miss. Busy earnings calendar as focus remains on US data prints. Dollar/yen remains a ...

Dollar pulls back, but yen hits new 34-year low

23 Apr 2024

Contributed by Lukas

Send us a textDollar loses ground against risk-linked currencies. But yen continues to slide to new 34-year low. Stocks rebound, gold falls on easing ...

Risk appetite returns as geopolitical fears calm

22 Apr 2024

Contributed by Lukas

Send us a textGlobal markets in a better mood amid lack of Iran-Israel escalation. Stocks recover after sharp selloff, oil and gold prices turn down. ...

Safe havens jump as Israel retaliates against Iran

19 Apr 2024

Contributed by Lukas

Send us a textGold, franc, yen and oil spike higher after Israel strikes Iran. But gains are pared after retaliatory response seen to be limited. Stoc...

Week Ahead: US GDP and BoJ decision on top of next week’s agenda

19 Apr 2024

Contributed by Lukas

Send us a textUS GDP, core PCE and PMIs the next tests for the dollar. Investors await BoJ for guidance about next rate hike. EU and UK PMIs, as well ...

US dollar on the back foot as nervousness lingers in equity markets

18 Apr 2024

Contributed by Lukas

Send us a textEuro edges higher despite continued hawkish commentary from Fed officials. Geopolitical developments cast doubt on ECB June rate cut. Ye...

Geopolitics and Fedspeak keep stocks under pressure

17 Apr 2024

Contributed by Lukas

Send us a textStocks remain under pressure as Fedspeak and US data dent rate cuts chances. Dollar remains dominant against both the euro and the yen. ...

Stocks slide, dollar soars as rate cut bets take another hit

16 Apr 2024

Contributed by Lukas

Send us a textSurging US retail sales dampen Fed rate cut expectations. Wall Street sinks, dollar scales fresh highs as yields jump. China GDP beat of...

Iranian attacks put markets on edge, but fallout limited

15 Apr 2024

Contributed by Lukas

Send us a textMarkets steady after Israel and allies intercept Iranian missiles and drones. Hopes of no further escalation in conflict lift equities, ...

Week Ahead: More inflation data on the way as rate cut bets thrown into disarray

12 Apr 2024

Contributed by Lukas

Send us a text CPI numbers due in the UK and Japan. China to also come into the spotlight as Q1 GDP eyed. US retail sales to kickstart the week as ea...

Dollar pulls back; ECB sends clearer cut signals

12 Apr 2024

Contributed by Lukas

Send us a textDollar takes a breather, but Fed bets remain unchanged. Euro suffers as ECB points to June rate cut. Yen intervention warnings intensify...

Dollar surges across the board on hot inflation data

11 Apr 2024

Contributed by Lukas

Send us a textDollar rallies on hotter-than-expected US CPI numbers. Dollar/yen breaks above 152 and triggers fresh warnings. BoC adds fuel to June ra...

Dollar and equities trade higher in anticipation of US CPI release

10 Apr 2024

Contributed by Lukas

Send us a textUS Dollar and stocks are in the green today ahead of the key US CPI report. All eyes will be on equites if CPI surprises on the upside. ...

Gold shines bright, yen knocks on intervention door

09 Apr 2024

Contributed by Lukas

Send us a textGold prices remain near record highs - is the rally overstretched? Yen hovers at multi-decade lows, FX intervention still on the radar. ...

Stocks climb after sizzling US jobs report

08 Apr 2024

Contributed by Lukas

Send us a textNonfarm payrolls smash forecasts, reaffirming labor market strength. But dollar unable to hold onto gains, as stock markets race higher....

Fed hawks spook markets ahead of NFP

05 Apr 2024

Contributed by Lukas

Send us a textHawks dominate latest round of Fed speak; stocks slip, dollar rebounds. But rate cut odds little changed as US jobs report awaited. Yen ...

Week Ahead: ECB decision and US inflation to fuel FX volatility

05 Apr 2024

Contributed by Lukas

Send us a textCentral bank decisions in Eurozone, Canada, and New Zealand. Highlight will be the ECB - likely to signal a rate cut in June. In US, dol...

Equities in the green as they prepare for Friday’s jobs data

04 Apr 2024

Contributed by Lukas

Send us a textStocks bounce higher, helped by Chairman Powell and weaker data. Eurogains despite weaker inflation; gold makes a new all-time high. A p...

Equities under growing pressure, eye US data, amid rate cut doubts

03 Apr 2024

Contributed by Lukas

Send us a textStocks suffer as chances of a summer Fed rate cut decrease. Extra focus on today’s US data releases and Fed speakers. Euro shows resil...

Dollar and gold rise in tandem as Fed rate cut bets pared back

02 Apr 2024

Contributed by Lukas

Send us a textDollar strengthens across the board after upbeat ISM as June cut hopes fade. Japan keeps up intervention rhetoric as yen stays under pre...

Week Ahead: Rate cut hopes rest on US jobs report and Eurozone flash CPI

29 Mar 2024

Contributed by Lukas

Send us a text Nonfarm payrolls report and European flash CPI to shape rate cut bets. ISM PMIs to also be important for Fed expectations and US dolla...

Core PCE inflation takes center stage

29 Mar 2024

Contributed by Lukas

Send us a textDollar extends advance ahead of core PCE data. Dollar/yen stays on intervention watch. S&P 500 secures strongest Q1 in five years. G...

Fed’s Waller fuels the dollar, yen intervention warnings intensify

28 Mar 2024

Contributed by Lukas

Send us a textFed Gov. Waller says no rush to lower rates. June rate cut probability declines, dollar gains. Yen recovers on stronger intervention war...

Yen sinks to intervention ‘danger zone’

27 Mar 2024

Contributed by Lukas

Send us a textYen slips to new 34-year low, drawing stronger intervention threats. Swiss franc loses ground too, dollar rebounds after solid US data. ...

Yen stabilizes as Japan ramps up intervention warning

26 Mar 2024

Contributed by Lukas

Send us a textThreats of FX intervention help yen to stabilize near three-decade lows.Dollar and stocks take a step back, Bitcoin jumps in anticipatio...

Stocks at fresh records even as dollar bounces back

22 Mar 2024

Contributed by Lukas

Send us a textWall Street leads rally in equity markets, fuelled by rate cut optimism. ButUS dollar stages surprise rebound amid US exceptionalism. Po...

Week Ahead: Markets quiet down after central bank frenzy

22 Mar 2024

Contributed by Lukas

Send us a textDollar recovers after Fed selloff, turns to PCE inflation. Yen falls despite rate increase, testing three-decade lows. Quarter-end flows...

Dollar tumbles as Fed still sees three rate cuts this year

21 Mar 2024

Contributed by Lukas

Send us a textFed’s updated dot plot continues to suggest three rate cuts in 2024. Dollar tumbles across the board, June cut probability rises. Poun...

Dollar rises as Fed enters spotlight, yen plummets

20 Mar 2024

Contributed by Lukas

Send us a textUS dollar gains as traders brace for hawkish Fed. Yen tumbles despite BoJ’s historic decision. Loonie slides on cooler than expected C...

BoJ hikes, scraps yield curve control, but yen slumps

19 Mar 2024

Contributed by Lukas

Send us a textBoJ ends negative rates and yield curve control in historic move. But yen can’t catch a break as Ueda signals ongoing accommodative st...

Dollar recovers, equities stall after US data releases

15 Mar 2024

Contributed by Lukas

Send us a textDollar stages comeback as US data fuels speculation of fewer Fed cuts. Stocks and Bitcoin take a step back, oil climbs after Ukraine dro...

Week Ahead: Five central banks: who will hike, who will not cut?

15 Mar 2024

Contributed by Lukas

Send us a textFed meets on Wednesday with focus on new dot plot. Will the Bank of Japan finally end negative rates on Tuesday? BoE and RBA to stick wi...

US PPI and retail sales data enter the limelight

14 Mar 2024

Contributed by Lukas

Send us a textAfter hot CPI inflation, dollar awaits PPI and retail sales data. Yen on theback foot as BoJ March hike bets decrease. S&P 500 a...

Peter McGuire XM.com speaks with The Core - 14/03/2024

14 Mar 2024

Contributed by Lukas

Send us a textPeter McGuire XM.com speaks with The Core anchor Govindraj Ethiraj.Risk Warning: Our services involve a significant risk and can result ...

Stocks power to new records despite hot US inflation

13 Mar 2024

Contributed by Lukas

Send us a textUS inflation comes in hotter than expected, but markets brush it off. Dollar unable to gain much, equities close at new all-time highs. ...

Investors lock gaze on US inflation data

12 Mar 2024

Contributed by Lukas

Send us a textDollar trades cautiously ahead of inflation numbers. Yen pulls back on Ueda’s and Suzuki’s remarks. Pound retreats but BoE still exp...

Gold shines, dollar languishes after mixed US payrolls

11 Mar 2024

Contributed by Lukas

Send us a textDollar in limbo after mixed signals from US employment report. Japanese yen and British pound capitalize most on dollar’s troubles. Go...

Dollar gets smoked ahead of nonfarm payrolls

08 Mar 2024

Contributed by Lukas

Send us a textDollar falls sharply, will US employment data fuel this selloff? Yen stagescomeback, euro climbs as well after ECB decision. Gold and st...

Week Ahead: US CPI to headline dull week, may spoil the calm

08 Mar 2024

Contributed by Lukas

Send us a textUS inflation and retail sales data to take the spotlight as dollar slips. UK jobs and GDP numbers coming up too amid recession woes. Wil...

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