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Global Market Insights - Forex, Futures, Stocks

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China concerns hit sentiment; dollar looks to Powell Co. for direction

20 Jun 2023

Contributed by Lukas

Send us a textChina rate cut unable to lift market mood as doubts grow about economy. Wall Street futures struggle ahead of Powell testimony, dollar d...

Stocks slip, dollar steadies as rate hikes, a rate cut and Powell awaited

19 Jun 2023

Contributed by Lukas

Send us a textEquities start week on the backfoot amid uncertainties; can Powell changethe mood? China steps up effort to boost economy but Asian sto...

Dollar falls on soft data, euro rallies after ECB

16 Jun 2023

Contributed by Lukas

Send us a textInvestors defy Fed, expecting rates to peak soon. ECB appears hawkish, lifts the euro. BoJ maintains loose policy, hurts the yen. Wall ...

Week Ahead: Can the BoE and SNB hike by 50bps? Flash PMIs incoming

16 Jun 2023

Contributed by Lukas

Send us a textThe central bank theme will continue in the coming week with the Bank of England and Swiss National Bank next to announce their interest...

Peter McGuire speaks with Bloomberg Radio - 16/06/2023

16 Jun 2023

Contributed by Lukas

Send us a textPeter McGuire XM.com speaks with Bloomberg Daybreak Asia anchors Bryan Curtis and Paul AllenRisk Warning: Our services involve a signifi...

Fed sounds hawkish but traders don’t buy it, ECB next

15 Jun 2023

Contributed by Lukas

Send us a textFed holds rates steady but signals 2 more rate hikes this year. Yet markets were not convinced, dollar weakens, stocks jump. ECB decisio...

Inflation data pushes dollar lower ahead of Fed decision

14 Jun 2023

Contributed by Lukas

Send us a textDollar slides as CPI numbers increase Fed skip chances. Fed decides today, spotlight to fall on dot plot. Wall Street extends rally afte...

Dollar slips, stocks soar ahead of US inflation report

13 Jun 2023

Contributed by Lukas

Send us a textAll eyes on US inflation data today, could influence Fed decision. Dollar slips, sterling jumps after jobs data, stocks power higher. Ch...

Markets calm before the central bank storm

12 Jun 2023

Contributed by Lukas

Send us a textMassive week begins, featuring rate decisions in US, Europe, and Japan. US inflation report also on tap tomorrow, could influence Fed de...

Stocks resume climb after uptick in jobless claims, dollar tumbles

09 Jun 2023

Contributed by Lukas

Send us a textUS weekly jobless claims hit highest in 1½-years, boosting Fed pause bets. Tech stocks find reason to celebrate as yields decline but C...

Week Ahead: Fed, ECB, and BoJ meet after US inflation report

09 Jun 2023

Contributed by Lukas

Send us a textA bombshell week is coming up, featuring rate decisions in the United States, Eurozone, and Japan. The Fed is likely to ‘pause’ acco...

Dollar gets sidetracked as BoC joins RBA’s hawkish tilt

08 Jun 2023

Contributed by Lukas

Send us a textBoC delivers second surprise hike of the week, aussie and loonie shine. Markets forced to reassess their understanding of a ‘pause’....

Dollar mixed amidst increasing chances of a Fed skip

07 Jun 2023

Contributed by Lukas

Send us a textThe probability of a Fed pause next week rises to 80%. Dollar gains the most against euro, loses versus the aussie. Investors are split ...

Surprise RBA hike lifts aussie but Fed pause bets weigh on dollar

06 Jun 2023

Contributed by Lukas

Send us a textAussie jumps after RBA’s shock hike, loonie buoyed ahead of BoC decision. US dollar on the backfoot after disappointing ISM services P...

Dollar weakens further ahead of the NFPs

02 Jun 2023

Contributed by Lukas

Send us a textDollar extends slide on slowing unit labor costs. Investors scale back their Fed hike bets. NFPs enter the limelight; mind the earnings....

Week Ahead: RBA and BoC to hold rates but might be tempted to hike, OPEC meets

02 Jun 2023

Contributed by Lukas

Send us a textPolicy decisions from the RBA and the Bank of Canada will be taking centre stage next week amid an otherwise light agenda. In the United...

Fed officials signal pause in rates, dollar retreats

01 Jun 2023

Contributed by Lukas

Send us a textDollar loses steam after Fed members indicate ‘pause’ in rate hikes. US debt ceiling deal passes House, but stocks and gold unintere...

Weak Chinese data pushes risk assets lower

31 May 2023

Contributed by Lukas

Send us a textChina PMIs disappoint, dragging down risk-sensitive currencies. Yen recovers, helped by safe-haven flows and Tokyo FX warning. Euro turn...

Dollar fires up, pushes gold down the stairs

30 May 2023

Contributed by Lukas

Send us a textDollar continues to recover ground, bolstered by Fed bets. Gold falls to 6-week lows as debt ceiling deal spreads relief. Stocks set to ...

Biden and McCarthy agree to raise US debt ceiling

29 May 2023

Contributed by Lukas

Send us a textBiden and McCarthy find common ground, deal ready for Congress vote. Dollar takes a breather, but summer hike bets increase. Turkish lir...

Dollar pauses for breath ahead of inflation data, tech rally eases

26 May 2023

Contributed by Lukas

Send us a textFed rate cut bets continue to be priced out, all eyes on core PCE inflation. US dollar softer today but still headed for third weekly ga...

Week Ahead: Nonfarm payrolls eyed as dollar rides Fed bets

26 May 2023

Contributed by Lukas

Send us a textWith investors flirting with the idea of one final Fed rate increase this summer and the dollar making a comeback, there will be increas...

Gold and yen scorched by rising yields, Nvidia saves stocks

25 May 2023

Contributed by Lukas

Send us a textDollar continues its grind higher, empowered by Fed bets and risk aversion. Gold gets burned by rising yields, central bank divergence h...

FOMC minutes on the radar as dollar attempts comeback

24 May 2023

Contributed by Lukas

Send us a textDollar extends recovery, stock markets slide in risk-off session. Sterling takes a hit despite hot UK inflation, RBNZ sinks the kiwi. De...

Markets calm but nervous as debt ceiling and Fed drama drag on

23 May 2023

Contributed by Lukas

Send us a textBiden-McCarthy talks end with no deal but both sides remain hopeful. Stocks subdued but dollar edges up as Fed rhetoric stays on the haw...

Powell talks pause but debt ceiling uncertainty weighs on sentiment

22 May 2023

Contributed by Lukas

Send us a textPowell signals Fed may be done raising rates, pushing June hike odds into reverse. Dollar takes a tumble but quickly finds its footing. ...

Dollar flexes muscles as June hike bets rise

19 May 2023

Contributed by Lukas

Send us a textDebt-ceiling headlines stay encouraging. Initial jobless claims surprise tothe downside. Fed officials continue to appear in hawkish sui...

Week Ahead: RBNZ, Fed minutes, UK & US inflation, flash PMIs to headline packed week

19 May 2023

Contributed by Lukas

Send us a textThe RBNZ looks set to raise rates for a 12th time in the coming week, while inflation figures out of the United Kingdom and United State...

Dollar holds firm on debt-ceiling hopes

18 May 2023

Contributed by Lukas

Send us a textDebt-ceiling negotiations moving in the right direction. Housing data point to improvement. US dollar gains, but full-scale reversal rem...

Gold slides as traders unwind Fed rate cut bets

17 May 2023

Contributed by Lukas

Send us a textGold and yen fall, dollar gains after solid US data and Fedspeak. Stocks mixed, resilience of tech shares holding up entire market. Debt...

Focus shifts to US retail sales and debt ceiling talks

16 May 2023

Contributed by Lukas

Send us a textDollar inches lower, stocks cheer after soft US manufacturing data. Next items on the agenda are US retail sales and debt ceiling talks....

Dollar back in action as Fed considers another rate hike

15 May 2023

Contributed by Lukas

Send us a textDollar comes back to life after Michigan data and hawkish Fed remarks. Rising yields inflict damage on Japanese yen, but gold finds dip ...

Dollar gains despite increasing Fed cut bets

12 May 2023

Contributed by Lukas

Send us a textJobless claims jump to a 1-1/2-year high. Dollar attracts haven flows, but too early for reversal. BoE hikes, revises up inflation and G...

Week Ahead: Focus on US retail sales as debt ceiling drama rumbles on

12 May 2023

Contributed by Lukas

Send us a textWith no central bank decisions on the menu next week, investors will turn to data releases. Top of the list is the US retail sales repor...

US inflation dips below 5% but dollar quickly bounces back

11 May 2023

Contributed by Lukas

Send us a textUS CPI eases to two-year low, fuelling Fed rate cut expectations. Yieldsdecline but dollar advances after limited selloff. Pound in the ...

US inflation report awaited for direction as stocks, dollar drift

10 May 2023

Contributed by Lukas

Send us a textNerves kick in as debt ceiling talks drag on, uncertainty builds ahead of US CPI. Dollar pares some gains, euro bounces off lows but lac...

Dollar receives mild support ahead of CPI data

09 May 2023

Contributed by Lukas

Send us a textDollar rises as Fed survey eases recession fears. Risk-linked currencies gain more on improving sentiment. Spotlight turns to US CPI num...

Dollar can’t catch a break despite solid NFP as CPI eyed

08 May 2023

Contributed by Lukas

Send us a textUS dollar stays on the backfoot even as jobless rate unexpectedly dips inApril. Fed rate cut bets still elevated; will inflation data al...

Nonfarm payrolls set to unleash more volatility

05 May 2023

Contributed by Lukas

Send us a textUS employment data in focus today, most signs point to a solid report. ECB raises rates and strikes hawkish tone, but euro trades lower....

Week Ahead: BoE takes the central bank torch, US CPI data also in focus

05 May 2023

Contributed by Lukas

Send us a textFollowing the FOMC and ECB decisions last week, the central bank torch will now be passed to the BoE, which will deliver its decision on...

Fed hints at possible pause; ECB enters the spotlight

04 May 2023

Contributed by Lukas

Send us a textFed hikes by 25bps, but turns data dependent. Dollar extends slide as investors price in a June pause. ECB to hike by 25bps as well, foc...

Dollar on the back foot ahead of Fed decision

03 May 2023

Contributed by Lukas

Send us a textUS debt default and banking sector concerns hurt the dollar. Fed to hike, focus to fall on forward guidance. Wall Street in defensive mo...

Surprise rate hike boosts Australian dollar, yen hits 15-year lows

02 May 2023

Contributed by Lukas

Send us a textYen sinks to 15-year low against euro, decimated by central bank divergence. Reserve Bank of Australia surprises with rate increase, lif...

Yen sinks after BoJ leaves policy unchanged, dollar shrugs off GDP miss

28 Apr 2023

Contributed by Lukas

Send us a textBoJ tweaks guidance but long review dampens bets of near-term policy overhaul. Yen tumbles, adding to dollar’s upside after core PCE d...

Week Ahead: Fed and ECB decisions set the stage for US payrolls

28 Apr 2023

Contributed by Lukas

Send us a textAn explosive week lies ahead for global markets, featuring central bank decisions in the United States, Eurozone, and Australia, alongsi...

Recession fears mount but fails to maintain haven status

27 Apr 2023

Contributed by Lukas

Send us a textOngoing uncertainties in the US hurt the dollar. Atlanta Fed GDP estimaterevised lower ahead of official data. BoJ expected to stand pat...

Dollar gains amid renewed recession fears

26 Apr 2023

Contributed by Lukas

Send us a textDollar, yen gain as investors seek shelter. Fed rate cut bets are back firmly on the table. Euro uptrend may stay the course as ECB seen...

Dollar and stocks struggle amid anxious calm before the storm

25 Apr 2023

Contributed by Lukas

Send us a textTech earnings and US data awaited for direction as outlook remainsclouded. Lingering uncertainties drag US yields and the dollar lower; ...

Markets steady after solid PMIs, US data and BoJ awaited

24 Apr 2023

Contributed by Lukas

Send us a textUS business activity picks up in April, but Fed still seen pausing after May.Mixed start for dollar and stocks before barrage of tech ea...

Dollar eyes weekly gain, but Fed pivot bets increase

21 Apr 2023

Contributed by Lukas

Send us a textDisappointing US data revives Fed pivot speculation. ECB to stay thecourse on rate hikes. Yen enjoys safe-haven flows, inflation data al...

Week Ahead: Spotlight on BoJ’s Ueda as first meeting looms; US and Eurozone data eyed too

21 Apr 2023

Contributed by Lukas

Send us a textThe Bank of Japan will hold its first policy meeting under the stewardship of Kazuo Ueda next week, although it’s looking unlikely tha...

Gold finds dip buyers, oil begins to fill OPEC gap

20 Apr 2023

Contributed by Lukas

Send us a textGold refuses to decline as central bank demand remains in play. Drop in oil prices hits Canadian dollar, Tesla earnings disappoint. Focu...

Sterling leaps higher on inflation stats, yen in trouble

19 Apr 2023

Contributed by Lukas

Send us a textHot UK inflation print adds fuel to BoE rate bets, lifting pound. Yen gets scorched by revival in US yields, but dollar can’t rally. S...

Week Ahead: Avalanche of data releases to keep traders busy

13 Apr 2023

Contributed by Lukas

Send us a textThere are no major central bank decisions scheduled for next week, butthat doesn’t mean markets will be quiet as there’s a ton of da...

Dollar extends fall as CPI data and Fed minutes corroborate pivot bets

13 Apr 2023

Contributed by Lukas

Send us a textHeadline CPI rate drops by a full percentage point, core ticks up. Investors still expect another 25bps hike, but maintain rate cut bets...

Dollar slides ahead of US inflation data and Fed minutes

12 Apr 2023

Contributed by Lukas

Send us a textDollar slides as traders seem reluctant to buy ahead of CPI figures. Wall Street mixed ahead of today’s data, bank earnings on Friday....

Wall Street and dollar see-saw as Fed rate path steepens

11 Apr 2023

Contributed by Lukas

Send us a textUS stocks stage late rebound despite ratcheting up of Fed rate hike bets.Asian mood also perks up as regional central banks seen on paus...

Muted response to solid jobs report as focus quickly shifts to US CPI

10 Apr 2023

Contributed by Lukas

Send us a textDollar firms as May rate hike seen more certain after another healthy gain in US jobs. Yet, overall reaction has been muted amid thin tr...

Nonfarm payrolls set to rattle deserted markets

07 Apr 2023

Contributed by Lukas

Send us a textNonfarm payrolls report coming up, early indicators flash mixed signals. Most markets will remain closed today, so FX is the main game i...

Week Ahead: US CPI data, Fed minutes, and BoC decision on investors’ radar

07 Apr 2023

Contributed by Lukas

Send us a textNext week starts on a quiet note as Monday is Easter Monday for most economies on our radar. That said, the calendar becomes heavier as ...

Dollar reclaims safe-haven status as recession fears intensify

06 Apr 2023

Contributed by Lukas

Send us a textISM non-manufacturing PMI disappoints, adding to downturn. Dollar gains despite Treasury yields extending their slide. Gold maintains ‘...

Dollar extends slide as US job openings tumble

05 Apr 2023

Contributed by Lukas

Send us a textUS job openings slide to the lowest since May 2021. Wall Street slides as data revives recession fears. Gold rallies above $2000 as Fed ...

Dollar slips, stocks climb after disappointing US data

04 Apr 2023

Contributed by Lukas

Send us a textContraction in US manufacturing emboldens bets for Fed cuts. Dollar slides, stock markets rally with boost from energy shares. RBA hits ...

OPEC supply cut boosts oil prices, helps dollar recover

03 Apr 2023

Contributed by Lukas

Send us a textSurprise production cut from OPEC propels oil prices higher. Dollar benefits as resurfacing inflation concerns fuel Fed bets. Stocks clo...

Stocks headed for quarterly gains despite turmoil, dollar set for losses

31 Mar 2023

Contributed by Lukas

Send us a textEquities to end week and quarter in buoyant mood as tech-led rebound gathers pace. Fed speakers keep rate hike door wide open, dollar fi...

Week Ahead: Nonfarm payrolls to set the tone for US dollar

31 Mar 2023

Contributed by Lukas

Send us a textWith the banking turmoil receding, market participants will turn their attention back to economic releases. The spotlight will fall on t...

Dollar trades mixed, awaits PCE inflation data

30 Mar 2023

Contributed by Lukas

Send us a textDollar trades mixed against the other majors. PCE numbers and Fed speakers could reshape Fed bets. Germany’s CPI data due out a day ah...

Weaker yen gives dollar a lift as stocks climb on easing banking fears

29 Mar 2023

Contributed by Lukas

Send us a textStocks extend gains as banking turmoil continues to subside. Dollar catches up with firmer Treasury yields, yen tumbles. Oil rises to 2-...

Equities extend cautious rebound, dollar slips as bank stocks rally

28 Mar 2023

Contributed by Lukas

Send us a textBanking turmoil subsides further, sparking rotation away from tech into financials. Deutsche Bank joins in the rally as officials play d...

Yen shines, dollar stalls as traders bet Fed is bluffing

24 Mar 2023

Contributed by Lukas

Send us a textSpeculation for Fed rate cuts intensifies, keeping dollar in slow gear. Yenadvances as yields edge lower, stock markets resume selloff. ...

Week Ahead: Eurozone and US inflation to come under the microscope after rate decisions

24 Mar 2023

Contributed by Lukas

Send us a textAmid ongoing jitters about the fallout from the banking sector, inflation will fall back into the limelight next week. The flash CPI rea...

Dollar slides as Fed hints at pause; BoE up next

23 Mar 2023

Contributed by Lukas

Send us a textFed hikes by 25bps, opens the door to a pause. Dollar slides across the board. Wall Street falls on Powell and Yellen remarks. SNB deliv...

Fed set to raise rates, but will Powell signal a pause?

22 Mar 2023

Contributed by Lukas

Send us a textWith banking nerves calming down, Fed is set to raise interest rates today. Market reaction will depend mostly on rate projections and P...

Gold loses steam, stocks recover as banking storm eases

21 Mar 2023

Contributed by Lukas

Send us a textNerves around banking sector recede for now, as traders bet on Fed cuts. Gold loses some of its safe-haven appeal, stock markets bounce ...

Banking turmoil keeps sentiment fragile; investors want the Fed to pivot

20 Mar 2023

Contributed by Lukas

Send us a textBanking fears persist despite contingency plans. Yen gains as equities andbond yields slide. Fed is seen pausing and initiating rate cut...

ECB hikes amid turmoil but opens door to pause, lifting markets

17 Mar 2023

Contributed by Lukas

Send us a textECB delivers what it promised but abandons forward guidance, euro climbs. US banks pour $30 billion into troubled First Republic in resc...

Week Ahead: Fed decision to fuel volatility in nervous market

17 Mar 2023

Contributed by Lukas

Send us a textWith cracks appearing in the US banking system, markets think there’s a chance the Fed won’t raise rates at all next week. But consi...

Dollar gains as panic returns, ECB meets amidst banking crisis

16 Mar 2023

Contributed by Lukas

Send us a textThe dollar and the yen Wednesday’s main gainers. Franc and euro lose the most ground on Credit Suisse fallout. ECB decides on interest...

Markets rebound, then falter as fears grow over Credit Suisse

15 Mar 2023

Contributed by Lukas

Send us a textSVB contagion fears continue to recede, spurring a global rebound in stock markets. But the mood sours again as Credit Suisse shares sin...

Bank stocks pummelled but some calm restored ahead of US CPI

14 Mar 2023

Contributed by Lukas

Send us a textFinancial stocks remain pressured but broader selloff eases as panic subsides. US inflation in the spotlight after sharp repricing of Fe...

Dollar slides on Fed pause bets after SVB crisis

13 Mar 2023

Contributed by Lukas

Send us a textFed and US Treasury announce plans following SVB collapse. Investorstake a 50bps Fed hike off the table, see likelihood of pause. US sto...

Investors hit panic button ahead of nonfarm payrolls

10 Mar 2023

Contributed by Lukas

Send us a textDollar turns its sights to another decisive US employment report. Yen slipsas Bank of Japan refuses to tighten, gold tries to recover. S...

Week Ahead: US inflation, ECB decision to test markets’ nerve

10 Mar 2023

Contributed by Lukas

Send us a textThe US inflation report and the European Central Bank’s policy meeting will share the limelight next week amid another round of ratche...

Dollar awaits the NFPs, BoC leaves rates untouched

09 Mar 2023

Contributed by Lukas

Send us a textFed Chair Powell reiterates hawkish message. Data points to tightening US labor market. BoC becomes the first major central bank to paus...

Dollar rallies as Powell appears in a hawkish suit

08 Mar 2023

Contributed by Lukas

Send us a textFed Chair Powell stresses the need for higher rates. Dollar rallies across the board, as Fed hike bets surge. BoC is widely anticipated ...

Dollar retreats ahead of Powell’s testimony

07 Mar 2023

Contributed by Lukas

Send us a textFed chief testifies before Congress, investors focused on his tone. Aussie slides after cautious RBA rate hike, yen ignores softer data....

Gold and stocks recover as US yields cool off

06 Mar 2023

Contributed by Lukas

Send us a textGold and equities bounce back, capitalizing on retreat in US rates. Dollardrifts lower despite strong data, pressured by cheerful mood. ...

Week Ahead: Will the BoJ shock markets ahead of US payrolls?

03 Mar 2023

Contributed by Lukas

Send us a textMarket participants are in for a wild ride, as the coming week is loaded with promising events. The ball will get rolling with central b...

Dollar slips from highs ahead of ISM services as stocks defy soaring yields

03 Mar 2023

Contributed by Lukas

Send us a textDollar eases from highs as yields rally pauses for breath ahead of ISM services PMI. But Wall Street bounces back as Fed officials hint ...

Dollar slides on Chinese data, euro awaits inflation numbers

02 Mar 2023

Contributed by Lukas

Send us a textDollar slips as Chinese PMIs spark risk-on. But pares losses after ISM manufacturing PMI data. Euro traders await Eurozone inflation num...

Sentiment improves on upbeat Chinese PMIs, dollar sags

01 Mar 2023

Contributed by Lukas

Send us a textStrong China factory data boosts equities but rate hike fears limit gains. Dollar pulls back, euro climbs as ECB starts QT. Aussie and l...

Dollar pulls back, pound the main gainer

28 Feb 2023

Contributed by Lukas

Send us a textDollar slides as durable goods orders slip more than expected. Pound outperforms on New Northern Ireland deal. Equities gain, but outloo...

Yen slips on cautious Bank of Japan signals

24 Feb 2023

Contributed by Lukas

Send us a textYen retreats after incoming BoJ Governor strikes cautious tone. Dollargrinds higher, pushing gold to lowest levels of 2023. Stock market...

Week Ahead: US ISM PMIs and Eurozone CPI data enter the spotlight

24 Feb 2023

Contributed by Lukas

Send us a textFollowing a relatively busy week, the calendar becomes lighter next week. However, that doesn’t mean there are no important economic r...

Dollar stays strong after Fed minutes, yen awaits Ueda

23 Feb 2023

Contributed by Lukas

Send us a textFed minutes show that almost all officials backed 25bps hike. Dollar strengthens as they remain willing to adjust as necessary. Yen trad...

Dollar extends gains after PMIs, awaits Fed minutes

22 Feb 2023

Contributed by Lukas

Send us a textDollar strengthens as better PMIs add to Fed hike bets. Eurozone and UK PMIs also surprise to the upside. Equities and risk-linked curre...

Dollar creeps higher, stocks retreat as traders play defense

21 Feb 2023

Contributed by Lukas

Send us a textDollar advances against risk-linked currencies, helped by rising yields. Stocks retreat, investors face ‘reality check’ on expensive...

Mounting Fed bets cannot propel dollar higher

20 Feb 2023

Contributed by Lukas

Send us a textDollar unable to capitalize on ‘higher for longer’ Fed bets. Yen and gold feel the heat of rising US yields instead. Stocks remain r...

Week Ahead: Fed minutes and RBNZ decision coming up

17 Feb 2023

Contributed by Lukas

Send us a textnvestors will receive another dose of crucial data releases next week that can fuel market volatility. The highlight will be the minutes...

Data and Fed officials take the dollar higher

17 Feb 2023

Contributed by Lukas

Send us a textUS producer prices accelerate, initial jobless claims slide. Fed’s Mester and Bullard appear in their hawkish suits. Dollar extends ga...

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