Global Bond Yield Analysis US and UK price pressures slow down. Interest rate forecasts point to a series of cuts next year. DailyFX Economic Calendar The bond market is back in the headlines again as global yields slumped yesterday after the release of the latest US inflation report. While Tuesday’s US CPI report showed both
Stock market gains today: The S&P 500 is up 1.9% The Nasdaq up 2.3% The Russell 2000 up 3.7% It’s a bonanza in markets after US CPI was slightly lower than expected today. The market has priced out any further Fed rate hikes and is cheering the likelihood of a soft landing in the US.
© Reuters. A Japan Yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) -The Japanese yen was under pressure on Tuesday, as traders waited for important U.S. inflation data which could either provide some relief for the beleaguered currency or push the
Market Week Ahead: US Dollar, Gold, GBP/USD, EUR/USD, Cryptocurrencies Download our Q4 Top Trading Opportunities for Free Recommended by Nick Cawley Get Your Free Top Trading Opportunities Forecast A strong end to the week with risk markets popping higher going into the weekend. Equity markets reclaimed Thursday’s minor losses and continued to push ahead, with
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A rally of major proportions ensued in bonds and stocks last week, supported by expectations that the hiking cycles of the FOMC, ECB, BoE, and BoC have come to an end. Though policymakers reiterated rates may have to be increased further, the “hawkish holds” were summarily disrespected by the markets as the threat was seen
Share: S&P 500 ended the week up by 0.9%, with the Nasdaq and Dow Jones also posting significant gains, reflecting a positive shift in investor sentiment. U.S. labor market data showing a slowdown in job growth fueled speculation that the Federal Reserve may halt rate hikes. Fed officials Thomas Barkin and Neil Kashkari
EUR/USD ANALYSIS Euro area economic situation stays weak but EUR bulls capitalize on US data. NFP and US ISM services PMI in focus tomorrow. EUR/USD stays within developing rising wedge. Elevate your trading skills and gain a competitive edge. Get your hands on the Euro Q4 outlook today for exclusive insights into key market catalysts
The exchange rate remained stable at €1.1502 on Thursday, as investors awaited the Bank of England’s (BoE) decision on interest rates amidst deteriorating economic conditions in the UK. This comes in the wake of October’s manufacturing PMI data, which showed a significant contraction in UK factory activity, fueling fears of a recession. S&P Global Market
EUR/USD & GOLD PRICE FORECAST Gold prices and EUR/USD could gain ground in the near term, but the broader trend may hinge on incoming U.S. economic data Attention will be on the ISM services PMI and the U.S. labor market report later this week This article looks at XAU/USD and EUR/USD’s key levels to watch
