MARKET NEWS
Mar 06, 2024
GBP Update: Hunt Decides on National Insurance Reduction Over Tax Cuts
Forecasts from the Office for Budget Responsibility (OBR) restricted Jeremy Hunt’s options his ongoing mission to boost UK growth and reduce government debt
READ MORE
Mar 06, 2024
Euro Gains Again As Markets Look to Big ECB, Powell Double Bill
There’s plenty of action still to come this week for both sides of the modestly bullish EUR/USD pair
READ MORE
Mar 06, 2024
Gold Price Latest: All-Time High Remains Within Touching Distance
Later today Fed Chair Jerome Powell will testify before the House Financial Services Committee and gold traders will be listening carefully.
READ MORE
Mar 05, 2024
Bitcoin (BTC) Posts a New All-Time High Before Prices Turn Sharply Lower
The cryptocurrency market jumped and dumped quickly today after Bitcoin set a new all-time high. Further losses ahead or a short-term market correction?
READ MORE
Mar 05, 2024
S&P 500, Nasdaq Ease After Apple and Tesla Send Indices Lower
Apple have been fined $2 million in their anti-trust case in Europe while Tesla’s sales in China dropped 25%, weighing on high-flying indices
READ MORE
Mar 05, 2024
Crude Oil Prices Struggle As China Growth Plans Fail to Convince
Oil prices remain stuck between still-plentiful global supply and concerns about energy demand in major industrial economies
READ MORE
Mar 05, 2024
Japanese Yen (USD/JPY) on Edge as Signs of Wage Pressures Appear
A second Japanese official has given a mildly hawkish policy outlook, citing fresh wage pressures, bolstering market expectations that a rate hike may be triggered, sooner rather than later.
READ MORE
Mar 05, 2024
Gold Prices Surge Ahead of Key US Data, All-Time High in Sight
Gold has surged over the last two trading sessions, elevating 30-day gold volatility in the process. Central bank demand for the precious metal is expected to continue in 2024
READ MORE
Mar 04, 2024
Nasdaq Bulls Maintain Upward Trajectory Ahead of US Data, Fed Speakers
The tech-heavy index started the week around Friday’s close but trading appears muted in a week of ‘high importance’ US data including Powell’s testimony and NFP
READ MORE
Mar 04, 2024
USD/JPY Starts Week Strong; Tokyo Inflation, ISM Services, Powell & NFP in Focus
USD/JPY climbs on Monday, driven by rising U.S. yields. This action-packed week features Tokyo inflation, U.S. ISM services data, Powell's testimony before Congress, and the critical U.S. jobs report – all potential catalysts for FX volatility.
READ MORE