The Fed’s favorite inflation metric gets an update

After a tumultuous week filled with geopolitical events, traders now switch their attention towards “traditional” economic news releases and to be specific, the release of the Core PCE index update for the month of May. Given the fact that the Federal Reserve primarily focuses on the aforementioned release in order to gauge the potency and […]

Outflows from the greenback intensify

Investors remain concerned about the state of the US economy given the aspirations of the current administration in regards to its fiscal political policies and seek safety elsewhere in order to insulate their holdings. On the geopolitical front, investors remain cautious towards the state of affairs in the Middle East, assessing the potency of the […]

Nasdaq on the brink of breaking into new record highs

After two consecutive weeks of relatively thin trading conditions and apparent lack of volatility, equity futures across the US have managed to make headway this week and rally higher, as the resolution (temporary?) of the conflict between Israel-Iran tamed fears, and nudged investors to return to their default, risk-off approach. Outflows from safe haven assets […]

Trump declares the end of the war after Iran’s symbolic strike

Tension quickly dissipated earlier today after the Iranian regime decided to restrain from escalating tensions and instead retaliated by “symbolically” striking a US base in Qatar. The US administration and more specifically President Trump, branded the response from Iran as “weak” and quickly proclaimed the end of the war between the two mortal enemies and […]

World braces for Iran’s retaliation

Over the weekend and in a historic first, the United States put to usage their bunker-buster missiles and conducted military strikes on three Iranian nuclear facilities, in order to dismantle Tehran’s nuclear program and prevent the regime from ever achieving nuclear proliferation. Seven B-2 bombers, 125 aircraft, and more than 75 precision-guided weapons conducted the […]

Silver futures fall from 13-year highs

After an impressive technical breakout and the rally of silver futures into fresh 13-year highs, traders opted to capitalize on the overextension by taking profits and await for further information. The Federal Reserve’s decision to keep policy rates intact earlier this week, noting the prolongment of its longstanding cautious and data dependent approach, due to […]

Monetary policy decisions round-up

Making a start with the Federal Reserve’s rate decision yesterday, the central bank decided to kept rates intact as widely expected at the 4.25%-4.5% for the fourth straight meeting and the policymakers dot plot graph showcased projections that only two rate reductions will follow in 2025. The board remains still concerned about the impact of […]

All eyes on the Fed

Without a shadow of a doubt, the main attraction of this week is the upcoming policy rate decision from the Federal Reserve later on today alongside the speech from the head of the central bank for gauging the trajectory of interest rates in the foreseeable future. As for the actual decision, the market has already […]

BoJ stands pat, Yen remains rangebound

Earlier today in the Asian session, Bank of Japan, as expected, kept its key short-term interest rate intact at the 0.5% level, at its highest levels since 2008, and noted that the return towards looser financial conditions is currently not appropriate, signaling that rates will most likely remain at this level for a prolonged period […]

Tensions aggravate across the Middle East

Crude oil futures remain elevated near the $70 per barrel area, attempting to consolidate most of Friday’s gains with traders maintaining their bullish outlook, fearing for further supply disruptions and the extension of the conflict. Conflict between Israel and Iran aggravated during the weekend with the two sides exchanging missile blows across their opposing energy […]

Crude spikes as Israel strikes Iranian nuclear sites

Crude oil futures soared by 13% in the early market hours today as news agencies reported that Israel has launched a mass military air strikes via warplanes on Iranian soil, targeting its nuclear facilities and ballistic missile sites, a move that escalates dramatically the odds for instability across Middle East. Isreal’s PM Netanyahu attempted to […]

Tariff talk update

US-China talks have concluded for now, with both parties agreeing to construct a formal, mutually beneficial framework that would honor the trade truce of the world’s largest economic superpowers. The United States pledged to hold new tariffs at 30%, maintaining at the same time its originally proposed 10% baseline tariff on all the imported Chinese […]

US CPI print to offer insights into economic impact

Without a shadow of a doubt the main attraction of the day is the final CPI print from the United States for the month of May, which will provide traders with additional clues as to how Trump’s tariffs impacted consumer prices, but more importantly how this piece of data could steer the Fed’s policy decisions […]

Sterling falters after weak labour growth

Earlier today the British Pound came under pressure, weakening to the $1.35 against the greenback as a fresh bout of labour market data showcased a notable slowdown reinforcing bets from money markets that the BoE will be inadvertently forced to reduce its policy rate further to avoid the knock-on effect on the nation’s growth. More […]