Could runaway inflation discourage Fed cuts?
Today, investors eyes will inevitably be drawn upon the Fed’s favourite inflation metric update, the Core PCE index, which will shed light onto how price pressures evolved within the US in the month of July, but more importantly what will the implications be for the trajectory of the Federal Funds rate during the remainder of […]
US doubles down on Indian tariff levies to stop Russian flows
Technical Analysis of Oil WTI Chart – Crude hits 3-month lows as bearish pressure persists Selling pressure persisted over the past week with the bears remaining in control of the move and WTI futures finding somewhat of a support above the $61.30 area, retested the $64.00 resistance ceiling, failed and then eased towards the $64 […]
S&P captures record highs, will complacency follow?
US equity futures continue to gradually crawl higher week after week as traders stay hopeful and optimistic, despite the frothiness around tech stocks and their lush AI promises, showcasing that investors place much more emphasis on the impending rate reductions from the Federal Reserve and the arrival of looser policy conditions. Money markets are currently […]
All eyes fixate upon Nvidia’s earnings data
Hefty promises have bolstered NVIDIA’s share prices to historic highs over the past year and a half and today’s earnings call is no different, as investors brace for a substantial post-earnings movement towards new highs, expecting that the AI chip manufacturer was and will be flooded with orders from top tech customers. Analysts expect Nvidia […]
EUR: French government looks likely to fall in September – ING
Hitting EUR/USD late on Monday was the surprise announcement from French Prime Minister François Bayrou that he was calling a vote of confidence in his government’s fiscal austerity plans on 8 September.
USD/JPY consolidates near 147.90 as Fed’s Cook vows to stay
The US Dollar is regaining lost ground across the board amid a new twist in the Federal Reserve saga, as Governour Lisa Cook dismissed Trump’s call to resign and committed to carry on with her duties at the Central Bank.
Dow Jones futures fall as traders adopt caution due to Fed independence concerns
Dow Jones futures fall by 28% to trade around 45,200 during European hours on Tuesday, ahead of the opening of the United States (US) regular markets. Moreover, the S&P 500 futures decline by 0.26% to trade below 6,450, and the Nasdaq 100 futures fall by 0.30%, trading around 23,400.
Forex Today: Markets turn risk-averse as Trump renews tariff threats
Here is what you need to know on Tuesday, August 26:
WTI tumbles to near $64.50 amid Russia-Ukraine supply concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.60 during the early Asian trading hours on Tuesday. The WTI edges lower as traders assess the prospects of additional US tariffs on Russia.
USD/CHF holds above 0.8050 as Fed Governor Cook refuses to resign
USD/CHF extends its gains for the second successive session, trading around 0.8060 during the Asian hours on Tuesday.
France Consumer Confidence came in at 87 below forecasts (90) in August
France Consumer Confidence came in at 87 below forecasts (90) in August
Australian Dollar weakens as US Dollar holds ground after Fed Governor Cook’s comments
The Australian Dollar (AUD) depreciates against the US Dollar (USD) on Tuesday, extending its losses for the second successive session.
RBNZ slashes 25bps from OCR, signals dovish intents
Earlier today, the RBNZ’s monetary policy committee voted to shave off another 25bps from its overnight cash rate, a move aligned with the broader expectations of market participants. Albeit policymakers acknowledging the upside risks of inflation and overall downside risks on the economic development front, they reached 4-2 majority decisions to lower rates further at […]
Is Intel’s revival on the horizon?
The once mighty semiconductor heavyweight Intel may be standing at the foothills of a major revival to its former glory days, after President Trump floated the idea of using funds from the CHIPS Act in and become the largest stakeholder. Trump administration reportedly plans to take approximately 10% stake in Intel, using up to $11 […]
Gold’s Weekly Update: Gold remains stable amidst chaos
Despite fundamental issues such as the Trump-Putin meeting, the market’s change of hearts for the Fed’s intentions in the past month and a number of high-impact financial data being released, gold’s price remained relatively stable, possibly signaling a wait and see position on behalf of market participants. In today’s report we are to discuss a […]
Trump-Putin peace talk summit for Ukraine
Late last Friday, Russian President Vladimir Putin returned to US soil after a decade to meet with Donald Trump to discuss the possibility of ending the war in Ukraine and restoring peace at the easter front of the European continent. President Trump noted that the immediate end of the war lies in the hands of […]
Oil Weekly Update: Energy markets on hold as US-Russia talks near
Technical Analysis of Oil WTI Chart – Bears remain in control yet US-Russia talks could induce shift in dynamic Albeit the waning bearish pressure, WTI futures failed to find support around the $64.60 area and headed further south to an area last visited at the start of June of 2025, prior to the flare up […]
Growth in the UK exceeds expectations
Investors apprehended the latest round of GDP data from the UK for the second quarter of 2025 with hopefulness, contributing to extension of the Sterling into 5-week highs. The British economy grew by three tenths of a percent (0.3%) in the second quarter, above market expectations for a mere 0.1% rise, but results were below […]
German inflation stuck at 2%, DAX futures snap losses
Inflation in Germany steadied at the 2% level according to the latest CPI update and held at its lowest levels in eight months as falling energy and services costs outweighed the marginal increases of broader food costs. Given that price pressures in Europe’s largest economy revolve around the ECB’s 2% inflation target, calls from money […]
Will July’s CPI showcase the much-desired cooldown markets seek for?
Markets are increasingly growing anxious as to when will the harsh, “reciprocal” tariffs imposed by the Trump administration will strike the US consumer and inflate prices and consequently, how will the Federal Reserve respond with to such developments, in regards with their policy decisions. So far, inflation in the US remained in stagflation mode and […]