Forex Market

Gold prices saw a slight rebound during Asian trade on Tuesday, recovering from overnight losses as markets assessed the potential impact of President-elect Donald Trump’s proposed trade tariffs. The dollar’s strength, near a two-year high, continued to weigh on the yellow metal, while traders awaited key U.S. inflation data due …

The financial markets are bracing for a period of heightened volatility this week, with the release of the December Producer Price Index (PPI) report on Tuesday serving as the catalyst. This critical data point will provide crucial insights into the persistence of inflationary pressures and significantly influence the Federal Reserve’s …

US Dollar Strengthens as Market Prices in Fewer Fed Rate Cuts The US Dollar Index surged to its highest level since November 2022, exceeding the 110.00 mark, driven by a shift in market expectations towards fewer, if any, interest rate cuts from the Federal Reserve this year. This shift stems …

The US stock market exhibited a mixed performance at the start of the week, a stark contrast to the prevailing optimism that had recently gripped investors. The tech-heavy Nasdaq Composite led the decline, a stark reminder of the market’s vulnerability to shifts in economic sentiment. This downturn coincided with a …

The US dollar has continued its upward trend since the beginning of the new trading week, during the North American trading session, supported by recent developments in the financial markets last week, particularly regarding the policies of US President-elect Donald Trump and US employment data. The most prominent of these …

The New York Federal Reserve’s latest Survey of Consumer Expectations revealed a mixed picture of consumer inflation expectations in December, with concerns about household debt rising.Key Findings: Mixed Inflation Expectations:One-year ahead inflation expectations remained steady at 3%. Three-year ahead inflation expectations ticked up to 3% from 2.6% in November. Five-year …

Gold prices dipped on Monday as traders adjusted their expectations for U.S. interest rate cuts following stronger-than-expected nonfarm payroll data. The report boosted the dollar and raised doubts about the Federal Reserve’s willingness to ease monetary policy in the near term. Spot gold declined by 0.9%, trading at $2,664.64 an …

China’s exports experienced significant growth in December, providing a much-needed boost to an economy still contending with a prolonged property downturn and subdued consumer confidence. The acceleration in export activity was largely driven by manufacturers expediting shipments overseas in anticipation of potential trade policy shifts under the incoming U.S. administration …

European stock markets opened lower on Monday, led by declines in technology and healthcare stocks, as stronger-than-expected U.S. labor market data dampened hopes for significant Federal Reserve rate cuts this year. The pan-European STOXX 600 index dropped 0.5% by 0812 GMT, extending losses from Friday when it fell nearly 1% …

Last week was eventful, marked by a series of significant developments. These included policy directions anticipated from President-elect Donald Trump’s administration, future paths for central banks, particularly the Federal Reserve, and the impact of key US economic releases. The Eurozone has seen significant developments, particularly CPI front. Several European leaders …