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Forex Today: GDP releases from major economies, BoC and Fed rate decisions to ramp up volatility
Here is what you need to know on Wednesday, July 30: Financial markets turn relatively quiet early Wednesday as investors gear up for key events. In the European session, preliminary second-quarter Gross Domestic Product (GDP) from the Eurozone will be watched closely. The US economic calendar will
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Good news for the ECB: Household inflation expectations have returned to normal
Despite the slowdown in inflation and the increase in household purchasing power (measured by real gross disposable income), private consumption in the Eurozone remains weak compared to the pre-Covid period. This sluggishness can be explained by the gap between harmonised inflation and households' p
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Daily Broad Market Recap – July 22, 2025
Partner Center After a shallow pullback, the U.S. dollar chalked up another day in the red while trade jitters lingered ahead of the August 1 tariffs deadline. It didn’t help that President Trump talked up the possibility of rate cuts since Powell “will be out soon.” Here are headlines you may have
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Daily Broad Market Recap – July 21, 2025
Partner Center Dollar bears painted the town red almost the entire day while risk assets tossed and turned, as markets awaited the August 1 tariffs deadline. Here are headlines you may have missed in the last trading sessions! Headlines: Japan’s Upper House elections led to loss of majority for ruli
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Control Your Boat Lift from Anywhere with Lift Mate Smart Controller
Tired of scrambling for your boat lift remote control? The Lift Mate Smart Boat Lift Controller Kit lets you control your boat lift right from your smartphone app — via Bluetooth, Wi-Fi, or cellular data for remote boat lift operation. Compatible with popular GEM remote controls, TEC remote controls
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Powell stays put: Dollar rebounds as Fed chair keeps top job
The latest data out of the US economy has continued to cast doubt on the prospect of Federal Reserve rate cuts before the autumn. Thursday’s jobless claims figures once again showed no signs that businesses were laying off staff to any real extent. Retail sales also expanded at a solid pace in June
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Oil holds onto gains ahead of Trump statement – ING
Oil prices managed to move higher on Friday, with Brent settling 2.51% higher on the day. The market remains well supported in early morning trading today, ING’s commodity analysts Warren Patterson and Ewa Manthey note. IEA revises upward its Oil supply growth estimates "This is despite a deteriorat
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Italy Foreign Minister says EU has ready a list of retaliatory tariffs worth €21 billion
Italian Foreign Minister Antonio Tajani said on Monday that if no deal is struck with the United States (US), the European Union (EU) has already prepared a list of retaliatory tariffs amounting to €21 billion against the US to start with. Key quotes If no deal is reached with the US, the EU has rea
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Canadian jobs in focus as Trump warns of potential 35% tariff
European rally falters as we await tariff letter.Bitcoin hits record high despite FOMC/ECB rate warnings.Canadian jobs in focus as Trump warns of potential 35% tariff. The downbeat tone seen in European markets highlights an element of profit taking as we await news of the tariff letter promised to
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NZD/USD keeps the red amid a firmer USD; manages to hold above 0.6000
NZD/USD retreats from a multi-day high touched this Friday, though it lacks follow-through.Trade jitters and reduced Fed rate cut bets underpin the USD and exert pressure on the Kiwi.The downtick lacks bearish conviction, warranting caution before positioning for deeper losses. The NZD/USD pair attr
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Followme Joins Traders Fair Hong Kong 2025 as Official Media Partner!
Followme is proud to announce Media Partnership with the Traders Fair for upcoming event in Hong Kong,China on December 10, 2025! Hong Kong Traders Fair is making its much-anticipated return to one of Asia’s most influential financial hubs. This prestigious one-day event will take place at the
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