Theophilus

The S&P 500 took a breather on Tuesday—just after tagging fresh highs on the open—as traders caught their breath ahead of a trifecta of macro hurdles: Fed day, a data deluge, and the Friday jobs gauntlet. After running hard from the April lows, the market once again exhaled—just as it has on vir

USD: Sept '25 is Up at 98.540. Energies: Aug '25 Crude is Up at 67.05. Financials: The Sep '25 30 Year T-Bond is Higher by 7 ticks and trading at 113.12. Indices: The Sep '25 S&P 500 emini ES contract is 70 ticks Higher and trading at 6439.75. Gold: The Aug'25 Gold contract is trading Up at 3322

Here is what you need to know on Tuesday, July 29: The US Dollar (USD) holds steady against its rivals after posting impressive gains on Monday. Consumer Confidence report for July, alongside JOLTS Job Openings and Goods Trade Balance data for June, will be featured in the US economic calendar. Addi

The ink’s barely dry on Trump’s latest trade reset with Europe, and already the market’s humming with euphoria. Equity futures on both sides of the Atlantic are higher, not because the deal changed the game—but because it didn’t blow it up. In today’s environment, less bad is the new bullish. The 15

General trend - With the August 1st US trade deadline approaching on Friday, focus is on remaining trade deals. Today EC Pres von der Leyen broke the suspense for Europe, meeting with Pres Trump in Scotland to announce the biggest trade deal so far. Bottom line is a Japan-like 15% EU tariff into the

Fed to hold rates, unlikely to bow to Trump’s pressure. US GDP, PCE and jobs reports eyed too as August 1 deadline looms. BoC and BoJ decisions, Eurozone and Australian CPI also in focus. Fed to likely stay on pause, risk Trump’s wrath The Federal Reserve meets on Tuesday amid a cooling trade war an

Japanese Prime Minister Shigeru Ishiba on Wednesday is reported to resign by the end of August. This follows the defeat of his ruling Liberal Democratic Party (LDP) in the upper house in Sunday's election. Market reaction At the press time, the USD/JPY pair is up 0.31% on the day to trade at 147.11.

New Zealand Dollar (NZD) could pull back against US Dollar (USD), but any decline is likely to be part of a lower range of 0.5925/0.5970. In the longer run, weakness from early this month has come to an end; NZD is likely to consolidate between 0.5905 and 0.6000, UOB Group's FX analysts Quek Ser Lea

The US Dollar steadies with a bullish tone amid trade tensions and cautious sentiment ahead of the FOMC meeting minutes.US President Donald Trump confirms 50% tariffs on copper, warns that pharma imports could face 200% duty.The technical setup is turning cautiously bullish, but DXY must clear 97.80