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S&P 500 predictably dumped on Powell‘s FOMC delivery, for many reasons I called for a such an outcome. Well into the power hour, bid did emerge, and it was a broad one, negating Powell explicitly mentioning inflation (more than) uncertainty through tariffs as the reason why the Fed can‘t cut. I

It has been a day of mixed fortunes for healthcare names on both sides of the Atlantic, says Chris Beauchamp, Chief Market Analyst at online trading platform IG. FTSE 100 rebounds, helped by AstraZeneca AstraZeneca’s numbers have put the fight back in the FTSE 100 as investors around the world gear

In today’s Market Outlook, let’s take a look at Forex Trading on Brent Crude Oil, EURUSD, USDCHF, Gold, XAUUSD, S&P500, DJIA, DAX, and Silver, XAGUSD. We were wondering, last time, if silver had peaked. We see a pullback, and now we wonder if we should buy the dip. We are also seeing a pullback

Gold prices declined for the third consecutive session, ING's commodity experts Ewa Manthey and Warren Patterson note. Gold prices drop amid the strength in the USD "Spot prices dropped below US$3,330/oz on Friday amid the strength in the US dollar and Treasury yields. President Donald Trump downpla

AUD/USD rises as US-Japan trade deal lends support to risk-sensitive currencies. Monetary policy divergence and rate expectations for the RBA and the Fed bring PMI data into focus.AUD/USD bulls test key resistance at 0.6600 as price holds within the bounds of an ascending channel. The Australian Dol

On the radar Hungarian central bank kept policy rate unchanged at 6.50%. Real retail sales in Poland disappointed arriving at 2.2% y/y in June. Real wage growth in Slovenia landed at 5.2% in May. Today, Poland releases unemployment rate at 10 AM CET. Economic developments With the release of June’s

Mohamed El-Erian on Tuesday called for Federal Reserve Chair Jerome Powell to voluntarily relinquish his position in order to ensure the central bank's independence, making the chief economic advisor at Allianz one of the first prominent economists to publicly take such a position. "If Chair Powell'

The day Donald Trump was re-elected for a second term as US President, we knew the headlines would be full of twists and turns. We expected surprising and unusual news every day—and yet, what we’ve seen so far has exceeded our expectations and prepared us for little. What’s happening feels surreal,

EUR/JPY eases from a fresh yearly high, trading near 172.00 on Wednesday.The Japanese Yen gains as the 10-year bond yield jumps to 1.6%, the highest since 2008.ECB’s Nagel calls for a “steady hand,” signals no rate change at its next meeting. The Euro (EUR) is trading slightly lower against the Japa

US CPI hits 2.7% YoY, reinforcing Fed's hawkish stance amid inflation concernsTreasury yields jump, with 10-year note reaching 4.483%, boosting USD/JPYTrump renews pressure on Fed, calling for aggressive 3% rate cuts The USD/JPY rallies sharply over 0.86% during the North American session, trading a

AUD/JPY maintains its position as traders expect the RBA to maintain the current interest rates in August.The upside of the AUD/JPY cross may be capped amid subdued market sentiment stemming from renewed tariff concerns.Japan’s Liberal Democratic Party and Komeito could struggle to secure enough sea

GBP/USD selling pressures ease shortly after pullback from 3-year high. Technical signals favor bullish rotation; break above 1.3620 is needed. GBP/USD is drawing buyers' interest after briefly dipping below its 20-day simple moving average (SMA) and a week after retreating from the three-year high

EUR/USD drops 0.44% to 1.1718, hitting six-day low of 1.1686 before modest rebound.Trump imposes 25%–40% tariffs on South Korea, Japan, Malaysia and others.Reuters: EU exempt from latest tariff wave, aiding EUR/USD recovery.German Industrial Production posts slight improvement in May. EUR/USD tumble