US Dollar Jumps After NFPs Thump Expectations, Gold Hits a One-Month Low
The latest US NFP data defied fears of a weakening jobs market as 272k joined the workforce, easily beating market forecasts of 185k
FTSE 100, DAX 40 and S&P 500 await US Non-Farm Payrolls report
Outlook on FTSE 100, DAX 40 and S&P 500 ahead of US May Non-Farm Payrolls and average hourly earnings data.
NFP Preview: Is the US Job Market Finally Weakening?
Months of restrictive monetary policy have had little effect on the labour market but recent jobs data suggests we may be approaching a steady decline
ZAR Update: ANC Seeks Broad ‘Unity’ Government as Coalition Talks Continue
The South African Rand has surrendered a lot of ground as the uncertainty around the new coalition government hangs in the balance
US Dollar Slips Further, Gold Nudges Higher, Bitcoin Poised for a New ATH
US Treasury yields remain in a downtrend and that’s hurting the dollar. Gold continues to recover while Bitcoin eyes a new all-time high.
ECB Cuts Interest Rates as Expected, Upward Revisions to Inflation and Growth Lift the Euro
The ECB marked a historic moment, initiating a cutting cycle before the Fed. The euro rose on the back of upward revisions to both inflation and growth in 2024
Nasdaq 100 at new record, while Dow and CAC40 also move higher
Indices have seen fresh gains, with the Nasdaq 100 in particular rallying to a new record high.
British Pound (GBP) Latest – GBP/USD and EUR/GBP Technical Outlooks
Sterling continues to push higher against a range of currencies with GBP/USD eyeing a fresh three-month high and EUR/GBP a 22-month low.
US Dollar Sell-Off Stalls After Strong US ISM Services Report; NFPs Released on Friday
Strong ISM services data has helped to stem the recent US dollar sell-off with the business activity index seen at its highest level since November 2022.
BoC Cuts Rates as Inflation Settles into Target Range, CAD Weakens
The Bank of Canada cuts rates to 4.75% as inflation settles into the target range. Wages, house prices and geopolitical uncertainty still pose risks to the outlook. Dovish repricing seen…