The pound has not fared well despite being rather proactive regarding rate hikes. The inflation-induced ‘cost of living crisis’ weighs on the currency and growth
Brent crude is trading around the key $100/barrel mark, with a candle close below going into the weekend opening up substantial downside potential next week.
The dollar has revealed a renewed impetus on the back of hawkish sentiment of Fed officials while the euro languishes. Will next week’s ECB meeting halt euro declines?
The S&P 500 has staged an extraordinary rally since stimulus measures were implemented in the wake of the outbreak of the Covid-19 pandemic in early 2020.
The Australian Dollar fell overnight versus the Greenback despite gains on Wall Street. That momentum may bode well for APAC markets into the weekend, but the Shanghai lockdown is weighing…