Gold prices rally more than 1% on Friday after economic growth in the US decelerated, while inflation rose past the 3% threshold as depicted by the Core Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s (Fed) favorite inflation gauge. XAU/USD trades at $5,065 after bouncing off daily lows of $4,981. Bullion jumps as US…
While most currencies have been tossing and turning from uncertainty, the Australian dollar has mostly been racking up gains across the board while the Reserve Bank of Australia (RBA) officially entered its tightening era. The latest Australian jobs report released earlier this month just handed RBA policymakers and Aussie bulls another reason to feel good….
Next Week’s Menu: February 21-27, 2026 February 20, 2026 Central Banks: Monetary policy stances will be reviewed in South Korea, Israel, Thailand, Hungary, Kyrgyzstan and Jamaica. Goolsbee and Musalem of the Federal Reserve, Takada of the Bank of Japan and Governor Bullock of the Reserve Bank of Australia have public speaking engagements. Events and Holidays:…
GBP/JPY is a historically popular pair in Forex trading, as it is one of the most volatile products to trade and captures geographic dynamics and risk-on/risk-off flows. The pair once again stands at a key inflection point, right after a historic run back to 2008 levels, and can offer quite interesting setups amid elevated market…
US GDP in Q4 2025 fell to 1.4% (annualized) from 4.4% in Q3, dragged by weaker goods consumption, a drop in exports, and a steep fall in government spending (shutdown effects), while business investment—especially IP and equipment—helped cushion the slowdown. S&P Global Composite PMI at 52.3still indicates expansion, but at the slowest pace since April…
Markets: Gold up $87 to $5085 WTI crude oil flat at $66.39 US 10-year yields up 0.8 bps to 4.08% S&P 500 up 0.5% AUD leads, CAD lags It was a news-filled day that started with a big miss on GDP. You could sniff that downside surprise out (and we did) after yesterday’s trade data…
I would have expected the Supreme Court decision to be a negative for gold, as it opens the pathway to a reversal of tariffs and a re-affirmation of the dollar-based system. Instead, the market seems to be taking it as a sign of further turmoil and uncertainty, which is gold bullish. The ongoing worries about…
Britain and the EU said they were assessing the implications of the US supreme court ruling against Donald Trump’s global tariffs, while business groups reacted to the court’s announcement with caution. A spokesperson for Downing Street said: “The UK government is working with the US to understand how the overturning of Donald Trump’s tariffs by…
Five former education secretaries have made a joint appeal to Labour MPs to back the overhaul of special education provision in English schools, calling it “a once in a generation chance” to fix a failing system. The open letter is signed by David Blunkett, Estelle Morris, Charles Clarke, Ruth Kelly and Alan Johnson, who between…
Market Insights Podcast (20/02/2026): To conclude the eighth week of trading in 2026, TraderNick and podcast host Jonny Hart discuss shock news regarding the Supreme Court tariff ruling and its effect on financial markets. Otherwise, we discuss the latest US PCE & GDP numbers. Join Nick Syiek (TraderNick) and podcast host Jonny Hart as they…