Highlights include US ISM PMIs, ADP, Supreme Court Tariff Hearing, RBA, BoE, OPEC-8, French Revenue Vote Interest rates UK – Thursday SUN: US clocks change (LDN-NY gap reverts to 5 hrs); OPEC-8 Meeting. Australian Final PMIs (Oct) MON: Japan Culture Day Holiday; Swiss CPI (Oct), EZ, UK & US Final Manufacturing PMI (Oct), US ISM…
It was a week packed with market-moving headlines and wild cross-asset swings. Traders found themselves caught between optimism over a U.S.–China trade breakthrough and caution sparked by a hawkish twist from the Fed. The result was a volatile mix that saw US equities push to new records, yields jump, and currencies shuffle in dramatic fashion….
Risk appetite has not fully enjoyed the treats of a Fed rate cut, strong earnings and trade peace. Fedspeak, the US Supreme Court and US data could challenge the Dollar’s current strength. Aussie and Pound are on divergent paths as respective central banks meet next week. Yen weakness fuels verbal interventions; the battle for $4,000…
A week with political paralysis in Washington ended with record highs on Wall Street — a telling sign of how investors are prioritizing Fed policy over fiscal drama. The U.S. government shutdown, now in effect after Congress failed to pass a funding bill, has frozen major data releases and paralyzed parts of the bureaucracy. Yet…
Currency markets closed last week with a shift in tone, as traders suddenly found themselves recalibrating on Fed’s easing path once again. The resilience of the US economy surprised many. Growth, hiring, and investment all showed more strength than anticipated, fueling doubts about whether policymakers truly need to accelerate the pace of cuts. The question…
Australia’s Unemployment Rate steadied at 4.2% in August, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in line with the market consensus of 4.2%. Furthermore, the Australian Employment Change arrived at -5.4K in August from 26.5K in July (revised from 24.5K), compared with the consensus forecast of 22K. The participation…
Markets spent the past week navigating a narrow path between relief and reality. Relief came from headline trade developments that bought more time for diplomacy. Reality showed up in the form of fresh price pressures and unresolved global tensions. The contrast defined how investors approached risk, producing a complex mix of resilience and unease. On…
Australia’s Unemployment Rate dropped to 4.2% in July from 4.3% in June, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in line with the market consensus of 4.2%. Furthermore, the Australian Employment Change arrived at 24.5K in July from 1K in June (revised from 2K), compared…
Markets showed surprising composure last week as equities climbed and Dollar dominate FX rankings. NASDAQ’s relentless ascent and a fresh record for the S&P 500 highlighted investor confidence despite growing political noise and tariff tensions. Elsewhere in FX, Euro and Sterling held firm, along with Loonie but were largely lifted by relative outperformance. Meanwhile, Aussie…
Australian Dollar rebounds after Thursday’s sell-off triggered by weak jobs data. A softer US Dollar and falling Treasury yields ease pressure on the Aussie. US Michigan Consumer Sentiment beats expectations but fails to lift the Greenback. The Australian Dollar (AUD) is recovering lost ground on Friday after a sharp sell-off on Thursday, which was fueled…