- Search Energy EXCH
- Submitted Apr 6, 2025|From forex.com
Liberation Day arrived, and the tariffs delivered were more severe as expected, sparking concerns of a global recession. Markets were in turmoil as we closed out the week, with Wall Street indices plunging at their fastest rate since the pandemic. ...
- Submitted Apr 2, 2025|From forex.com
During an event titled “Make America Wealthy Again”, President Trump worked the crowd during his build up to officially an executive order for his reciprocal tariffs. Saying that “if they do it to us, we will do it to them” regarding import levies, ...
- Submitted Apr 1, 2025|From forex.com
The US ISM manufacturing report was the latest to fan fears of stagflation. Dipping back into contraction after a one-month hiatus of expansion, the headline print of 49 was lower than the expected 49.5 and the prior 50.3. Prices paid rose to a ...
- Submitted Mar 31, 2025|From forex.com
It was a volatile end to a volatile quarter for the S&P 500 and Nasdaq 100, which suffered their worst quarter in 11. S&P 500 futures were down -5.7% in Q1 and the Nasdaq fell -9.5%. Trump’s tariffs have of course been a key driver for the ...
- Submitted Mar 30, 2025|From forex.com
Headline inflation from Australia’s monthly report drifted further within the RBA’s 2-3% target range, which promoted calls for an immediate cut from the usual suspects. I still see it as far more likely the RBA will hold off at least until May, ...
- Submitted Mar 25, 2025|From forex.com|4 comments
Consumer sentiment fell at its fastest pace in three years, and to its lowest level since January 2021 according to the Conference Board. And chances, weak figures are likely to appear in Friday’s University of Michigan’s (UOM) report. The two main ...
- Submitted Mar 25, 2025|From forex.com|3 comments
The Australian government has slightly complicated the Reserve Bank of Australia's decision to cut interest rates with their latest budget, vowing to introduce “new tax cuts for every Australian taxpayer” and an additional $150 energy rebate for ...
- Submitted Mar 24, 2025|From forex.com
The US dollar rose alongside Wall Street indices and oil prices while the Japanese yes was broadly lower amid a risk-on start to the week, on a mixture of stronger US data and the growing likelihood that Trump’s tariffs will be less severe than ...
- Submitted Mar 23, 2025|From forex.com
Last week’s employment figurers for Australia were surprisingly weak, with the -53k jobs reduction missing the +31k forecast by a whopping -84k. This saw the participation rate fall from its record high and drag the employment-to-population rate ...
- Submitted Mar 19, 2025|From forex.com
While the Fed downgraded growth and upgraded their inflation forecast in light of Trump’s tariffs, they opted for a ‘wait and see’ approach regarding rates by keeping them at 3.9% for 2025, unchanged from their December forecasts. If anything, I ...
- Submitted Mar 17, 2025|From forex.com|1 comment
Wall Street indices extended their bounce for a second day on Monday, almost like clockwork after the S&P 500 officially entered the 10% ‘technical correction’ on Thursday. I swear this happens every time headlines celebrate the 10% or 20% ...
- Submitted Mar 16, 2025|From forex.com
The Federal Reserve are almost certain to hold their interest rate at the 4.25% - 4.5% target range this week. But odds of a 25bp cut in June have risen to ~70% according to Fed Fund futures, up from 20% from just a few weeks ago. Cracks in the US ...
- Submitted Mar 12, 2025|From forex.com
US inflation surprised to the downside on Wednesday, which was a nice break from the flurry of tariff headlines which has kept investors on edge this month. It also helped appetite for risk lean forward and detach itself from the ropes it had pinned ...
- Submitted Mar 11, 2025|From forex.com
To think it was only three weeks ago that the S&P 500 sat at a record high, seemingly without a care in the world. Yet by Tuesday’s low, it had fallen 10% from its all-time high, as the reality of Trump’s tariffs and investors' concerns over the ...
- Submitted Mar 3, 2025|From forex.com|4 comments
Trump’s tariffs continued to dominate news flows on Monday, and the President not messing around. He confirmed that the 25% tariffs on Mexico and Canada will go ahead on Tuesday, and implied there was no room for further negotiation by saying ...
- Submitted Feb 27, 2025|From forex.com
Revised GDP figures revealed that prices heated up in the fourth quarter, providing yet further evidence that inflation is returning before Trump’s tariffs have been implemented, let alone take effect. Core PCE was upwardly revised to 2.7% q/q from ...
- Submitted Feb 26, 2025|From forex.com
Australia’s trimmed-mean inflation remained at 2.5% y/y, below the 2.6% expected and slowed to 2.8% from 2.9% less holiday travel and volatile items (seasonally adjusted). While these softer figures don’t likely require immediate action for the RBA ...
- Submitted Feb 25, 2025|From forex.com
Fed rate-cut bets are on the rise again after following another weak consumer sentiment report weighed on sentiment and warned of a slowing US economy. In a report titled “Pessimism about the future returned”, consumer has fallen to an 8-month low ...
- Submitted Feb 24, 2025|From forex.com
Japan’s economic data continues to garner interest on renewed BOJ-hike bets. Tokyo’s inflation – a decent lead for nationwide prices – has risen to a 21-month high of 3.4% y/y, which is likely to see nationwide CPI increase further above 32% y/y. We ...
- Submitted Feb 23, 2025|From forex.com
The RBA’s 25bp cut is not expected to be followed by any further easing until H2, according to the RBA’s forecasts. And while they have allowed for two further cuts, they also provided ample of wriggle room to stand pat should inflation not continue ...