Market News

Volatility was relatively subdued for most asset classes early on, with the exception of crude oil, while mixed U.S. leading indicators still wound up net positive for the dollar. Here are the market updates you need to know!

The U.S. ISM manufacturing PMI survey for September came in weaker than expected, as the index held steady at 47.2 to reflect the same pace of industry contraction instead of improving to the 47.6 consensus.

Monday was a mixed bag for most asset classes, but dollar pairs managed to find a clear direction during Fed head Powell’s speech. Here are the other updates you should know about!

With the European Central Bank (ECB) leaning towards cutting interest rates again soon, will the upcoming CPI release seal the deal for an easing move in their upcoming meeting?

This week, all eyes will be on the Fed and the ECB as the U.S. and Euro Area release key reports that could shape the next moves from both central banks.

It was another busy week for the major assets, which traded on major central bank updates and rising geopolitical tensions.

The major currencies saw a lot of action as traders took their cues from central bank updates, China’s new stimulus measures, and closely watched data releases.

Markets got an extra dose of risk-on vibes thanks to yet another set of stimulus measures from China. How did your favorite asset classes perform?

The Swiss National Bank (SNB) announced a 25 basis point cut to its policy rate on Thursday, September 26, 2024, lowering it to 1.00% as widely expected. 

A lack of catalysts attracted pullbacks and potential profit-taking among the major assets. Which themes moved your favorite assets anyway?

Will the upcoming U.S. core PCE price index keep the Fed likely to ease monetary policy gradually or can the central bank’s preferred inflation measure tip the scales towards a more aggressive approach?

Australia’s inflation may have cooled down in August, but it’s still above the RBA’s target range. Here’s how AUD reacted to the news!

Central bankers were under the spotlight yesterday, and a lack of top-tier data releases made it easier to reprice monetary policy biases across the major assets.

The Reserve Bank of Australia (RBA) kept its cash rate target unchanged at 4.35% today, maintaining its hawkish stance on inflation while acknowledging economic uncertainties.

The major assets were all over the place, as traders priced in the Fed’s rate cut, escalating Middle East tensions, and potential global growth slowdown.

Latest U.S. business surveys showed weak employment prospects, sticky high prices, and uncertainty ahead of the elections. What’s up with that?!

It’s the third week of the month, which means it’s time for a fresh batch of global PMI readings! We’ll also get word from Australia’s and Switzerland’s central banks on their monetary policy decisions and outlook.

It was a hectic week in the global financial markets, as the FOMC decision took center stage while crude oil made some big moves of its own.

Although the FOMC decision was the main event on everyone’s radars, there was no shortage of top-tier economic updates that pushed major currencies around throughout the week.

It was another busy day as traders digested the Fed’s rate cut, BOE’s decision to stand pat, strong U.S. data, and developing Middle East headlines.