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Market Watch

Wed August 14, 2024
Sterling has dropped this morning after the release of the July inflation report, which came in below estimates. GBPUSD was consolidating around 1.2860 overnight [...]
Tue August 13, 2024
The pound is a little higher this morning, with GBPUSD trading above 1.28 after data released earlier showed that the UK’s unemployment rate unexpectedly [...]
Mon August 12, 2024
In a speech on Sunday, Federal Reserve Governor Michelle Bowman said that she still sees upside risks for inflation and continued strength in the [...]
Fri August 9, 2024
Global markets heaved a collective sigh of relief yesterday when US weekly jobless claims came in a little better than expected. The print of [...]
Thu August 8, 2024
The US dollar is a little softer against its G10 peers this morning as markets await the latest labor market data. Treasury yields dipped [...]
Wed August 7, 2024
‘Turnaround Tuesday’ was a better day for markets with global equity indices reversing much of the sell-off from the start of the week. The [...]
Tue August 6, 2024
Yesterday was a brutal day for markets with global equity indexes turning red and fuelling risk reduction across currency markets. Once again, the Japanese [...]
Mon August 5, 2024
Friday’s Non-farm Payroll came in weaker than expected at just 114k against expectations of 175k, triggering a US dollar sell off. The unemployment rate [...]
Fri August 2, 2024
The Bank of England delivered a 25bp interest rate cut yesterday, taking the benchmark rate down from a 16 year high to 5%. This [...]