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Market Watch

Thu August 17, 2023
The FOMC released minutes of its 25-26 July policy meeting yesterday which showed that officials are cautiously optimistic about achieving a soft landing. The [...]
Tue August 15, 2023
Sterling traded in a very narrow range overnight and jumped to 1.2720 on alarming UK jobs data, but it has now retraced the movement [...]
Mon August 14, 2023
Markets start the week in ‘risk off’ mode as rising treasury yields and concerns over China’s economy dent confidence. Chinese data releases for July [...]
Fri August 11, 2023
Yesterday’s US CPI report was broadly in line with expectations, with the monthly core (excluding food and energy) coming in unchanged at 0.2% for [...]
Thu August 10, 2023
Yesterday was another quiet day for markets as investors await the release of the US July inflation report due this afternoon. The dollar index [...]
Wed August 9, 2023
Major currencies remain range-bound midweek, with the dollar index slipping a touch as EURUSD rallies a little after dropping yesterday. The pair failed to [...]
Fri August 4, 2023
The greenback is set to trim a 4-day gain as US 10-year yields edge lower ahead of the US non-farm payroll data, but still [...]
Thu August 3, 2023
The US Dollar finally rises after dropping earlier today due to Fitch Ratings’ decision of cutting the United States off its top-tier sovereign credit [...]
Wed August 2, 2023
The US Dollar finally rises after dropping earlier today due to Fitch Ratings’ decision of cutting the United States off its top-tier sovereign credit [...]