FOMC Indicates Possible Pause in Interest Rate Hikes, ECB Raises Rates Amid Inflation Concerns The FOMC meeting on Wednesday indicated that the Fed is very close to announce a pause and the range-bound response in Treasury yields suggests that there ...

Daily Market Insights & Charts

US GDP Falls Short of Expectations and Inflation Rises: A Closer Look at the Numbers The risk appetite in global markets came under pressure while safe-haven demand has increased after US GDP and inflation data on Friday. The US GDP for the first ...

Daily Market Insights & Charts

Dollar rebounds but risk of a fresh slide persists US and European stock indices are on the slippery slope, the Dollar index found enough buyers to rebound from 101 level after the dip on Monday. The selling catalyst was disappointing report from ...

Daily Market Insights & Charts

Euro rises against dollar, technical chart signals new rally On the US and European stock markets, there is a lull, with US index futures trading near Monday's opening levels, and European indices slightly weaker. The dollar has gone on the ...

Daily Market Insights & Charts

NY Empire State Manufacturing Index Surprises with Acceleration in April The NY Empire State Manufacturing Index surprised with its acceleration in April, as the main index not only did not decrease according to the forecast from -11.5 to -18.0 ...

Daily Market Insights & Charts

US Bond Yields Rise Despite Dovish Retail Sales Figures The chances of the Federal Reserve keeping its policy unchanged in May have increased after the release of US production inflation data for March. Overall production inflation unexpectedly ...

Daily Market Insights & Charts

US CPI report boosts hunt for yield but rates markets remain cautious The report on inflation in the US boosted risk appetite on Wednesday, causing a sharp decline in the dollar. Overall inflation in the US slowed to 5% per year, which was better ...

Daily Market Insights & Charts

Bearish Economic Reports Put US Equity Markets at Risk of Downturn Equity market investors are getting increasingly nervous and risk-averse as the US economy continues to surprise with bearish economic reports this week. On Tuesday, it was the JOTLS ...

Daily Market Insights & Charts

Optimism gradually gives way to caution? The US stock indices closed slightly down on Tuesday, despite a decrease in risk-free rates after the release of US job market data (JOLTS report). The S&P 500 and Dow indices fell by 0.58 and 0.59%, while ...

Daily Market Insights & Charts

As banking system shocks subside the focus shifts to central banks’ battle with inflation The dollar index struggles to bounce back up after dropping to 102.50 level, in line with the earlier idea that the Fed is avoiding clear policy ...

Daily Market Insights & Charts

Stock market rebound may help the Fed to gain confidence in its tightening course News related to Deutsche Bank shook financial markets on Friday, but the trend on Monday suggests that the market overreacted with panic: SPX futures topped 4000 ...

Daily Market Insights & Charts

Stock markets plunge on Deutsche Bank worries as contagion risks grow The stock market is once again under pressure as worries about the banking crisis increase again, this time mainly on the European continent, after a brief respite. The STOXX 50, ...

Daily Market Insights & Charts

The Fed set to ease monetary policy in response to banking sector tensions, propping up risk assets as US economy is still in good shape Over the weekend, American politicians took steps to restore trust in the US banking system and prevent bank ...

Daily Market Insights & Charts

Markets look completely unprepared for dovish NFP report US equity indices continue to cling to key levels that currently separate the bearish and bullish markets. For the SP500 index, this level is 4000 points, around which it has been hovering ...

Daily Market Insights & Charts

Two questions ahead of today’s Powell Testimony Tuesday at the market was quite calm, despite the potential storm that Powell's testimony in Congress today is supposed to bring. The head of the Fed will have a tough time: back in January, he ...

Daily Market Insights & Charts

EU inflation surprises prompt re-pricing of EU interest rate curve, lifts EUR Financial markets face a difficult choice between two narratives: a soft landing in key economies after a period of high inflation (thanks to the restart of China's ...

Daily Market Insights & Charts

EURUSD bounce may fizzle out soon as price breaks through key bearish channel US Orders for durable goods - one of the key components of consumption, which is a decent proxy of households’ expectations of future incomes, posted decent gain in ...

Daily Market Insights & Charts

Is EURUSD primed for a reversal? Technical analysis says it is Incoming data on the US economy and the Fed's rhetoric pushed greenback higher to a new local high (105 on DXY). Dollar demand also rose against the backdrop of increasing geopolitical ...

Daily Market Insights & Charts

US eco surprises gain momentum signaling Dollar has more room to rally January US CPI released on Tuesday was broadly in line with market expectations. Core and headline inflation were higher than expected, but given exceptionally strong Payrolls ...

Daily Market Insights & Charts

Dollar to extend recovery this week as risk sentiment deteriorates Market sentiment this week will depend on how three key themes evolve. First, exceptionally strong US labor market data released last Friday poses the risk of a more hawkish Fed in ...

Daily Market Insights & Charts