24th April 2023

JPY support on negative risk bias despite dovish BoJ stance

New Bank of Japan Governor Ueda is set to maintain a dovish stance on monetary policy at his first m (...)

21st April 2023

Tesla and recession fears weigh on sentiment for equities

Tesla shares fell hard yesterday after Q1 results disappointed investors. This added to mounting fea (...)

20th April 2023

Focus on AUD and NZD after New Zealand inflation & RBA shift

The action in forex is all “down under” today with the NZD and AUD making moves. Weaker New Zealand (...)

19th April 2023

An inflation headache for the BoE gives GBP another lift

Headline UK CPI remaining above 10% will force the Bank of England to hike again in May. This is onc (...)

18th April 2023

GBP boosted by solid jobs market and strong wage growth

The continuation of a solid UK labour market with earnings growth higher than expected leaves anothe (...)

17th April 2023

USD fightback leaves a mixed outlook for major forex

Fed hawks arguing in favour of another 25bps hike is generating support for the USD. A light US cale (...)

14th April 2023

Crucial breakdown on USD as US inflation trends lower

With the US PPI inflation following the US CPI decisively lower, the disinflationary trend is pullin (...)

13th April 2023

US inflation falls but recession risks weigh on US stocks

US equity markets have posted reversal patterns after the positives of falling US inflation were cou (...)

12th April 2023

IMF warns of slowing global growth but today is about US CPI

The IMF has predicted slower growth in 2023 as central banks tackle financial stability and price st (...)

11th April 2023

Solid US jobs report leaves a final Fed hike one step away

Friday’s Nonfarm Payrolls report has increased the potential for a Fed rate hike in May. The clinche (...)

6th April 2023

US equities fall over as recession risks increase

With a worrying decline in the ISM Services PMI the potential for recession in the US is growing. On (...)

5th April 2023

NZD strengthens after a surprise 50bps hike by the RBNZ

The Reserve Bank of New Zealand has shocked markets with a larger-than-expected 50 basis points hike (...)