U.S. dollar holds firm as ADP jobs data disappoints, fueling Fed rate cut speculation. Sterling drops 1% amid UK political turmoil and rising gilt yields. Markets eye July 9 tariff deadline and upcoming NFP report.
Search Moneycorp
Viewing 10 of 1674
Moneycorp Market Updates
May 9, 2023 Daily Market Pulse
The Dollar begins the week under pressure again with the Dollar Index now on the cusp of retesting multi-month lows as markets keep an eye on toward US inflation numbers set for Wednesday.
April 27, 2023 Daily Market Pulse
Today’s preliminary US Q1 GDP figures are likely to dominate market attention.
April 26, 2023 Daily Market Pulse
Stronger quarterly earnings from the likes of Alphabet and Microsoft have helped to lift risk assets overnight.
April 24, 2023 Daily Market Pulse
It is another big week for US data, although none of it is likely to derail the Fed.
April 28, 2023 Daily Market Pulse
Strong earnings among Big Tech companies have helped to drive further gains in stocks.
April 21, 2023 Daily Market Pulse
The next Fed meeting is in under two weeks, and markets have firmly settled on a 25bps hike.
April 19, 2023 Daily Market Pulse
Weaker US housing activity dominated the data calendar yesterday.
April 17, 2023 Daily Market Pulse
The dollar finished the week slightly stronger, despite data confirming a marked slowdown in US Retail Sales.
May 2, 2023 Daily Market Pulse
The US economic calendar is light today ahead of tomorrow’s Fed decision, but that hasn’t stopped the Dollar from making moves.
Viewing 10 of 1674
