Market News

The latest figure brings employment levels 240,000 higher compared to pre-pandemic level found in February 2020, and over the past 12 months the jobs total has risen by 5.8 million.

US Dollar Advances Firmly Everywhere; Stock Markets Lower; US 2-YR Yield Hits 20-Year High Above 3.50%

Strong US Consumer, Jobs Data; US Dollar Gains; Stock Markets Lower; US 2-YR Yield Hits 20-Year High.

US Dollar Fails to Advance Further; Stock Markets Recover; China Pushes Back Against Weak Yuan.

Greenback Roars Ahead as Week Opens After Powell Speech; GBP/USD Hits New 2-Year Low; US 2-Year Treasury Yield at 15-Year High; Bitcoin Below $20k; Global Stock Markets Lower.

In the first quarter of 2022, the US economy shrank by 1.6% according to the figures released by the Bureau of Economic Analysis.

Jackson Hole Symposium Starts Today; Chinese Stimulus Boosts Stocks; US Dollar Index Sells Off; US Preliminary GDP Data Due.

US Dollar Index Reaches New High; Stock Markets Continue Decline; EUR/USD Well Below Parity

US Dollar Advances Strongly; Stock Markets Firmly Lower; EUR/USD Well Below Parity

Quiet Asian Session Sees Continued Risk-Off Theme; US Dollar Remains Firm; Stock Markets Lower

The FOMC meeting minutes shows members had considerable fears over negatively impacting growth by continuing rate hikes but must press on to combat inflation.

New Zealand’s central bank continued its hawkish response to soaring inflation by announcing a seventh consecutive interest rate rise, as the official cash rate increased by 0.5% to 3%.

NZD at 3%; Stocks Remain Strong, Risk Rally Continues; Canadian Inflation Drops

S&P 500 Index Reaches New 3-Month High; Risk Rally Continues; RBA Minutes Suggest Further Rate Hikes

Bitcoin Breaches $25k; S&P 500 Index Reaches 3-Month High; Risk Rally Continues