The British Pound gained after US Dollar ascendency collapsed despite a hotter and expected US CPI created a series of reversals across many markets. Where will GBP/USD go?
The update to Canada’s Consumer Price Index (CPI) may keep USD/CAD afloat as inflation is expected to slow for the third consecutive month.
US stocks rallied on Monday as good quarterly results from banks helped offset extreme pessimism about the outlook. Netflix’s earnings on Tuesday could be a key catalyst for the tech sector.
Rates markets see greater than a 100% chance of a 75-bps rate hike in November.
Inflation data is squarely in focus in the coming days.
The British pound rallies after the UK government announces it will reverse almost all of the unfunded tax cuts announced in the mini-budget in order to restore fiscal credibility.
FOMC speakers are back as markets yearn for information following last week’s hot CPI print.
Stock futures have continued to trade higher as USD weakness and lower yields boost demand for risk assets. With earnings season underway, can Dax hold gains?
Brent crude oil prices are indicative of an uncertain market due to conflicting supply and demand factors as we look to close out 2022.
The new UK Chancellor of the Exchequer, Jeremy Hunt, has outlined his emergency, medium-term fiscal plans as the UK government U-turns on previous commitments.
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