ECB and US CPI Underwhelm, Jobless Claims Take Spotlight

The forex market continues to display a mild risk-on mood, with commodity-linked currencies Australian, New Zealand, and Canadian Dollars gaining ground. In contrast, safe-haven currencies Japanese Yen, Swiss Franc, and Dollar are under pressure. Australian Dollar jumps earlier today following RBA’s decision to hold rates steady, combined with China’s broad stimulus package aimed at boosting […]

US stock staged a strong rebound overnight, erasing all of Monday’s steep losses as risk sentiment recovered on signs of potential de-escalation in US-China trade conflicts. The sharp reversal in equities was driven by multiple headlines suggesting a thaw in relations, including comments from US Treasury Secretary Scott Bessent and President Donald Trump that tariffs […]

Asian trading was uneven today as strong Japanese GDP data contrasted sharply with a softer Chinese macro picture. Tokyo’s Nikkei 225 received a boost from the better-than-expected growth reading, while Yen advanced across the board. Signs of resilience in Japan’s economy despite tariff uncertainty have strengthened market confidence that the BoJ will hike again before […]