For most of the week, markets continued their recent trends. Equities and the U.S. dollar moved higher, while oil traded mostly sideways as traders watched developments around Iran. Bitcoin was the most volatile market and remained under pressure as investors looked for better returns elsewhere. Friday’s U.S. employment data was almost double expectations, and previous […]
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Three major events dominate the week ahead, but they all revolve around a single question: how much of the recent oil shock will ultimately feed into inflation and alter the policy outlook? Last week’s stronger-than-expected Read more…
Japan’s economic expansion in Q1 was weaker than initially estimated, as a sharp downward revision to corporate investment offset improvements in consumption and trade. Revised government figures showed real GDP grew at an annualized 1.8% Read more…
Key Highlights EUR/USD started a major decline below 1.1600 and 1.1580. It traded below a contracting triangle with support at 1.1595 on the 4-hour chart. GBP/USD is again moving lower from the 1.3500 resistance zone. Read more…