The EURUSD currency pair has primarily been driven by risk-off sentiment in recent weeks, with the most recent risk-off event being the potential of a U.S. Default. With that crisis…
The Pound has recently been bolstered by expectations of further rate hikes by the Bank Of England as inflation still stands tall at 8.7% and well above the 2% target.…
Saudi Arabia's recent decision to slash oil output by 1 million barrels per day, aligning with OPEC+ supply cuts, could provide a much-needed boost to Brent Crude Oil Futures (NYMEX:…
The S&P500 Futures (CME: ES) closed a third consecutive week in the green, taking the index within its nine-month high. Risk appetite has driven stocks higher, with tech giants taking…
The HCOB Services PMI declined from 56.2 to 55.1, falling 0.8% below the forecast. This drop might indicate a potential halt to the rally of the EURJPY currency pair. However,…
The U.S. Non-Farm Payrolls shocked with a 339K reading well beyond the 190K reading expected, signalling a resilient U.S. labour market. Despite the robust jobs data, the market priced in…
The U.S. Non-Farm Payrolls (NFP) report for May 2023 delivered another explosive, exhilarating upside surprise with a staggering 339,000 new jobs added to the US labour force, breezing past the…