GBP: BoE holds as energy shock clouds outlook – Nomura
Nomura’s George Buckley and team expect the Bank of England (BoE) to leave Bank Rate unchanged at 3.75% next week, with a likely 8-1 vote and Huw Pill as the…
EUR/GBP trades range-bound as UK data supports Pound ahead of ECB and BoE meetings
EUR/GBP trades in a tight range on Friday, fluctuating between minor gains and losses as markets show a muted reaction to the latest economic data, with traders remaining focused on…
Weekly Focus – A Lot of Talk But Little Progress
Markets’ last week’s optimism regarding the war in Iran faced at least a partial reality check this week, as energy traffic at the Strait of Hormuz remains effectively frozen. Trump…
GBP/USD rises as Iran talk hopes weigh on US Dollar demand
GBP/USD advances on Friday as improved risk appetite weighed on the US Dollar’s (USD) safety appeal amid growing speculation that a second round of talks between the US and Iran…
EUR/USD rebounds as renewed US-Iran talks hopes lift risk sentiment
EUR/USD rises on Friday, snapping a three-day losing streak as prospects of renewed US-Iran peace talks lift market sentiment and weigh on the US Dollar (USD). At the time of…
Dow Jones futures flat as Iran diplomacy wobbles, UoM sentiment beats
Dow Jones Industrial Average (DJIA) futures are trading broadly flat in the early afternoon GMT on Friday, holding above 49,100 after a choppy session that saw prices swing between 48,900…
Spot gold at session highs after Consumer Sentiment ticks up to 49.8
Spot gold at session highs after Consumer Sentiment ticks up to 49.8, one-year inflation expectations dip to 4.7%The gold market is setting new highs after the latest data showed consumer sentiment…
WTI Oil falls as fragile Iran-US talks, weak US sentiment cap gains
West Texas Intermediate (WTI) US Oil trades around $92.55 at the time of writing on Friday, down 3.28% on the day, marking a notable pullback after reaching recent highs earlier…
USD: Inflation shock risk from Hormuz blockade – MUFG
MUFG’s Derek Halpenny argues that the ongoing United States (US) blockade in the Strait of Hormuz is building a significant inflation shock for the US and globally, with Oil and…
Economics Week Ahead – ActionForex
United States: FOMC (Wednesday), Personal Income & Spending (Thursday) G10 Economies: Bank of Japan (Tuesday), Bank of Canada (Wednesday), Bank of England (Thursday), European Central Bank (Thursday) Emerging Markets: Brazilian…
