Traders were expected to see a greater upside surprise but the CPI came in only a fraction higher than analyst estimation (8.5% vs. 8.4% expected). USD seesawed a bit but…Read More

Risk aversion continues as yields pushed the US stock indices lower. The biggest casualty was the tech-heavy Nasdaq which suffers the most from the rising cost of financing. Markets are…Read More

EURUSD is up on the news that the far-right failed to win the first round of French elections. Macron winning the first round is clearly important for investors who want…Read More

Fed’s Bullard said yesterday he’d like to see the interest rate at 3.5% in order to fight the high inflation. In the last FOMC meeting Bullard was the only one…Read More

According to the FOMC Minutes several members thought that a 0.5% rate hike would be appropriate. The minutes also showed the central bank was prepared to taper by $60B of…Read More

Treasury yields moved to highs not seen since April 2019 and stocks sold off after Fed’s Brainard said that she expected interest rate rises and a rapid balance sheet reduction…Read More

RBA kept the cash rate unchanged at a record low of 0.1% but the central bank changed its tune and dropped a pledge to be “patient” on tightening the monetary…Read More

European shares have been under pressure as western countries are considering tougher sanctions against the Russian Federation. According to Reuters Germany’s defence minister said the European Union must discuss banning…Read More

Important announcement: The trading hours for some instruments will be affected due to the upcoming holidays in April. See what instruments will be affected and the full trading schedule here:…Read More

The USD bounced higher as the Fed’s Powell is getting more hawkish. This has sent US yields sharply higher and supported the greenback. Powell said that inflation is too high…Read More