Market Overview

US GDP growth continues to slow despite robust jobs data Analysts’ expectations out of kilter with reported data So, expect further reductions to economic growth forecasts You can feel that...

ANZ economists have brought forward their forecast of a 3% cash rate by 12 months, tipping the RBA to reach well above that milestone by November.Strong momentum in the labour market and ongoing risks...

DXY sagged last night:   AUD only managed a few pips higher:Oil wrecked the rally, as it has done with every one so far:Metals dead cat bounced:Miners (LON:GLEN) a bit:EM stocks (NYSE:EEM) not so...

Traders reduce bets on the next rate hike Remember it is still a bear market Dollar slides On Monday, traders bid up futures on the Dow Jones, S&P 500, NASDAQ 100, and Russell 2000 as well as...

Inflation reached a new high in surprising report More inflation momentum than previously thought Wages also accelerated to a new high Maybe the US Federal Reserve isn’t being panicky, or...

The amazing run of DXY up days finally faded Friday night:   AUD took advantage:As did beleaguered commodities, miners and EMs: The Treasury curve was steamrolled again:Stocks are trying to...

There is a “groundhog day” feeling to financial markets as the same issue continues to concern investors - resulting in similar moves in certain markets. Of course, the latest inflation...

The Fed is expected to hike rates more aggressively to control inflation. As such, many have started to worry about a possible recession. In light of that, the consensus is growing that the U.S....

US inflation jumped 9.1% in June in its biggest yearly increase in 40 years 3/4 percent rate increase is becoming likely, with rising expectations for a 1 percent hike Yield curve inversion deepens,...

US CPI came and went and DXY barely blipped:   Likewise AUD:Oil looks likely to break:All commods do:EM stocks (NYSE:EEM) did:EM junk (NYSE:HYG) is unstoppable. If you’re looking for...

Europe stocks suffer more ahead of US inflation due to energy shortage, parity, technicals Confluence of headwinds weighs on stocks Oil's fall below $100 paves the way to a $60 target US futures were...

Stricter COVID restrictions in China have investors nervous Treasuries are rising with the dollar, deepening yield inversion in bearish signs Euro touches parity Stocks extended yesterday's selloff,...

DXY is rampant as EUR heads for Hades:   AUD can’t take the heat:Oil only eased:As metals puked anew:Big miners (LON:GLEN) too:EM stocks (NYSE:EEM) are back at the brink:EM junk (NYSE:HYG)...

Stocks fall after dead cat bounce Investors concerning monetary policy hurt earnings Twitter on path to $20 after Musk cancels deal US futures tracked European stocks lower amid a Chinese COVID...