Top News and Analysis

Markets digest US NFP, further geopolitical tensions and Powell investigation

Join OANDA Senior Market Analyst Kelvin Wong and podcast host Jonny Hart as they review the latest market news and moves. MarketPulse provides up-to-the-minute analysis on forex, commodities and indices from around the world. MarketPulse is an award-winning news site that delivers round-the-clock commentary on a wide range of asset classes, as well as in-depth insights into the major economic trends and events that impact the markets.

12-01-2026 17:59 GMT by Christian Norman

Key Support Holds for GBP/USD as Traders Eye US Inflation and UK GDP

The GBP/USD surges from a key support confluence at 1.3380 as the US Dollar suffers a selloff amid renewed fears over Federal Reserve independence following the 'Powell vs Trump 2.0' drama. Ahead, traders brace for tomorrow's US inflation report and Thursday's UK GDP data, which could determine the next leg for cable. Technical setup hints at further bullish momentum.

12-01-2026 17:29 GMT by Zain Vawda

The Impact of US Tariffs on Precious Metals

Fed Chair Powell is Under Attack – Silver (XAG/USD) and Gold (XAU/USD) Fresh All-Time Highs

Gold (XAU/USD) and SIlver (XAG/USD) Analysis: Fed Independence Crisis, the Trump Administration strikes again with a DOJ investigation into Chair Powell. This "political masquerade" has crushed the Dollar and ignited a massive Metals rally. With Gold and Silver hitting new extremes, we analyze the structural shift away from US assets.

12-01-2026 17:00 GMT by Elior Manier

Markets Today: Safe Havens Benefit on Trump-Fed Feud, Silver Gains 5% as Gold Breaches $4600/oz. What Comes Next?

The escalating political clash between President Trump and Federal Reserve Chair Jerome Powell is causing significant market jitters. Fears over the Fed's independence are driving a sharp drop in the US dollar and a tumble in European and US stock futures. Conversely, safe-haven assets are surging, with gold breaking $4,600/oz and silver jumping over 5% to a new all-time high. Markets are focused on developments in this spat for near-term direction.

12-01-2026 10:20 GMT by Zain Vawda

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NFP Clears its Test and Iran Heats up – North American Session Market Wrap for January 9

January 9th 2026 North-American Session Recap – Revolution heats up in Iran and NFP calms fears in the labor Market. Check up the Daily asset and FX performance, what changed fundamentally and what's coming up on Monday.

09-01-2026 22:03 GMT by Elior Manier

CPI is back on time – Markets Weekly Outlook

A week ahead preview: The New Year starts with quite some volatile events, both on the geopolitical and economic side. Markets will be looking closely at next week's US CPI release. Get ready for the upcoming week by looking at the past week's Market performance, what changed and the key events to expect in next week)

09-01-2026 21:07 GMT by Elior Manier

December US Jobs Report Shows Weaker Hiring

The December US jobs report confirms a continued slowdown in the labor market. Hiring fell short of expectations, job gains were concentrated in leisure and health care, and several key sectors saw employment declines. Despite weaker payroll growth, unemployment edged lower, leaving the Federal Reserve cautious as it weighs the outlook for interest rates and economic growth.

09-01-2026 17:30 GMT by Krzysztof Kamiński

No Decision on Tariffs today – Gold (XAU/USD) and Palladium (XPD/USD)Rally

Metals Market Update: The Supreme Court delays its tariff ruling to Jan 19th, triggering a relief rally. Gold breaks $4,500 and Silver nears $80, but the "crowded" long trade poses risks. We analyze the Bull/Bear tariff scenarios and intraday technicals for Gold (XAU) and Palladium (XPD).

09-01-2026 17:09 GMT by Elior Manier

Why venezuela’s political transition has left oil markets largely unmoved

Oil markets have largely ignored Venezuela’s political transition, as structural constraints prevent any rapid increase in supply. Production capacity is limited, infrastructure is degraded, and investment economics remain unattractive at current prices. While Venezuela’s vast reserves may matter in the 2030s if prices rise and politics stabilize, they pose little risk to global oil balances in the near term.

09-01-2026 14:45 GMT by Łukasz Zembik

Chart Alert: Silver (XAG/USD) intraday rally is fast approaching key resistance

Silver (XAG/USD) has staged a sharp intraday rebound after a steep sell-off, but technical signals suggest the rally may be corrective rather than the start of a new uptrend. With prices nearing the key US$79.86 resistance ahead of US non-farm payrolls, failure to break higher could trigger another down leg toward US$74 and US$70 in the first step.

09-01-2026 10:32 GMT by Kelvin Wong

Markets Today: Chinese Inflation Edges Higher, Gold Steady with NFP & Supreme Court Decision Now in Focus

The Nikkei secured a 3.2% weekly gain, and China's inflation hit 0.8%. European shares rose, led by Glencore's 8% jump on Rio Tinto takeover talks. The US dollar strengthened ahead of the US jobs report and a Supreme Court ruling on tariffs. Gold and oil also finished the week higher. Includes a technical view on the FTSE 100.

09-01-2026 09:49 GMT by Zain Vawda

Energy and Rotations – North American Session Market Wrap for January 8

January 8th 2026 North-American Session Recap – Energy rallies, Stocks rotate and Markets get ready for NFP. Check up the Daily asset and FX performance, what changed fundamentally and what's coming up on Monday.

08-01-2026 22:04 GMT by Elior Manier

Defensive Stocks Rotation ahead of NFP - Index Outlook and NFP Trading Levels

Pre-NFP Market Update: The "Freedom Trade" pauses as geopolitical tensions rise. While labor data improves, tech valuations and AI-driven layoffs prompt a rotation into defensive sectors. We analyze why smart money is quietly favoring the Dow ahead of the critical employment report. S&P 500 , Dow Jones and Nasdaq NFP Levels.

08-01-2026 21:36 GMT by Elior Manier

Monetary policy divergence: Australia & Eurozone CPI and the EUR/AUD tumble

Central bank clash! The RBA's fight against sticky core inflation (3.2%) puts a February rate hike on the table, while the ECB celebrates hitting its 2.0% inflation bullseye. This policy divergence is sinking the EUR/AUD cross to a 15-month low. Find out why traders are piling into the Aussie as a high-yield play and what it means for the pair's critical 1.73 support level.

08-01-2026 20:45 GMT by Moheb Hanna

NFP Preview: Federal Reserve’s Pivot at a Crossroads, Implications for the US Dollar & Nasdaq 100

Preview of the pivotal December Non-Farm Payrolls (NFP) report, set for release on January 9, 2026. The article examines whether the Federal Reserve's recent easing cycle was justified. It details consensus forecasts (60k-70k jobs), key risks, and outlines the expected market reactions for the US Dollar Index (DXY) and Nasdaq 100 based on deviations from the forecast.

08-01-2026 17:28 GMT by Zain Vawda

When the radar goes dark: Navigating the market after the COT report delay

The 43-day COT report delay led to a data vacuum, allowing "managed money" to build crowded, unseen positions. The eventual backfilled data caused a "positioning shock" in markets like soybeans, triggering sharp reversals. This event highlights the major risk of market opacity and the potential for a "volatility explosion" when speculative sentiment data is unavailable.

08-01-2026 13:18 GMT by Moheb Hanna

Markets Today: German Factory Orders Surge, Nikkei Slips as Markets Eye NFP Data & Supreme Court Tariff Ruling

Asian tech stocks fell on overvaluation concerns and Nikkei retreated. European stocks were cautious, with defense shares rallying on Venezuela tensions, while AB Foods plunged. The US dollar strengthened ahead of Friday's employment report. Oil stabilized, and gold slipped. Traders await US jobs data and tomorrow's Supreme Court ruling on tariffs.

08-01-2026 09:42 GMT by Zain Vawda

Chart Alert: Nasdaq 100 bullish momentum is building up

The Nasdaq 100 is showing signs of renewed bullish momentum despite recent underperformance versus other US indices. Technical signals point to a bullish consolidation, with price holding above key support at 25,350 and momentum indicators turning higher. A breakout above the 25,760–25,830 resistance zone could trigger a fresh impulsive move toward record highs.

08-01-2026 09:11 GMT by Kelvin Wong

Gold (XAU/USD) Slips 1.2% Before 50-Day MA Provides Support. Acceptance Above $4500/oz Remains Key

Gold (XAU/USD) price dipped 1.2% before finding support at the 50-day MA ($4419/oz), but acceptance above $4500/oz is key. Geopolitical risks (US/Venezuela/Russia tensions, Greenland acquisition talks) and softer US employment data (job openings, ADP) are underpinning the metal. Investors now focus on Friday's NFP data, which is set to be the next catalyst. Technical support is strong, but a strong NFP could threaten $4400/oz.

07-01-2026 18:44 GMT by Zain Vawda

US Freedom Trading is Back! – North American Mid-Week Market Update

Mid-Week update for North-American Markets – Freedom Trade is coming back to markets ahead of Friday's US NFP. Taking a close look at NA index and currency performance combined with a USD/CAD intraday chart to spot what's next for American Markets.

07-01-2026 18:39 GMT by Elior Manier