OANDA Group
CFXS
Newsletter
Open hamburger menu

All news & analysis

Stay up-to-date with the latest market developments. Discover breaking news, in-depth analysis, expert commentary, and market insights that affects all asset classes, from forex and commodities to stocks and indices. MarketPulse news will help you stay ahead so you can make informed trading decisions.

AdobeStock_71272910-1-scaled.jpeg
Recovery rally pauses ahead of the Fed
Equity markets are treading water this morning ahead of the Fed rate decision and following a decent rebound a day earlier. It very much feels like we're just taking one day at a time at the minute. Every day that passes without drama is one closer to the point at which we can put the mini-banking crisis behind us.
22-03-2023 04:45 GMT by Craig Erlam
AdobeStock_52985575.jpeg
Oil prices fall, gold awaits Fed decision
Stalled recovery Oil prices are slipping again today after recovering strongly from the lows over the last couple of days. There's still a lot of lost ground to make up which may highlight the apprehension behind the recovery as well as the potential longer-term consequences for the economy. Time will tell how significant an impact that will have but the fact that we're already seeing profit-taking isn't a great signal.
22-03-2023 04:40 GMT by Craig Erlam
AdobeStock_476362981-scaled.jpeg
Canadian dollar shrugs as inflation falls
The Canadian dollar is slightly lower on Tuesday. In the North American session, USD/CAD is trading at 1.3687, up 0.17%. Canada's CPI continues to ease Canada's headline inflation fell to 5.2% y/y in February, down from 5.9% y/y in January and beating the consensus estimate of 5.4%.
21-03-2023 10:46 GMT by Kenneth Fisher
AdobeStock_331249805.jpeg
Oil rises, gold pulls back as markets jitters ease
Will economic fears fully abate? Oil prices are rising again on Tuesday, adding to Monday's recovery to trade more than 6% from the lows. Brent fell close to $70 yesterday, the lowest level since late-2021 is a sign of how much the banking crisis has reverberated throughout the markets.
21-03-2023 10:07 GMT by Craig Erlam
200323-MPEM-0019-Podcast-1.png
Market Insights Podcast (Episode 446)
OANDA Senior Market Analyst Ed Moya reviews the latest market news with Jonny Hart. They discussed the UBS take over of Credit Suisse, preview the FOMC decision, and talk cryptos.
20-03-2023 14:52 GMT by Edward Moya
AdobeStock_429069221_Editorial_Use_Only-scaled.jpeg
Another hugely important weekend
It's been another lively start to the week following a busy weekend in which Swiss authorities have been working tirelessly to complete the sale of Credit Suisse and avoid further fallout on the open. So far it looks as though those efforts have not been in vain, along with those of a selection of major central banks to ensure access to dollar funding continues. This is now the second weekend that central banks, governments, and regulators have spent putting out fires, and, while markets are rec
20-03-2023 13:06 GMT by Craig Erlam
AdobeStock_119985165-1.jpeg
Oil gets support, gold breaks $2000
Oil seeing some support The sell-off in oil markets appears to be running into support following the near-20% decline over the last couple of weeks. Traders have been forced to reassess the outlook for the global economy in light of recent issues in the banking sector and it would appear they're no longer so optimistic. That may of course change as things settle down, assuming they do in the short term, but for now, they're taking a far more cautious stance.
20-03-2023 13:00 GMT by Craig Erlam
wall-street-4847634_1920.jpg
US Open: Stocks waver after UBS takeover deal/coordinated CB action/banking worries, Yen thrives on risk aversion flows, Bullish oil bets abandoned, Gold $2k, Bitcoin closer to $40k than November low
Looks like it will be another long week on Wall Street.  It was a busy weekend after a Credit Suisse bailout and a coordinated effort by the Fed and other central banks to boost dollar liquidity.  Despite a couple major weekend attempts to contain the risks hitting the banking system, US stocks are wavering as risk aversion won’t be going away until markets are confident that the Fed is done with their rate hiking campaign.  The banking system still doesn’t have any confidence as Wall Street tri
20-03-2023 09:47 GMT by Edward Moya
swiss-map.jpg
Swiss franc in calm waters, but is there a storm ahead?
USD/CHF is trading quietly on Monday, after a tumultuous week. In the European session, USD/CHF is trading at 0.9276, up 0.15%. Credit Suisse takeover, central banks take action There was a flurry of activity on Sunday in response to the banking crisis which has shaved some $1 trillion from global financial shares this month.
20-03-2023 07:43 GMT by Kenneth Fisher
AdobeStock_237774248.jpeg
Euro edges lower, ECB and other central banks take joint action
After a tumultuous week in the financial markets, things appear to have settled down. The euro is showing limited movement, trading at 1.0655. Central banks move in unison to contain contagion It was anything but a quiet Sunday, as the Swiss government engineered an emergency bank merger, with UBS agreeing to buy Credit Suisse, the second largest bank in Switzerland.
20-03-2023 05:22 GMT by Kenneth Fisher
170323-MPCE-0031-Youtube-1.png
EUR/USD - Volatile amid banking fears
OANDA Senior Market Analyst Craig Erlam discusses EURUSD in the aftermath of this week's turmoil in the banking sector, following the ECB rate hike and ahead of the Fed meeting.
17-03-2023 19:30 GMT by Craig Erlam
AdobeStock_440954875-2-scaled.jpeg
Week Ahead - More turmoil to come?
A week ago, a lot of economists were thinking the Fed was going to pick up the pace of rate hikes as disinflation trends were struggling given a robust core services inflation reading and tight labor market conditions.  A banking crisis however is changing how policymakers are assessing the impact of the first eight rate hikes.
17-03-2023 18:24 GMT by Craig Erlam
170323-MPEM-0018-Podcast-1.png
Market Insights Podcast (Episode 445)
OANDA Senior Market Analyst Ed Moya reviews the latest market news with Jonny Hart. They discussed the market reaction after this week's banking turmoil, the University of Michigan sentiment report, Fed expectations for next week, recap the ECB decision, cryptos, and the week ahead.
17-03-2023 14:02 GMT by Edward Moya
AdobeStock_238676322.jpeg
Oil continues slide, gold higher, bitcoin surges
Terrible week continues Oil prices have been pummelled this week as turmoil in the banking sector has increased the risk of a significant economic slowdown or recession this year. Clearly, traders are not convinced that the worst is behind us which continues to weigh heavily on the price of crude, particularly going into a weekend when anything can happen, as we saw a week ago.
17-03-2023 12:14 GMT by Craig Erlam
AdobeStock_580569776_Editorial_Use_Only-scaled.jpeg
An anxious weekend ahead
Markets remain risk-averse A frantic week in financial markets draws to a close and it's clear that investors are feeling very anxious about carrying risk into the weekend. We all saw how fast things can move over the weekend and risk-averse trade at the end of this week highlights how nervous investors are about further fallout. If we can get through the weekend without more drama, Monday's open could look very different but it's going to take time for the wounds to heal. Even with all of the m
17-03-2023 11:50 GMT by Craig Erlam
AdobeStock_407105881_Editorial_Use_Only.jpeg
US Open: Stocks still jittery on banking woes, Inflation expectation fall to lowest levels in nearly 2 years, Crude struggles, Gold shines, Bitcoin eyes $30k
US stocks are weakening on fears that this week’s banking turmoil will lead to tighter lending standards that will cripple small businesses and eventually send this economy into a recession. The Fed’s rate hiking cycle was already feeling restrictive, so now that we have rising risks of more bank bailouts and even tighter credit standards, the growth outlook for the economy is rather bleak. Next week will be huge as markets are unsure if the Fed will continue to tighten or given this week's ban
17-03-2023 10:58 GMT by Edward Moya
1 … 147 148 149 … 276