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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.

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NZD/USD eyes central bank meeting
The New Zealand dollar is slightly lower on Tuesday. NZD/USD declined over 0.50% earlier but has pared most of these losses and is trading at 0.6240, down 0.20%. RBNZ expected to hike by 50 bp The Reserve Bank of New Zealand will meet on Wednesday, its first policy meeting this year.
21-02-2023 05:20 GMT by Kenneth Fisher
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Oil in choppy waters, gold edges lower
Choppy trading continues Oil remains choppy this week with Brent and WTI slipping around 1% in early trade on Tuesday, wiping out similar gains at the start of the week. There is undoubtedly more optimism around the Chinese economy which will stimulate more demand this year but at the same time, sentiment is cooling on the global economy as interest rates are projected to go a little higher than previously anticipated. This was always likely to be a quarter of big swings in sentiment as it was t
21-02-2023 03:40 GMT by Craig Erlam
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Plenty to look forward to
It hasn't been the most thrilling start to the week but the good news is that it should improve from here as the US rejoins and the economic calendar fills out. We were basically treading water on Monday which is often the case on a US bank holiday. The fact that the calendar was as thin as it was elsewhere naturally doesn't help and it may be no bad thing either.
21-02-2023 03:36 GMT by Craig Erlam
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Market Insights Podcast (Episode 434)
Craig Erlam joins Jonny Hart to discuss how financial markets are trading at the start of the week, why China outperformed following the LPR decision, and the week ahead.
20-02-2023 15:21 GMT by Craig Erlam
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Japanese yen steady at 134
USD/JPY has started the week quietly as it continues to trade at the 134 line. It was a rough week for the yen, which declined by 2% and dropped as low as 135.11, its lowest level this year.
20-02-2023 10:02 GMT by Kenneth Fisher
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Oil remains choppy, gold under pressure
Choppy trade continues Oil prices are bouncing back a little after slipping throughout the last week from their recent highs. The optimism around China today may be responsible for the gains we're seeing in crude which would make a lot of sense given it's the world's largest importer and expected to recover strongly from the Covid transition. But as we've seen over the last few months, there's more to this story than just China and the decline over the last week was likely a reflection of more p
20-02-2023 08:25 GMT by Craig Erlam
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Euro drifting, markets eye PMIs
The euro showed some volatility at the start of last week but since then it has been in calm waters and has stayed close to the 1.0.7 line.We'll get a look at eurozone and German PMIs on Tuesday. ECB signals another 50 bp hike The ECB has been criticized for sending mixed messages to the markets, but Christine Lagarde was crystal clear last week when she told EU lawmakers that “in view of the underlying inflation pressures we intend to raise interest rates by another 50 basis points at our nex
20-02-2023 05:17 GMT by Kenneth Fisher
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GBP/USD - Shifting Expectations
OANDA Senior Market Analyst Craig Erlam discusses how cable has responded to the change in US and UK interest rate expectations over the last couple of weeks, and what he believes the key levels to watch are.
19-02-2023 16:41 GMT by Craig Erlam
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Market Insights Podcast (Episode 433)
OANDA Senior Market Analyst Ed Moya reviews the latest market news with Jonny Hart. They discussed the return of the bond bears following a wave of hawkish Fed speak, oil's weekly loss, crypto markets, and the week ahead.
17-02-2023 16:13 GMT by Edward Moya
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Oil slides, gold under pressure
Oil slides but remains in range We’re continuing to see oil prices fluctuate, although recent choppiness has occurred largely near the upper end of their range since early December. Brent and WTI are on the decline on Friday, matching up with overall risk appetite in the markets but broadly speaking, little has changed. One major upside risk to prices remains China and its recovery from the transition to living with Covid.
17-02-2023 08:24 GMT by Craig Erlam
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Finally hitting home
Equity markets are ending the week in the red after finally falling victim to the persistent disappointment of US economic data on Thursday. It's taken a lot but it would appear investors' eternal optimism is being shaken, with the latest PPI figures finally driving the message home that bringing the economy in for a soft landing will be extraordinarily challenging and there'll likely be plenty of turbulence along the way. In reality, the message should have sunk in much sooner but investors wer
17-02-2023 08:19 GMT by Craig Erlam
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Week Ahead - Economic data dominates
The latest round of economic data (retail sales, CPI, PPI, jobless claims) are all signaling more Fed rate hikes are coming.  Wall Street will pay close attention to the flash PMIs, which could show manufacturing and service sector activity is stabilizing, existing home sales, jobless claims, and personal income & spending data.
17-02-2023 06:49 GMT by Craig Erlam
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Canadian dollar extends losses
The Canadian dollar continues to lose ground on Thursday. In the North American session, USD/CAD is trading at 1.3461, up 0.50%. Soft data weighs on Canadian dollar Weak Canadian releases are weighing on the Canadian dollar, which is down about 1% this week.
16-02-2023 11:11 GMT by Kenneth Fisher
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Aussie shaky after soft job data
It has been a busy session for the Australian dollar, which started the day with losses but has recovered. In European trade, AUD/USD is trading at 0.6919, up 0.23%. Mixed Australian data Australia delivered some mixed data earlier today.
16-02-2023 05:16 GMT by Kenneth Fisher
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