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.

corona-gb92eae5a3_1280.jpg
One eye on FOMC Minutes
The week is off to a relatively slow start, with Asia trading mostly in the red and Europe and the US poised to do the same. We don't get many quiet weeks these days but this may turn out to be one of the few, with the US Thanksgiving bank holiday cutting the week short for many traders and the Fed minutes on Wednesday potentially weighing on activity beforehand. The recovery rally has stalled over the last week or so as Fed commentary has remained more hawkish than investors wanted. The rebound
21-11-2022 04:24 GMT by Craig Erlam
AdobeStock_335149535.jpeg
Oil declines, gold dips lower
Oil slips further amid China woes The prospect of more restrictions and therefore lower demand in China has weighed on crude prices recently. Brent slipped back below $90 last week and could register the fourth day of declines if it remains in the red.
21-11-2022 04:10 GMT by Craig Erlam
usa-dollar-brick-texture-flag.jpg
US Close: Stocks fluctuate, Fed stays hawkish, dollar posts weekly gain, oil's bad week, gold declines, cryptos surprisingly find support
US stocks are acting like they are already feasted on a 12-pound turkey.  Today's market moves were uninspiring as we did not learn anything new.  The housing market is in a recession after existing home sales fell for a ninth straight month.  The Fed is united in sticking to the hawkish script. Fed's Collins noted that a 75 basis-point rate increase is still on the table as there is no clear evidence that inflation is coming down.
18-11-2022 15:28 GMT by Edward Moya
MR-1899-2.jpg
Market Insights Podcast (Episode 400)
Jonny Hart looks back on the week's business and markets news with OANDA Senior Market Analyst Ed Moya in New York.  This week they talk about commodities and cryptos. They address the fallout from the FTX, oil's bad week, and how hawkish Fed speak put an end to gold's rally.  They also discuss what the week ahead has in store for financial markets.
18-11-2022 15:26 GMT by Edward Moya
Fed-Strategy-Of-Interest-Rate.jpg
Week Ahead - Central banks remain hawkish
Wall Street’s shortened trading week will be jam-packed with the FOMC minutes, more Fed speak, the flash PMIs and the final look at the University of Michigan’s inflation expectations.   One of the key events of the trading week will be the Fed’s minutes from the November policy meeting.  Financial markets will want to know if the Fed still believes that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action.
18-11-2022 09:43 GMT by Craig Erlam
pedestrians-g6980d3b79_1280-1.jpg
Uncertain times
Equity markets are back in the green on Friday after a choppy week in which the recovery rally has stalled. Efforts by Fed policymakers to manage market expectations have cooled the sense of immense relief that has delivered a strong rebound over the last month. The S&P was up more than 15% at one point while the Dow jumped more than 18%.
18-11-2022 07:45 GMT by Craig Erlam
AdobeStock_119985165-1.jpeg
Oil extends decline, gold steady
Brent below $90 ahead of December OPEC+ gathering Oil prices are continuing to retreat against the backdrop of increasingly gloomy economic prospects and surging Covid cases in China which risk further restrictions and lockdowns, threatening demand in the world's second-largest economy. Brent crude has broken back below $90, testing the mid-October lows and, if sustained, the patience of OPEC+. The group was heavily criticized for its two million barrel per day output cut and yet oil prices are
18-11-2022 07:37 GMT by Craig Erlam
cad_canadian_dollar_loonie.jpg
Canadian dollar eyes inflation data
The Canadian dollar is trading quietly on Friday. USD/CAD is trading at 1.3337 in the European session, up 0.09%. RMPI, IPPI inflation indicators next Inflation was in the spotlight this week, as Canada released the CPI report for October.
18-11-2022 07:30 GMT by Kenneth Fisher
uk-flag-united-kingdom-union-jack.jpg
Pound rises as retail sales rebound
The British pound has pushed above the 1.19 line on Friday. GBP/USD is currently trading at 1.1924, up 0.49%. Retail sales bounce back Retail sales showed some life in October, posting a gain of 0.6% MoM.
18-11-2022 05:31 GMT by Kenneth Fisher
Japanese-Yen-Currency-euro-jpy-usd-dollar.jpg
USD/JPY calm as inflation rises higher
The Japanese yen has edged higher on Friday and is trading at 139.90 in the European session. Japan's Core CPI beats forecast Inflation continues to creep up in Japan. Core CPI accelerated to 3.6% in October, up from 3.0% in September and edging above the consensus of 3.5%.
18-11-2022 04:18 GMT by Kenneth Fisher
usa-bank-central-fed-federal-reserve.jpg
Fed speak kills risk appetite, stocks decline, US data, cryptos weaken
US stocks are declining as the Fed sticks to the hawkish script that supports the idea that this economy is quickly heading towards a recession. ​ Equities extended declines after the latest round of Fed speak reminded us that policymakers could remain very hawkish, despite a downshift to a half-point pace in December.
17-11-2022 11:28 GMT by Edward Moya
AdobeStock_63611379.jpeg
Oil lower on demand woes, gold slumps
Oil Oil prices are getting punished as crude demand concerns show no signs of easing. ​ The world’s two largest economies are struggling here as China battles COVID and the US is seeing a significant drop in manufacturing activity.  China’s new case total rose above 23,000, which is the highest level since April and is approaching its record high.
17-11-2022 11:22 GMT by Edward Moya
london-g82cfab1ea_1280.jpg
Stalled rebound
The risk rebound in the markets has stalled and equity markets are down around 1% on Thursday following quite a good run over the last month. The day we've all been waiting for The Autumn Statement has been a long time coming after the disastrous mini-budget almost two months ago. The UK's fiscal credibility was in the gutter, the pound was crushed and borrowing costs soared.
17-11-2022 09:14 GMT by Craig Erlam
AdobeStock_74796697.jpeg
Oil prices fall, gold stalls
Oil slips amid easing geopolitical risk and China woes Oil prices are slipping as we move through the week, with easing geopolitical risk and Chinese demand weighing. Prices spiked earlier in the week after missiles landed in Poland, risking a dramatic escalation in the war in Ukraine.
17-11-2022 09:11 GMT by Craig Erlam
Keyboard-With-Japanese-yen-jpy-China-Yuan.jpg
Yen dips ahead of key inflation data
The Japanese yen continues to flirt with the 140 level. In the European session, USD/JPY is trading at 140.25, up 0.51%. Japan releases the October National CPI later today, which is expected to rise to 3.5%, following the September reading of 3.0%.
17-11-2022 07:59 GMT by Kenneth Fisher
australia-flag.jpg
Aussie slides despite strong job data
The Australian dollar is considerably lower on Thursday. In the European session, AUD/USD is trading at 0.6671, down 1.02%. Employment data shines Australia's tight labor market got even tighter in October.
17-11-2022 06:08 GMT by Kenneth Fisher
AdobeStock_331249805.jpeg
Oil slides, gold softens
Oil Yesterday’s bullish triggers for oil prices were quickly undone today. ​ Oil prices declined after flows from the Druzhba pipeline resumed and preliminary analysis of the missile that killed two in Poland was likely an errant missile fired by Ukraine’s defense system. ​ It looks like we aren’t seeing an immediate escalation from the Russians and that has tentatively removed some of the short-term supply risks. Oil struggled for direction after a mixed EIA crude oil inventory report as stockp
16-11-2022 15:18 GMT by Edward Moya
1 … 174 175 176 … 276