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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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Pound yawns after Bailey warnings
The British pound is trading quietly on Monday, as the currency markets have started the week with a whimper. BoE's Bailey says dark times ahead BoE Governor Bailey testified before lawmakers earlier today, and his message was a grim one. The BoE has predicted that soaring inflation could top 10%, and Bailey today admitted that "this is a bad situation to be in".  Bailey said that the Ukraine war could cause a further energy shock and that his concern about the surge in food prices was "apocal
16-05-2022 12:07 GMT by Kenneth Fisher
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CAD rallies on US consumer confidence
The Canadian dollar is unchanged on Monday, as it trades at the 1.29 line. Weak US consumer confidence boosts Canadian dollar The Canadian dollar ended the week in splendid fashion, with gains of over 1 per cent. This marked the Canadian dollar's best one-day performance this year and recovered all of the week's losses.
16-05-2022 10:46 GMT by Kenneth Fisher
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EU forecast: growth down, inflation up
The euro is drifting at the start of the week, as EUR/USD trades slightly above the 1.04 level. The euro remains under pressure, as it continues to weaken against the US dollar. EUR/USD hasn't mustered a winning week since March and hit a dubious milestone on Thursday, closing below the 1.04 line for the first time since January 2003.
16-05-2022 08:33 GMT by Kenneth Fisher
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Week Ahead – Wall Street Whipsawed
It was a tremendous week of market volatility for every asset class on Wall Street.  It is still all about inflation and what will be the reaction from central banks.  A challenging inflation and growth mix have driven investor concerns that the Fed won’t be able to deliver a soft landing.
13-05-2022 17:19 GMT by Edward Moya
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US Close - A terrible week ends on a positive note, Crude prices rallying hard on optimism over China's COVID situation, Gold pummeled
Wall Street is ready to close the books on this trading week.  US stocks are finishing on a high note as investors take comfort from a round of Fed speak that suggests financial markets won’t have to price in even more tightening of financial conditions over the next couple of FOMC decisions.  Fed’s Daly supports the idea of sticking with 50 basis-point rate hikes at the next two meetings.  Yesterday, Fed Chair Powell reiterated his support for raising rates at the June and July policy meetings,
13-05-2022 14:55 GMT by Edward Moya
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Euro under pressure, falls below 1.04
The euro has stabilized on Friday, after a dreadful Thursday in which EUR/USD fell 1.26%. Russian announces sanctions The euro continues to struggle and is trading at lows last seen in January 2017. The Ukraine war has taken a bite out of the eurozone economy and sent the euro tumbling.
13-05-2022 08:27 GMT by Kenneth Fisher
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British pound's woes continue
The British pound can't seem to find its footing. GBP/USD hasn't had a daily winning session since May 4th and closed on Thursday below the 1.22 line, for the first time since May 2020.
13-05-2022 07:42 GMT by Kenneth Fisher
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New Zealand dollar stabilizes
The New Zealand dollar is headed for its seventh consecutive losing week.  NZD/USD has declined 2.51% this week and the currency is trading at July 2020 lows. The currency plunged 1.01% on Thursday but has steadied on Friday and is trading at 0.6244. New Zealand's Manufacturing Index slowed to 51.2 in April, down from 53.8 in March.
13-05-2022 05:56 GMT by Kenneth Fisher
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Oil in choppy waters, gold slides
Oil markets remain volatile Oil prices finished modestly higher overnight, after another chop-fest session which saw Brent crude and WTI fall nearly four dollars intraday. Powell’s soothing comments around 0.50% rate hikes stabilised sentiment in New York, but it is likely that the Russian natural gas sanctions on some European importers were the reason that oil rebounded.
13-05-2022 04:49 GMT by Jeffrey Halley
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Asian currencies stage a technical rebound 
Japanese yen pares gains The US dollar index shrugged off a plunging USD/JPY overnight, climbing an impressive 0.72% to 104.75 overnight, where it remains in Asian trading. The heavy weighting of the euro in the index explains the dollar index rally overnight, assisted by sterling easing as well.
13-05-2022 04:26 GMT by Jeffrey Halley
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Asian equities stage a technical rebound
Asian markets rally on Powell comments Asia-Pacific equities are staging a relief rally today after Wall Street stabilised late in the session as Jerome Powell calmed nerves over potential 0.75% rate hikes. The rebound of cryptos and stable coins also lifted sentiment.
13-05-2022 04:01 GMT by Jeffrey Halley
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Damage control
New York had another tumultuous session overnight, dominated by noise from the crypto sector where (un)stable coins continued to suffer from untethering. Either the crypto noise was pushing equities down, or vice versa, I know not.
13-05-2022 03:52 GMT by Jeffrey Halley
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Oil edges lower, gold hurt
Oil Oil prices remain a volatile trade as the crude demand outlook grows more uncertain as inflation remains uncomfortably high and has accelerated global growth concerns. ​ The risk-off tone on Wall Street is leading to a much stronger US dollar which is weighing on oil prices. Many energy traders remain fixated over the EU’s potential ban on Russian crude, which now seems to be losing momentum. ​ The EU is struggling to get Hungary’s support, which could suggest this embargo won’t happen anyti
12-05-2022 15:14 GMT by Edward Moya
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New Zealand dollar sinks after US CPI
This week has gone from bad to worse for the New Zealand dollar, as NZD/USD has taken a tumble on Thursday. In the North American session, NZD/USD is trading at 0.6248, down 0.74% on the day.
12-05-2022 10:58 GMT by Kenneth Fisher
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British pound dips on soft GDP
The pound continues to lose ground and is trading at its lowest level since May 2020. GBP/USD fell below the 1.22 level earlier and hasn't had a daily winning session since May 4th. Negative growth raises alarm bells The UK economy is struggling, a grim fact which was brought home by the Q1 GDP report earlier today.
12-05-2022 07:17 GMT by Kenneth Fisher
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Euro drops to January 2017 lows
The euro has fallen close to the 1.04 level, which has held since January 2017. In the European session, EUR/USD is trading at 1.0429, down 0.81% on the day. ECB hints at a rate hike in Q3 After years of monetary easing which was fueled by low inflation levels, the ECB is slowly but surely switching gears and talking openly about a rate hike.
12-05-2022 05:57 GMT by Kenneth Fisher
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