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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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USD/JPY eyes Bank of Japan meeting
The Japanese yen continues to have a quiet week. In the North American session, USD/JPY is trading at 153.25, at the time of writing, down 0.07% on the day. Bank of Japan expected to stay on sidelines The Bank of Japan concludes its two-day meeting on Thursday and is widely expected to maintain policy settings, including its benchmark rate at 0.25%.
30-10-2024 14:21 GMT by Kenneth Fisher
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Australian dollar rises as CPI falls to 3.5-year low
The Australian dollar has broken a three-day skid and is in positive territory on Wednesday. In the North American session, AUD/USD is trading at 0.6577, up 0.26%. Australian inflation falls below 3% Australia’s inflation rate fell below 2.8% y/y in the third quarter, down sharply from 3.8% in the second quarter.
30-10-2024 12:42 GMT by Kenneth Fisher
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EUR/USD rises as German GDP beats forecast
The euro is up for a third straight day on Wednesday. In the European session, EUR/USD is trading at 1.0839 at the time of writing, up 0.20% on the day. Germany’s GDP for the third quarter surprised on the upside with a modest 0.2% gain.
30-10-2024 06:16 GMT by Kenneth Fisher
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UK Budget Preview: GBP/USD, GBP/JPY and EUR/GBP Price Action Ideas
UK Autumn Budget anticipation mounts as markets remain calm, unlike during the 'Trussonomics' era. GBP/USD faces a critical juncture at the 1.3000 level, with potential for both upside and downside breaks. GBP/JPY nears the 200.00 handle, a daily close above could trigger a run towards July highs. READ MORE: This article follows my previous GBP Price Action Ideas Piece on October 16. The GBP has steadily gained ground against the majority of G7 counterparts with the exception of the US Dollar a
29-10-2024 14:17 GMT by Zain Vawda
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Gold (XAU/USD) Price Reclaims $2750/oz Amid Record $3 Billion Inflows into Gold Funds
Gold prices surge past $2750 per ounce on record inflows into gold funds. Gold ETFs saw a massive $3 billion investment last week, the second-largest increase ever. Year-to-date gains for gold are at 33%, setting the stage for its best year since 1979. Despite a strong US dollar, gold's rally remains unfazed, with safe-haven appeal outweighing dollar strength amid rising global uncertainties.
29-10-2024 07:25 GMT by Zain Vawda
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Nikkei 225: Bulls are still holding the line despite political uncertainty
Impending potential fiscal stimulus measures are supporting the recent two days of rallies seen in the Nikkei 225. Technical analysis with TOPIX sector rotation suggests a likely start of a major impulsive up move sequence on the Nikkei 225. The biggest risk for Nikkei 225 bulls is likely the main CDP opposition party mounting a challenge to LDP’s right to lead in the lower house. This is a follow-up analysis of our prior report, “Nikkei 225: Potential bullish key reversal week after 4 weeks o
29-10-2024 06:36 GMT by Kelvin Wong
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Nasdaq 100 Technical: Negative feedback loop from rising US Treasury yields may overshadow mega-cap earnings results
Five mega-cap technology stocks (Alphabet, Microsoft, Meta, Apple and Amazon) will report their respective earnings results this week. Bullish momentum of the recent 4-week rally seen in the 10-year US Treasury yield remains intact. A continuation of the surge in the 10-year US Treasury yield may challenge the positive vibes from the US mega-cap technology earnings results. Pivotal week for the Nasdaq 100 as five mega-cap technology stocks; Alphabet, Microsoft, Meta, Apple and Amazon that have
28-10-2024 06:24 GMT by Kelvin Wong
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Markets Weekly Outlook - ‘Magnificent 7’ Earnings, BoJ Meeting and US Jobs Data
Markets are in a holding pattern as investors weigh risks and uncertainties ahead of a busy week filled with key events. The US election is drawing closer, and markets may react to the possibility of a Trump victory, which could lead to a rise in the US Dollar and inflation expectations. The Bank of Japan (BoJ) meeting is a highlight in Asia, with market expectations leaning towards no rate hike. In the UK, the first budget by the Labor Party under Chancellor Rachel Reeves is highly anticipat
25-10-2024 12:43 GMT by Zain Vawda
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Pound higher despite weak PMI data
The British pound is steady on Friday. In the European session, GBP/USD is trading at 1.2986, up 0.07% on the day. UK PMIs decelerate in October UK PMI releases on Thursday pointed to weaker activity in October in the manufacturing and services sectors.
25-10-2024 08:22 GMT by Kenneth Fisher
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Tokyo Core CPI complicates BoJ’s rate plans
The Japanese yen is showing limited movement on Friday. In the European session, USD/JPY is trading at 151.94, up 0.09%. Tokyo Core CPI falls below BoJ's target Tokyo Core CPI, a leading indicator of inflation trends in Japan, fell to 1.8% y/y in October, down from 2% in September and just above the market estimate of 1.7%.
25-10-2024 05:21 GMT by Kenneth Fisher
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USD/JPY Technical: 4-week of JPY persistent weakness led by political factors
The recent movement of the USD/JPY has been influenced primarily by political factors. The JPY has weakened significantly due to the growing risk that the current LDP-led coalition may lose its majority seats after this Sunday, 27 October snap election. Watch the 151.10 key short-term support on the USD/JPY. This is a follow-up analysis of our prior report “USD/JPY Technical: Potential bearish reversal in US dollar strength below 200-day moving average” published on 21 October 2024. Click here
25-10-2024 05:18 GMT by Kelvin Wong
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EUR/USD Update - Technicals Hint at Bounce but Acceptance Above 1.08 is Key
EUR/USD saw early gains on Thursday but fell as US PMI data exceeded expectations. Diverging economic paths and monetary policies between the US and Eurozone could impact EUR/USD. Technical analysis suggests a potential bullish move for EUR/USD, despite fundamental factors favoring the US Dollar. Most Read: Gold (XAU/USD), Silver (XAG/USD) Print Fresh Highs as the DXY Eyes 105.00 The Euro has lost some of its early Thursday gains as US PMI data exceeded expectations. A weaker US Dollar has help
24-10-2024 11:27 GMT by Zain Vawda
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