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Bloomberg (gated) report on a Sunday note from economists at Goldman Sachs. The GS analysts expect the Federal Open Market Committee (FOMC) will begin its rate cut cycle by the end of June next year with a 25bp cut. Further rate cuts will follow from there at a...

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

Good morning/afternoon/evening and welcome to the new forex week and hello to anyone just back from holiday! If its any help I'll be doing some 'catch-up' info for you. 😉 On a Monday morning, market liquidity is very thin until it improves as more Asian centres come...

UPCOMING EVENTS:Tuesday: PBoC MLF, Australia Wage Price Index, China Industrial Production, UK Jobs Report, German ZEW, US Retail Sales, Canada CPI, NAHB Housing Market Index.Wednesday: RBNZ Policy Decision, UK CPI, FOMC Meeting Minutes.Thursday: Australia Jobs...

MON: N/ATUE: PBoC MLF, RBA Minutes, Japanese Prelim. GDP (Q2), Australian Wage Price Index (Q2), Chinese Industrial Output and Retail Sales (Jul), Japanese Industrial Output (Jul), UK Jobs Report (Jun/Jul), German ZEW Survey (Aug), US Retail Sales (Jul), Canadian CPI...

Markets:Gold flat at $1912US 10-year yields up 8.8 bps to 4.17%WTI crude oil up 35-cents to $83.17S&P 500 flatGBP leads, NZD lagsThe final changes on the day and the headlines don't capture what was a lively August Friday. The PPI numbers hit and were slightly...

A US judge appears to be on the brink of revoking Sam Bankman-Fried's bail. He's charged with one of the largest fraud's in history as he embezzled billions running the exchange FTX.The judge said he there was probable cause to believe that the FTX founder attempted...

The market has been laser-focused on inflation for the past year but as prices cool and inflation nears target, the focus will shift to economic strength and for clearer signs of a recession.One of the best economic indicators for the health of the US economy is...

EUR/USD dailyMUFG Research adds a new short EUR/USD position to its trade of the week portfolio targeting a move towards 1.0770, with a stop at 1.1160. "We have instigated a short EUR/USD trade idea to reflect the potential bias favouring yield and hence the dollar...

525 oil rigs vs 525 previouslyNatural gas rigs 123 vs 128 priorOil rigs have been steadily falling this year but US fields have kept up productivity by tapping DUCs. I don't know how much longer that can last. Gas prices have struggled but there was talk we would be...

WTI crude oil daily chartOil will be an interesting spot to watch as it fights for a sixth straight week of gains. It's currently trading at $83.69, which is up 80 cents but more importantly is above the April high of $83.53. A close above that level The driver at the...

Nvidia stock (NVDA) is leading a slump in the Nasdaq and has helped to push the index to the lows of the day.The high-flying chipmaker is among the most highly valued stocks in the world, and certainly the highest-valued big-cap tech company. It's trading near 40x...

Closing changes:Stoxx 600 -1.0%German DAX -0.9%UK FTSE 100 -1.2%French CAC -1.2%Italy MIB -1.0%Spain IBEX -0.7%On the week:Stoxx 600 flatGerman DAX -0.7%UK FTSE 100 -0.5%French CAC +0.4%Italy MIB -1.0%Spain IBEX +0.7%There's a doji star on the weekly Stoxx 600...

The market is showing high sensitivity to anything touching inflation at the moment. The University of Michigan's consumer sentiment survey was slightly stronger at 71.2 compared to 71.0 expected but the market may be cheering the improvement in inflation...