Rate cuts by year-endFed: 80 bps (76% probability of no change at the upcoming meeting) ECB: 64 bps (92% probability of rate cut at the upcoming meeting) BoE: 52 bps (66% probability of rate cut at the upcoming meeting) BoC: 55 bps (62% probability of no change at the...
FBS Explores the US Bitcoin Reserve and Its Market Implications
FBS, a leading global broker, has released a new analysis examining the impact of the US government's decision to establish a Strategic Bitcoin Reserve. This move, announced by President Donald Trump in March 2025, officially recognizes Bitcoin as a reserve asset and...
No Putin-Trump call scheduled so far for this week
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,...
France’s Le Pen reportedly receives immediate election ban
The verdict is that Le Pen will be deemed ineligible to be elected to public office, though the duration is unknown. But if confirmed, I reckon it should be the five-year ban as per what the offense would carry. This means she will be ruled out from running in...
AUDUSD falls below a key support as risk-off flows dominate
On the 4 hour chart below, we can see that the AUDUSD pair just fell below a key support zone around the 0.6260 level which has been holding since March 10th. The sellers are likely to pile in with a defined risk above the broken zone to position for a drop into the...
Risk sentiment stays on the defensive as we await the April 2 event
In case you missed it, we had a WSJ report overnight saying the Trump was weighing broader and higher tariffs with hikes potentially as high as 20%. This weighed on an already negative sentiment that was triggered by last Friday's final University of Michigan consumer...
PU Prime Becomes the Official Regional Sponsor of the Argentina National Football Team
PU Prime, a globally recognized online trading platform, has announced its partnership with the Argentine Football Association as an Official Regional Sponsor. The partnership, commencing on March 17, 2025, underscores PU Prime’s commitment to excellence and...
Italy February preliminary CPI +2.0% vs +1.6% y/y expected
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,...
France’s Le Pen found guilty in case over misuse of parliamentary funds
It's a big moment in French politics, so do keep an eye out for this. Le Pen is the far right party leader and is the frontrunner in opinion polls ahead of the next presidential vote. If she is made ineligible, then this would see the far right grasp on the political...
No, bitcoin is not digital gold
The first quarter of 2025 has been defined by a rise in growth fears and inflation expectations leading to hightened stagflationary risks. The culprit is of course Trump's tariffs policy. Bitcoin has been often cited as a hedge against inflation but the actual drivers...
UK February mortgage approvals 65.5k vs 65.6k expected
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,...
ECB’s Panetta: The fight against inflation cannot be considered over
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,...
Bavaria March CPI +2.3% vs +2.4% y/y prior
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,...
SNB total sight deposits w.e. 28 March CHF 451.2 bn vs CHF 449.2 bn prior
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,...
Why the JPY got bid across the board?
The Japanese Yen rallied across the board last Friday as the final University of Michigan survey showed consumer sentiment slumping more than expected and the long term inflation expectations got revised even higher. That was the catalyst that reignited stagflationary...
Market Outlook for the Week of March 31st – April 4th
The week will begin slowly on Monday, with no significant scheduled economic events for the FX market. On Tuesday, the highlight will be the RBA monetary policy announcement, along with the final manufacturing PMI for both the eurozone and the U.S. Additionally, the...
Weekly Market Outlook (31-04 April)
UPCOMING EVENTS:Monday: German CPI.Tuesday: Japan Unemployment Rate, Japan Tankan Index, China Caixin Manufacturing PMI, RBA Policy Decision, Swiss Manufacturing PMI, Eurozone CPI, Canada Manufacturing PMI, US ISM Manufacturing PMI, US Job Openings.Wednesday: US ADP,...
European equities see red at the open as tariff worries weigh
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,...
Gold thrives as stagflationary risks continue to increase
Fundamental OverviewGold has been on a steady uptrend lately as traders have been finding shelter in the precious metal amid stagflationary risks. In fact, we are seeing inflation expectations rising while growth forecasts get revised lower. Last Friday, we got some...
Goldman Sachs now also sees the ECB delivering another rate cut in July
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,...