May 31 2022 🕓 3 min
DAX fails near resistance again
Another month, another record in EU inflation, not helping the sentiment in the markets.
Tag: Inflation
May 29 2022 🕓 2 min
A good starting point for the US
The economy is undergoing a transformation and the United States is very well positioned for it. The US has a strong labor market.
May 20 2022 🕓 2 min
The US economy may grow more than China’s this year
China's economy is expected to grow by only 2% this year, while the US gross domestic product is expected to grow by 2.8% this year.
May 18 2022 🕓 3 min
GBP/USD drops below 1.24 after inflation numbers
This week, the UK's unemployment rate fell to a 48 year low of 3.7% in the first quarter of the year, while inflation accelerated to a 9% annual rate in April.
May 17 2022 🕓 3 min
AUD/USD soars above key resistance after RBA minutes
The Australian dollar has been supported today by the Reserve Bank of Australia's minutes from its May monetary policy meeting, which indicated that a more significant interest rate rise in June is still feasible.
May 17 2022 🕓 2 min
UK unemployment lowest in 48 years
Britain's unemployment rate fell to 3.7% between January and March. However, inflation is leading to a fall in real incomes.
May 13 2022 🕓 3 min
Turbulent week on commodity markets
Precious metals reacted to higher than expected inflation data. Crude oil affected by EU ban and Covid situation in China.
May 12 2022 🕓 3 min
The Philippines is the fastest growing economy in East Asia
The Philippine economy grew faster than expected in the Q1, raising expectations of an interest rate hike to curb rising inflation.
May 11 2022 🕓 3 min
NZD/USD recovers slightly but remains bearish
This week, the NZD has been under pressure as investors fret over the global growth outlook and the Federal Reserve's next move.
May 9 2022 🕓 3 min
Gold tests support levels
Fed's monetary policy sparks big volatility in the markets, while gold falls to support levels. Big inflation data are awaited on Wednesday.
May 6 2022 🕓 3 min
Nasdaq bleeds as sentiment deteriorates
Markets remain nervous - as seen by the recent volatility in US equities.
May 4 2022 🕓 2 min
Fed declares war on inflation and raises interest rates
As expected, the Fed raised the key interest rate by half a percentage point. This is the highest interest rate increase in 22 years.