Thursday, July 3, 2025
Next 24 hours: Markets brace for jobs report ahead of holiday weekend
Today’s report: US trade deals lift antipodean currencies
Markets ended a subdued session as attention turned to the upcoming U.S. jobs report, with the dollar retreating after a surprising ADP jobs print, far below what was expected. read report
Wake-up call
Wednesday, July 2, 2025
Next 24 hours: Eurozone jobless rate ticks up, ECB stays patient
Today’s report: Dollar steadies as Powell hints at rate cut delay
Strong economic data, including ISM prices paid and JOLTS job openings, briefly bolstered the U.S. dollar, along with comments from Federal Reserve Chair Jerome Powell who indicated uncertainty around the Trump administration’s trade and tariff policies was delaying a potential rate cut. read report
Wake-up call
Tuesday, July 1, 2025
Next 24 hours: Dollar dives as Fed rate cut bets grow
Today’s report: The US Dollar’s structural challenges
Despite U.S. interest rates exceeding those of most G10 peers and the dollar being considered oversold, it’s struggling to gain traction. Federal Reserve Chair Powell’s reluctance to cut rates is delaying what could be an even sharper decline. read report
Wake-up call
Monday, June 30, 2025
Next 24 hours: Dollar suffers amid trade tensions
Sunday, June 29, 2025
Today’s report: Trump’s trade moves shake markets
The U.S. dollar stabilized into last week’s close, as Treasury yields paused and the S&P 500 hit new year-to-date highs, with markets encouraged by progress in trade deals with the UK, China, and potentially India, alongside possible extensions to the July 9 tariff deadline. read report
Wake-up call
Thursday, June 26, 2025
Today’s report: Euro extends to another yearly high
Reports from the Wall Street Journal have opened more downside pressure on the Buck, while fueling fresh 2025 highs in currencies like the Euro and Pound. These reports say President Trump is frustrated with the Federal Reserve’s slow approach to cutting interest rates. read report
Wake-up call
Wednesday, June 25, 2025
Next 24 hours: Fed rate cut speculation grows
Today’s report: Ceasefire holds, Fed rate cuts in focus
The Israel-Iran ceasefire continues to hold, easing geopolitical tensions, while markets focus on rising odds of Fed rate cuts by July, with Fed Chair Powell’s testimony today at 2:00 PM GMT expected to provide further clarity. read report
Wake-up call
Tuesday, June 24, 2025
Next 24 hours: Dollar dips as Trump touts ceasefire
Today’s report: Ceasefire hope fuels uptick in risk appetite
President Trump announced a ceasefire between Israel and Iran on social media, though Iran’s Foreign Minister denied a formal agreement, stating attacks would stop if Israel ceased aggression by 4 am Tehran time. read report
Wake-up call
Monday, June 23, 2025
Next 24 hours: Dollar surges post Iran strikes
Today’s report: Dollar holds firm amid geopolitical risks
Last week’s soft U.S. economic data, including a weaker-than-expected Philadelphia Fed Business Outlook and a negative Leading Index print, has fueled speculation about Federal Reserve policy, with Governor Waller advocating for proactive rate cuts despite a cautious committee. read report
Wake-up call
Friday, June 20, 2025
Today’s report: Geopolitical uncertainty keeps investors cautious
The Dollar Index hit a weekly high on Thursday amid escalating tensions in the Israel-Iran conflict, with the White House indicating President Trump will decide within two weeks on potential U.S. involvement. read report
Wake-up call
Thursday, June 19, 2025
Next 24 hours: Focus on BOE with US market out
Today’s report: Fed holds rates, Dollar wobbles
The Federal Reserve maintained its benchmark interest rate as anticipated, with the dot plot indicating two rate cuts for the year, though nearly as many members projected none, showing a close split. read report
Wake-up call
Wednesday, June 18, 2025
Special report: FOMC decision preview
Today’s report: US Dollar holds firm despite data misses
Despite recent U.S. economic data misses, the US Dollar remains strong, gaining notably against the Pound, which fell below 1.3500. U.S. stock futures show resilience, but escalating Israel-Iran tension raises concerns, with oil prices climbing amid fears of U.S. involvement. read report
Wake-up call
Tuesday, June 17, 2025
Next 24 hours: US retail sales data stands out
Today’s report: Treasury yields steady, Fed meeting looms
The U.S. dollar continues to get sold into rallies despite escalating Middle East tensions, including Israeli airstrikes and President Trump’s call for Tehran’s evacuation. U.S. stock futures have dipped only slightly after Monday’s strong gains across major indexes led by tech and consumer stocks. read report
Wake-up call
Monday, June 16, 2025
Next 24 hours: China data mixed, ECB hints at rate flexibility
Today’s report: Geopolitics driving dollar, oil prices
The U.S. dollar remains steady but slightly stronger against risk-sensitive currencies as tensions between Israel and Iran escalate, with no signs of de-escalation after four days of strikes. read report
Wake-up call
Friday, June 13, 2025
Today’s report: Israel-Iran clash triggers investor panic
A surprise Israeli airstrike on Iranian nuclear facilities has rattled global markets, sending global equities lower as investors flock to safe-haven assets. Amid this turmoil, attention is also on the upcoming University of Michigan consumer sentiment report. read report
Wake-up call
Thursday, June 12, 2025
Next 24 hours: Euro hits 2025 high as ECB signals end to cuts
Today’s report: Fed cuts loom as markets wobble
Global markets are jittery as President Trump intensifies trade negotiations, announcing plans to send formal letters to trading partners within two weeks outlining unilateral tariffs ahead of the July 9 deadline, though Treasury Secretary Scott Bessent suggests a possible extension of the current tariff pause for countries negotiating in good faith. read report
Wake-up call
Wednesday, June 11, 2025
Next 24 hours: US Dollar swings ahead of CPI data
Today’s report: Markets eye US CPI amid global trade optimism
The US dollar holds firm as markets await the May US CPI data and the third round of US-China trade talks in London, with cautious optimism stemming from progress on resolving China’s rare earth export restrictions and potential US tech export relief, though concerns linger over Trump’s trade and fiscal policies. read report
Wake-up call
Tuesday, June 10, 2025
Next 24 hours: Pound slips on weak UK jobs data
Today’s report: Markets eye US CPI, trade talks for direction
The U.S. dollar hovered near its lowest levels since April, despite a slight rebound, as markets focused on ongoing U.S.-China trade talks in London, described as “good” and “fruitful” by Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, though geopolitical tensions in the Russia-Ukraine and Israel-Iran conflicts kept investors cautious. read report
Wake-up call
Monday, June 9, 2025
Next 24 hours: Global markets brace for US-China trade talks
Today’s report: Dollar dips as trade talks and data loom
The Buck has cooled off in the aftermath of Friday’s rally, as markets brace for a busy week of economic data and US-China trade talks in London. read report
Wake-up call
Friday, June 6, 2025
Today’s report: Markets brace for US jobs report
In just six months since President Trump’s inauguration, his once-strong alliance with Elon Musk has deteriorated into a public feud, with Musk criticizing the GOP’s tax-cut bill and Trump threatening Musk’s government contracts. Meanwhile, investors are cautious ahead of the U.S. May jobs report. read report
Wake-up call
Thursday, June 5, 2025
Next 24 hours: Dollar dips, ECB eyes rate cut
Today’s report: Weak US data boosts fed cut bets, Dollar slides
Weaker-than-expected U.S. economic data, with the May ISM Services Index dropping and ADP employment rising by only 37,000 jobs, both missing forecasts, drove down bond yields and the dollar as markets anticipated a softer Federal Reserve stance on rate cuts, with 57bps of cuts priced in for 2025. read report
Wake-up call
Wednesday, June 4, 2025
Next 24 hours: US tariffs bite, markets eye ADP and Beige Book
Today’s report: Fed urges patience as trade war clouds economic outlook
Recent Federal Reserve commentary emphasizes patience in monetary policy amid uncertainties from an escalating trade war, which is dampening the global economic outlook. read report
Wake-up call
Tuesday, June 3, 2025
Next 24 hours: Soft inflation fuels ECB easing bets
Today’s report: Global trade tensions and monetary policy shifts
The US dollar and bonds remain weak as fears of “de-dollarization” persist, driven by escalating trade tensions and the proposed “One Big Beautiful Bill,” which includes Section 899 allowing taxes on foreign holders of US treasuries from countries with “unfair” tax practices. read report
Wake-up call
Friday, May 30, 2025
Today’s report: Dollar dips as tariff ruling sparks uncertainty
The US dollar initially rose after the US Court of International Trade struck down Trump’s tariffs but later weakened as markets considered ongoing uncertainties and signs of a slowing US economy from recent data. read report
Wake-up call
Thursday, May 29, 2025
Next 24 hours: Fed Minutes overshadowed by tariff uncertainty
Today’s report: Dollar rallies as Nvidia sparks AI optimism
The U.S. dollar may see continued strength due to corporate buying around month-end and Nvidia’s upbeat $45 billion revenue forecast fueling optimism for an “AI industrial revolution” and supporting U.S. equities. read report
Wake-up call
Wednesday, May 28, 2025
Next 24 hours: Dollar dips as FOMC minutes loom
Today’s report: US data beats expectations, Dollar holds firm
President Trump’s decision to delay 50% EU tariffs until July 9, coupled with a U.S.-China trade truce, boosted market optimism, with U.S. consumer confidence rising and durable goods orders declining less than expected, easing recession fears and fueling risk-on trades. read report
Wake-up call
Tuesday, May 27, 2025
Next 24 hours: Dollar climbs as tariff talks shift
Today’s report: Trading activity to pick up post holiday break
Trading activity is expected to pick up today as the UK and US markets return from holiday. The Yen has maintained a mild bid tone against a weakening US dollar, driven by market-based exchange rate agreements and easing trade tensions. read report
Wake-up call
Monday, May 26, 2025
Today’s report: Trump tariffs spark market jitters….again
Global markets face a turbulent landscape as Trump’s trade threats, rising bond yields, and shifting monetary policies in Japan and the U.S. drive uncertainty, with U.S. and UK market closures for Memorial Day and Spring Bank Holiday amplifying volatility ahead of key economic data releases. read report
Wake-up call
Friday, May 23, 2025
Today’s report: Trump tax bill sparks treasury turbulence
President Trump’s tax legislation initially triggered a Treasuries sell-off, but markets calmed as attention shifted to U.S. economic indicators, though Senate revisions—broadening tax breaks and reinstating program funding—could increase deficits, potentially provoking a bond market reaction. read report
Wake-up call
Thursday, May 22, 2025
Next 24 hours: G7 reaffirms market-driven FX
Today’s report: US bond auction flops as fiscal fears grow
The U.S. government’s $16 billion 20-year bond auction, the first major sale since Moody’s downgraded the U.S. credit rating, yielded a 1.2 basis point tail despite offering over 5%, signaling investor unease with fiscal irresponsibility, leading to sell-offs in the dollar, U.S. equities, and Treasuries. read report
Wake-up call
Wednesday, May 21, 2025
Next 24 hours: UK CPI surges, Cable hits 2022 high
Today’s report: Dollar under pressure as trade tensions rise
As global markets navigate heightened uncertainty, the U.S. dollar faces pressure from multiple fronts. Anticipation surrounds talks between U.S. Treasury Secretary Bessent and Japan’s Finance Minister Kato at the G7 Finance Ministers meeting, with speculation of dollar-negative outcomes tied to President Trump’s push against undervalued Asian currencies, seen as fueling trade surpluses. read report
Wake-up call
Tuesday, May 20, 2025
Next 24 hours: Inflation watch heats up
Today’s report: US Dollar dips as Fed stays cautious
The market has been focused on U.S. fiscal and bond market developments, with fading concerns over Moody’s downgrade and easing U.S.-China trade tensions reducing haven demand, while tariff-related worries subside. read report
Wake-up call
Monday, May 19, 2025
Next 24 hours: US debt downgrade lifts yields, EZ cuts growth outlook
Today’s report: USD dips on Moody’s downgrade
The US Dollar weakened across major currencies following Moody’s downgrade of the US long-term issuer rating, citing a decade-long rise in government debt and interest payments, with US stock futures, particularly the Nasdaq falling sharply amid warnings of slower GDP growth due to tariffs. read report
Wake-up call
Friday, May 16, 2025
Today’s report: Soft US data boosts rate cut bets
Soft US economic data, including weaker-than-expected April retail sales and PPI, fueled expectations of Fed rate cuts, with futures pricing in ~57bp by end-2025, boosting bonds and pressuring the US dollar read report
Wake-up call
Thursday, May 15, 2025
Next 24 hours: Dollar dips as markets await key us data
Today’s report: Dollar wobbles as CPI softens and Fed eyes dovish tilt
Softer-than-expected US CPI data and expectations of converging economic growth and lower interest rates continue to hinder the dollar’s recovery. read report
Wake-up call
Wednesday, May 14, 2025
Next 24 hours: They’re still selling the Buck
Today’s report: Cautious optimism fuels risk-on
In a landscape marked by cautious optimism, investors are gently embracing a risk-on sentiment, buoyed by progress in U.S. trade negotiations with key partners and a lack of immediate economic catalysts, though uncertainty lingers over the Trump administration’s tariff policies. read report
Wake-up call
Tuesday, May 13, 2025
Next 24 hours: All eyes on US CPI data
Today’s report: Not completely out of the woods
The US-China tariff reduction to 30% and 10% for 90 days fueled risk-on sentiment in Asia-Pacific markets, lifting regional stocks, though Treasury yields and the US Dollar slightly retreated from Monday’s surge. read report
Wake-up call
Monday, May 12, 2025
Next 24 hours: US-China tariff cuts spark Dollar rally and risk on flow
Today’s report: US-China trade talk progress boosts sentiment
Asian markets have kicked the week off on a positive note, driven by progress in U.S.-China trade negotiations held in Switzerland. The White House signaled an upcoming trade agreement, with the U.S. Treasury Secretary and Chinese Vice Premier noting significant advancements, boosting regional market sentiment. read report
Wake-up call
Friday, May 9, 2025
Today’s report: Risk-on mood grows as trade deals take shape
Markets have been supported by Thursday’s tariff-related developments, particularly the U.S.-UK trade framework announcement, which sparked risk-on sentiment and reduced demand for safe-haven assets. read report
Wake-up call
Thursday, May 8, 2025
Next 24 hours: Dollar better bid post FOMC
Today’s report: Fed holds rates, flags tariff risks
The Fed’s recent decision to hold rates steady has highlighted tariff-driven risks, with the Fed Chair noting potential short-lived inflation but signaling a data-dependent stance, as markets price in 77 basis points of cuts by year-end, likely delayed until Q3 when tariff impacts become clearer. read report
Wake-up call
Wednesday, May 7, 2025
Special report: FOMC decision preview
Today’s report: US stock futures surge on Trump tariff shift
The US Dollar is holding steady as the day gets going, while U.S. equity futures are on the rise, buoyed by President Trump’s shift toward prescribing tariff levels and trade concessions to avoid higher duties, signaling a departure from prolonged negotiations. read report
Wake-up call
Tuesday, May 6, 2025
Next 24 hours: Euro stalls amid German political chaos
Today’s report: Dollar steady, US equity futures under pressure
The U.S. dollar remains largely unchanged, while U.S. stock futures, led by a 0.5% decline in the NASDAQ, trade modestly lower, as markets digest mixed global signals. read report
Wake-up call
Monday, May 5, 2025
Next 24 hours: Dollar selling persists despite US jobs report
Today’s report: US tariffs and strong jobs data delay fed rate cuts
Over the weekend, Australian Prime Minister Albanese’s decisive election win bolstered political stability, potentially lifting the Australian Dollar to its fresh 2025 high. But overall, in Asia, markets were quiet due to Japan’s two-day holiday. read report
Wake-up call
Friday, May 2, 2025
Today’s report: Trade talks and tariffs: markets brace for shift
The “Sell America” and peak AI investment themes, once overhyped, are now correcting, with markets entering a consolidation phase as the Trump administration softens its stance on tariffs and seeks trade deals, particularly with China, which insists on tariff removal before talks. read report
Wake-up call
Thursday, May 1, 2025
Today’s report: Yen declines after BOJ delays inflation target
In Asia-Pacific markets, focus centered on the BOJ’s May monetary policy decision amid holidays like Labour Day and Japan’s Golden Week, with the BOJ maintaining rates but delaying its 2% inflation target forecast, reducing expectations for near-term rate hikes and opening downside pressure on the yen. read report
Wake-up call
Wednesday, April 30, 2025
Next 24 hours: Dollar looking at worst month since November 2022
Today’s report: Will a heavy batch of data move markets?
Treasury Secretary Bessent’s mention of an “escalation ladder” and potential embargo seems to have been interpreted by China as a threat after it prompted the Chinese Foreign Minister to warn against yielding to U.S. tariffs. read report
Wake-up call
Tuesday, April 29, 2025
Next 24 hours: Dollar bounces back: Trump eases tariffs, boosts trade talks
Today’s report: Bessent reassures on debt ceiling
Trading conditions have been rather quiet thus far on Tuesday, perhaps thinned by Japan’s holiday. In Canada, the election results show the Liberals, led by Mark Carney, securing a fourth consecutive election victory, though a majority government is still uncertain. read report
Wake-up call
Monday, April 28, 2025
Next 24 hours: Dollar buying muted despite month-end rebalancing chatter
Today’s report: Trade talks ease tariff fears
The market has shifted from expecting extreme tariffs to anticipating moderately elevated ones, which has helped to bolster risk appetite somewhat, though investors remain cautious amid ongoing trade negotiations, likely leading to choppy, sideways trading. read report
Wake-up call
Friday, April 25, 2025
Today’s report: Trump’s China trade thaw faces skepticism
President Trump’s softer approach toward China, aiming for a June summit, has been met with skepticism as China denies trade talks, labeling them “fake news” and demanding the U.S. eliminate all tariffs, though it’s considering suspending 125% tariffs on select U.S. imports like medical equipment in response to Trump’s tariff exemptions on electronics. read report
Wake-up call
Thursday, April 24, 2025
Next 24 hours: Trump tempers tariff cut expectations
Today’s report: Trump softens stance on China
The Trump administration is softening its stance on China, with President Trump indicating tariffs will decrease significantly but not to zero, and Treasury Secretary Bessent hinting at a potential major deal, while the Wall Street Journal has reported proposed tariffs of 50-65%, a significant reduction from China’s current 145%. read report
Wake-up call
Wednesday, April 23, 2025
Next 24 hours: Dollar rises, trade tensions ease
Today’s report: Trade optimism lifts stocks, Buck still struggling
The U.S. market rebound, sparked by reported progress in trade talks with India and a softened U.S. stance toward China, including Trump’s dismissal of tariff hikes and threats to oust Federal Reserve Chair Powell, signals a welcome shift to a de-escalation phase in Trump’s trade strategy, with Treasury Secretary Bessent promoting pro-market policies. read report
Wake-up call
Tuesday, April 22, 2025
Next 24 hours: Dollar bounces back after Euro and Yen hit key levels
Today’s report: Trump Slams Fed, Buck hits 3-Year low
Risk assets have come under added pressure following President Trump’s Truth Social post demanding “preemptive” Federal Reserve rate cuts, accusing the Fed Chair of lagging and politicizing monetary policy. This has translated to three-year lows for the US Dollar against outperforming peers. read report
Wake-up call
Monday, April 21, 2025
Today’s report: Markets consumed with ‘Sell America’ theme
The Trump administration’s efforts to undermine the independence of agencies like the SEC, the Consumer Financial Protection Bureau, and potentially the Federal Reserve, alongside escalating U.S.-China trade tensions and tariff uncertainties, are fueling a “Sell America” sentiment and contributing to the U.S. dollar’s decline. read report
Wake-up call
Friday, April 18, 2025
Today’s report: Easter slowdown hits markets
Trading conditions have thinned out into the end of the week with many market participants off the desks for the Easter weekend. As we come into Friday, things look relatively stable in the aftermath of the ECB decision to cut rates by another 25 basis points, bringing rates to a 2-year low. read report
Wake-up call
Tuesday, April 15, 2025
Today’s report: Safe-haven currencies gain in uncertain trade landscape
Financial markets continue to navigate a complex landscape shaped by evolving US trade policies and global economic dynamics. US Dollar weakness is at the center of everything as investors reconsider the Buck’s safe-haven status in a world of trade wars. read report
Wake-up call
Monday, April 14, 2025
Next 24 hours: Dollar dips on structural concerns
Today’s report: De-escalation sparks rally, Dollar falters
Risk appetite has recovered for now, though the 90-day pause on reciprocal tariffs is still viewed as a tactical move to alleviate intense market stress rather than signaling a shift from the U.S. administration’s “America First” stance. read report
Wake-up call
Friday, April 11, 2025
Today’s report: Euro becoming currency of choice
The US-China trade war has intensified with tariffs on China now at 145%. President Trump has threatened to impose reciprocal tariffs on up to 70 countries within three months if trade deals aren’t reached, creating significant policy uncertainty that markets dread, especially given the complexity and time typically required for such negotiations. read report
Wake-up call
Thursday, April 10, 2025
Next 24 hours: Uncertainty remains despite tariff pause
Today’s report: Trump’s tariff timeout boosts markets
The financial strain on global markets was getting to be a little too much following the 100%+ US levy on China and China’s retaliatory 34% and 50% tariffs on US goods. And so finally, on Wednesday, President Trump cooled things down after announcing a 90-day pause on reciprocal tariffs. read report
Wake-up call
Wednesday, April 9, 2025
Next 24 hours: Flight to safety changing destinations
Today’s report: Tariffs, turmoil, and trades
US equities, Treasuries, and the US dollar have all come under added pressure as worry around the outlook for the US economy and status of the US as a safe haven is called into question amidst all the turmoil around tariffs and trade wars. read report
Wake-up call
Tuesday, April 8, 2025
Next 24 hours: Markets steady, but growth fears and tariff tensions loom large
Today’s report: Volatility grips global currencies
President Trump’s rumored 90-day tariff pause on all but China was quickly denied, leading US stock indices to slide before closing higher, halting a three-day drop, though uncertainty lingers as over 50 countries await trade talks. President Trump remains defiant, pushing for a trade reset with threats of 104% tariffs on China by Thursday. read report
Wake-up call
Monday, April 7, 2025
Today’s report: US equities back to massive previous resistance
President Trump’s rumored 90-day tariff pause on all but China was quickly denied, leading US stock indices to slide before closing higher, halting a three-day drop, though uncertainty lingers as over 50 countries await trade talks. President Trump remains defiant, pushing for a trade reset with threats of 104% tariffs on China by Thursday. read report