Burke

The dollar index remains constructive and edged higher on Wednesday after data showed that US economy slipped in the first quarter against consensus for a small rise, though it showed better results from expectations of some big US banks. The greenback is still firmly negative overall, suggesting th

Gold price declines to $3,315 in Wednesday’s early Asian session. Easing trade tensions weighs on the Gold price. The US ADP Employment Change, PCE and the flash Q1 GDP reports will be the highlights later on Wednesday. The Gold price (XAU/USD) extends the decline to near $3,315 during the early Asi

There are plenty of frustrated silver bugs. Gold is outperforming once again, and they wonder when silver will finally catch up. History suggests silver will outshine gold in a bull market for metals. So far, that has not been the case for much of gold’s current bull run which began in 2015. It isn’

Asian markets are revving up, ready to catch the tailwind from Wall Street’s melt-up. Futures are flashing green across Japan and Hong Kong after the S&P 500 ripped 2% higher in a squeeze that felt equal parts earnings fuel and macro repricing. Alphabet’s earnings blew the doors off, the Fed is

“China is willing to work with other countries to uphold international trade rules,” the country’s President Xi Jinping said on Thursday. He further noted that “there are no winners in tariffs and trade wars.” Related news Gold Price Forecast: XAU/USD looks to $3,400 and beyond on renewed trade jitt

Partner Center With European traders still out for the holiday and no major data on deck, markets zeroed in on global trade tensions and chatter that Trump might oust Fed Chair Powell. How did the major assets react to these concerns? Here are the updates from the latest trading sessions! Headlines:

Partner Center The U.K.’s Consumer Prices Index (CPI) inflation rate dropped to 2.6% in March, down from 2.8% in February, according to data released by the Office for National Statistics (ONS) today. This marks the lowest inflation reading since December and comes in below economists’ expectations

The Swiss franc benefited significantly from its safe-haven status after the announcement of the reciprocal US tariffs. However, the rapid appreciation is likely to be a thorn in the side of the SNB. As long as the appreciation does not continue at this pace, markets do not expect significant interv

Bonds are no longer a safe haven in the current market sell off. Longer dated bonds are lower across the board today, however, the moves have been most pronounced in the UK. 10-year Gilt yields have surged by 16bps and are selling off at a faster pace than 10-year US Treasury yields, in 30-year Gilt

The Unemployment Rate in Canada rose to 6.7% in March as expected.USD/CAD clings to strong daily gains near 1.4200 after the data. The Unemployment Rate in Canada edged higher to 6.7% in March from 6.6% in February, Statistics Canada reported on Friday. This reading came in line with the market expe

Outsized rally seems excessive; instead of continuing to rise, Euro (EUR) is more likely to pause and trade in a 1.0950/1.1150 range vs US Dollar (USD). In the longer run, upside risk is intact; it remains to be seen if EUR can break the significant weekly resistance zone of 1.1215/1.1230, UOB Group