Frederica

- Markets continued to be unfazed by Trump’s most recent tariff pronouncements: 100% tariffs on non-US produced chips, a doubling of India’s tariff to 50% and threats against India and China for purchases of Russian oil. - Nikkei +2.2% with Topix banking index at a fresh all-time high, on a flat to

Speculation remains rife as to who will be the next chair of the Federal Reserve. Speaking yesterday, President Trump said that he had whittled his list of candidates down to four, of which we have confirmation of two: Kevin Warsh and Kevin Hassett - Chris Waller and David Malpass are reportedly the

As expected, yesterday’s Fed decision and the Powell press conference are still being digested. There were two votes to cut, as expected. We watched the whole thing and thought Powell had a different tone from previous press conferences—and perhaps a tiny bit more dovish, as some analysts perceived.

Key highlights The Federal Reserve is unlikely to cut rates this week despite Trump’s pressure. The central bankers are cautious, waiting to observe how tariffs impact the economy before considering rate cuts. The central bankers are cautious, waiting to observe how tariffs impact the economy before

FXStreet expects the Bank of Canada to maintain unchanged rates on July 30.The Canadian Dollar maintains a positive tone vs. the US Dollar.The July meeting could be the fourth consecutive decision with rates at 2.75%.US tariffs would remain in the spotlight at Governor Macklem’s press conference. As

The US Dollar Index receives support from trade optimism following the US-EU trade deal.US-China trade talks are scheduled to resume on Tuesday, after five hours of negotiations were held in Stockholm on Monday.President Trump ordered the resumption of trade negotiations with Cambodia and Thailand a

Markets are basking in a rare spell of synchronized sunshine—global equities, yields, and sentiment all catching a lift from the trade winds blowing out of Washington. The freshly signed US-Japan tariff truce has set the tone, and traders are already betting Brussels will be next in line for a simil

Gold confirms bullish breakout, reclaiming premium territory as price clears $3,400 on central bank demand and weaker USD.China’s hidden gold stockpiling and Fed uncertainty fuel risk-off appetite, aligning with institutional forecasts toward $3,600.Technical structure shows bullish FVG support, but

United States (US) Treasury Secretary Scott Bessent told CNBC on Monday that a decrease in interest rates would unlock the mortgage market, per Reuters. Bessent added that they need to examine the entire Federal Reserve institution but refrained from commenting on a report that claimed he had advise

WTI price edges higher to near $66.05 in Monday’s Asian session.The EU agreed to a lower price cap for Russia's crude as part of a package of sanctions against Moscow.Traders await the API weekly crude oil stock report due on Tuesday. West Texas Intermediate (WTI), the US crude oil benchmark, is tra

AUD/USD Australian dollar fell almost 1% against its US counterpart during Asian / early European session on Thursday, deflated by disappointing labor data. Australian unemployment jumped unexpectedly in June, hitting the highest in 3 ½ years, while employment rose marginally, contributing to negati