Palmer

De-escalation of the Middle East tensions and encouraging news from the trade front improve risk taking across global financial markets, leading gold and oil lower and boosting appetite for major currencies. The US dollar remains under pressure however on looming US debt worries while the Swiss fran

The escalating conflict between Israel and Iran, intensifying in June 2025, has sent shockwaves through global markets, particularly impacting oil prices due to the Middle East's critical role in energy production. As Israel targets Iranian energy infrastructure and Iran retaliates, fears of supply

The Fed will announce its latest policy decision later, and expectations are that Powell will keep rates on hold, especially after last week's slightly higher inflation print and still solid US jobs data. We can see some stabilization in the US dollar ahead of this event, but we have to keep an eye

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. Share: Analysis feed

GBP/USD pared previous losses to hold tightly to the 1.3550 level on Wednesday.Mid-tier UK data smattered across the data docket on Thursday.US business-level PPI inflation figures are due on Thursday after cool CPI print. GBP/USD found some bullish tailwinds on Wednesday, erasing the previous sessi

The US and China have reached a new framework to revive their trade truce, with both sides signaling readiness to ease tariffs and resolve rare earth export issues. After two intense days of negotiations in London, the US and China have agreed to a trade framework that revives the truce initiated in

The Federal Reserve (Fed) Bank of New York noted in its latest Survey of Consumer Expectations that the year-ahead inflation expectation stood at 3.2% in May, down from 3.6% in April. Key takeaways "May three-year ahead expected inflation 3% vs. April’s 3.2%." "May five-year ahead expected inflation

1) UK Unemployment/Wages (Apr) – 10/06 – in an unwelcome sign for the government headline unemployment edged up to 4.5% in March, and the highest level since August 2021. The number of vacancies also saw a sharp drop of 5.3% over the quarter. The construction sector was notable for seeing the bigges