In the world of finance, words can sometimes be as powerful as actions. Known as "Fedspeak", the speeches, statements, and even subtle remarks made by key figures within the Federal Reserve can cause significant ripples or even tidal waves across global markets.
The U.S. dollar moved lower on Wednesday, pressured by a combination of weaker-than-expected economic figures and dovish signals from Federal Reserve Chair Jerome Powell.
Sterling boasts a strong interest rate differential, but encouraging inflation data has undermined the currency somewhat. UK data is light but NFP ought to shake things up
The oil market is on a tear this year, but prices’ long rally is starting to look as if it might need a rest.
The second quarter of the year looks set to bring renewed volatility to a wide range of assets classes as a slew of central banks look set to pull the trigger on interest rate cuts.
Gold volatility has been on the rise, buoyed further by the recent escalations in Russia and the Middle East adding to the metal’s safe haven appeal
The upcoming release of the March U.S. jobs report is set to inject considerable volatility into financial markets and could have a decisive impact on the performance of the U.S. dollar in the near future.
A drone strike on Russian oil infrastructure and Israel’s targeted attack on the Iranian embassy in Damascus helped maintain oil’s recent rise ahead of the OPEC meeting
Sterling was knocked by some surprise strength in US output and remains under pressure despite some domestic expansion.
The US dollar is trading at a multi-month high after data showed that inflation in the US is creeping higher. Despite higher US Treasury yields, gold continues to eye a fresh record high.