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When asked if reciprocal tariffs are still coming on Wednesday, US President Donald Trump said 'we'll see'. Trump commented on this at an event to welcome home a hostage released by Russian President Vladimir Putin late Tuesday. Market reaction Markets remain on tenterhooks on Trump’s tariffs uncert

USD/CAD gains ground to around 1.4320 in Monday’s late American session. Trump tariff threats weigh on the Canadian Dollar. Investors brace for Fed Chair Jerome Powell’s semi-annual testimony on Tuesday. The USD/CAD pair gathers strength to near 1.4320 during the late American session on Monday. The

Last week’s January inflation data for the Euro Area surprised to the upside. We note that the core index first fell to 2.7% nine months ago, and has failed to improve at all since that time. As in the UK, dismal growth is more a factor of restrictions to supply than insufficient demand, and we thin

Summary Inflation's early strength in 2024 was a jarring reminder that restoring price stability would not be a quick affair. The January CPI report is likely to show that inflation remained stubbornly strong at the start of 2025. We estimate the headline index rose a "high" 0.3%, which would leave

While the FTSE 100 powers higher, Wall Street remains contained following its rebound earlier in the week, says Chris Beauchamp, Chief Market Analyst at online trading platform IG. FTSE 100 record high comes despite gloomy BoE The difference between the FTSE 100 and the UK economy have been starkly

GBP/USD has rallied by 2.1% from Monday, 3 February swing low. The 2-year yield premium shrinkage between UK sovereign fixed income over the US Treasury Note may trigger a bearish reversal on the GBP/USD. Watch the key medium-term resistance of 1.2610 on the GBP/USD. Since its swing low of 1.2249 pr

lump of silver or platinum or rare earth mineral on a floor SIL (Silver Miners ETF) is a financial product designed to mirror the performance of silver mining companies. It offers investors a straightforward way to gain exposure to the silver market without directly purchasing physical silver or ind

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Summary Despite stronger-than-expected consumer spending in December, the Fed's preferred gauge of underlying inflation rose only slightly putting the year-over-year rate at 2.8%. We explore the challenge of sustaining robust activity while still finishing the job of bringing down inflation. Nobody

Here is what you need to know on Friday, January 31: Major currency pairs trade in narrow ranges early Friday, following some volatility seen on Thursday. Regional and nation-wide inflation data from Germany and December Personal Consumption Expenditures (PCE) Price Index data from the US will be wa

The Canadian Dollar (CAD) is little changed. The BoC policy decision yesterday suggested a cautious outlook for monetary policy amid heightened uncertainty around tariffs. The Bank assumed risks around the 2% inflation target were balanced, suggesting little appetite for more easing, all else equal,