Market Overview

Overview: The US Treasury market is retreating for the fourth consecutive session ahead of Fed Chairman Powell's testimony before Congress. It is the longest losing streak in six months, and the...

Market focusMarkets are focused on Powell’s US Congress speech tonight, suggesting that it can give a definitive answer to the question of whether the rate will be cut at the end of this month....

Asia Equities China inflation data continues to provide an unwelcome distraction to the great Fed debate. But the move could be exacerbated by downside banking sector hedges ahead of the July 12 when...

The political appeasements along with several reforms to improve the business climate have allowed a macroeconomic recovery since 2018 in Kenya. However, the fiscal position remains weak: on one side,...

CHINA SAYS JUNE FOOD CPI +8.3 PCT FROM A YEAR AGO; NON-FOOD CPI CHINA JUNE PPI 0.0 PCT FROM A YEAR AGO (REUTERS POLL +0.3 PCT)China inflation data is providing an unwelcome negative distraction to the...

U.S. MarketsU.S. equity markets remain very cautious ahead of Fed chairman Jay Powell testimony. And rightly so as one of the principal drivers of soaring stock market valuation is the thought of easy...

(Tuesday Market Open) Trepidation seems to be growing as investors prepare for two days of Fed Chair Jerome Powell’s “Humphrey Hawkins” testimony to Congress starting tomorrow. U.S....

Financial markets remain on edge ahead of Fed Chair Powell’s crucial two days of House Congressional testimony that will begin on Wednesday. Friday’s robust employment report, along with...

Markets off highs ahead of Powell testimonies The rally in stock markets has stalled again at the start of the trading week, as last week’s jobs report continues to worry investors relying on...

Nearly a million Australians have lodged their tax statements in little more than a week as they rush to receive rebates that the country’s central bank hopes will kick-start an ailing...

Global stocks, U.S. futures extend post-NFP losses German BASF's profit warning hits European indices U.S. yields, dollar climb ahead of Fed Chair Powell's speech Gold drops despite broad risk off...

Asia market wrap Markets remain cautious ahead of Humphrey Hawkins and the FOMC minutes which has notably weighed on risk assets in Asia today as investors head for the sidelines ahead of a deluge of...

The US dollar index was trading higher on Monday. This comes following last Friday’s payrolls report. Investor expectations for a larger rate cut in July fell after a strong payrolls report...

Market FocusA corrective pullback is developing on the revaluation of the Fed's monetary policy. Friday's Nonfarm Payrolls are still influencing the investors' sentiments. This report forced market...