MarketPulse

The New Zealand dollar is flat in Thursday trade. In the European session, NZD/USD is trading at 0.7157, up 0.02% on the day.New Zealand dollar plunges on inflation fearsIt was Black Wednesday for the...

A late tweet from Elon Musk sent Bitcoin prices into freefall. Musk decided that the environmental impact of Bitcoin mining has become too significant, his tweet was a major reversal for Tesla...

The pound is showing limited movement in the Wednesday session. In European trade, GBP/USD is trading at 1.4132, down 0.07%.UK economy contracted in Q1UK GDP numbers were a mixed bag, as the economy...

Oil markets remain on the sidelines Oil markets maintained their wait-and-see approach to the noise and tail-chasing seen elsewhere overnight. The Colonial pipeline cyberattack saga is dragging on and...

Currency markets are noisy but directionless Currency markets had a noisy and choppy session yesterday but had returned to the mean by the sessions close, with the dollar index falling just 0.12% to...

Asian markets deep in negative territory Wall Street ended lower overnight with the Dow Jones and NASDAQ swapping places from the day before as the worst performers. Inflation concerns were blamed,...

Oil markets watch from the side-lines Despite the noise elsewhere, oil markets were content to sit the volatility and inflation nerves out. Both Brent crude and WTI finishing almost unchanged from...

Inflation fears boost US dollar The US dollar rose modestly as inflation nerves sapped risk sentiment and firmed up US yields, notably in the 30-year tenor. In contrast to the panic seen in equities...

Asian markets fall on inflation fears Wall Street got inflation jitters overnight, and with Goldman Sachs highlighting big technology company risks, the NASDAQ tumbled with some of that money flowing...

Markets again concerned about inflation And just like that, we’re back to financial markets schizophrenic flirtation with inflation. Not enough meds have been ingested clearly because all the...

The Australian dollar is in positive territory for a fourth straight day. In the European session, AUD/USD is trading at 0.7878, up 0.49% on the day. It’s up, up, up for the Australian dollar....

Oil rallies on Colonial Woes The Colonial Pipeline hack headlines over the weekend have lifted oil prices, as markets fear US supply line disruptions in refined products. Oil finished neutral on...

Nonfarm Payrolls Massively Under-Performs The US dollar plummeted after the huge downside miss on the Nonfarm Payrolls gave weight to the lower-for-longer mantra from the Federal Reserve. After an...

Friday saw a massive miss on Nonfarm Payrolls, which managed to rise by only 266,000 jobs. However, this is quickly being dismissed as an anomaly, as stock markets rallied. Clearly, investor optimism...

Friday’s gigantic Nonfarm Payrolls miss, as payrolls rose by only 266,000 jobs, is quickly being dismissed as an anomaly. The signs were already there in New York, with US 10-year yields...

Wall Street went on a wild ride after a huge nonfarm payroll report miss reaffirms the Fed’s stance to do nothing. A massive slowdown in hiring was not expected and the knee-jerk reaction across...