Topic: Daily Market Updates
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US inflation report could rattle markets today
Neutral euro at $1.06 awaiting Thursday’s data. Dollar on track for seventh consecutive fall. UK economy grows again, pound mixed.
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Risk appetite rebounds after dovish Fed and China stimulus
Dollar slips before Fed minutes. Sterling’s recovery could extend higher. China’s stimulus hopes overshadow jittery European gas market.
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Commodity price volatility is mounting
Financial markets doing the job for the Fed. Volatility expected to increase this quarter. EUR: bad luck comes in threes.
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Geopolitical tensions ripple through markets
Middle East conflict dents sentiment. Focus shifts from labour to inflation. Pound surrenders to safe havens.
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Crunch time for markets as US jobs report beckons
Jobs report to leave Fed on fence? Sterling’s rebound loses traction. Neutral euro at $1.05 before big data.
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Volatile bond and oil markets steer FX
ADP report does not matter, until it does. Yield and oil slip, euro back above $1.05. Correlation with euro could prove dicey for pound.