Topic: Daily Market Updates
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Premature celebration on trade optimism?
UK-US trade deal is symbolic at best. Fed overlooking stagflation risks. A 3-way split signals ambiguity.
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Pound and dollar rise on trade deal hopes
Fed stands pat due to tariff uncertainty. UK-US trade deal expected. BoE rate cut is priced in today. Euro stuck in sideways trading pattern.
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GBP/USD returns to three-year highs ahead of Fed
Greenback weaker as Fed decision looms. GBP/USD back to “danger zone”. EU mulls new counter-tariffs.
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USD hit in Asia as USD/TWD plunges
Taiwanese dollar surges as “appreciation by stealth” mooted. Dovish signals point to BOE’s May rate cut. GBP/AUD, EUR/AUD extend losses after Australian election.
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US payrolls report could jolt markets
US data downbeat but not dreadful. Euro flirting with key support level. Four BoE cuts now priced in.
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Trade optimism boosts dollar
Wave of hard data reinforces US growth concerns. Euro softens after historic April rally. Pound’s correlation with oil prices.