Topic: Daily Market Updates
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Geopolitical shock fades
Dollar gain moderates despite perfect storm. Still room for further GBP weakness? Euro gains ahead of PMIs.
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Tensions in the Middle East
Fed hawks roam free. Pound sets a new low for the year. Euro derailed by ECB comments.
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Global relief, just not for equities
US data in focus as dollar settles . Pound bottoms, helped by inflation. Euro inches to a 1-week high.
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Powell caves and pivots
New reality of higher for longer sets in. Upside CPI surprise gives Sterling a boost. USD strength negates positive EU data surprise.
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Dollar reigns supreme in 2024
Retail sales continue streak of strong data. Sterling plunges to a 6-month low. Euro fails to recover despite industrial output rebound.
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Markets steady despite geopolitical worries
Dollar supercharged by rate divergence. Pound hits 5-month low. Risky to bet on a euro rebound.