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Australian Treasurer Jim Chalmers said on Wednesday that “the market expects more interest rate cuts after inflation figures.” He added: “(I) don't see anything in these numbers that would substantially alter market expectations.” Related news Australian Dollar gains ground following CPI, China's PM

Bank of Japan Governor Kazuo Ueda said on Thursday that the Japanese central bank will continue to raise interest rates if underlying inflation converges toward its 2% inflation target as projected. However, Ueda stated that the central bank will scrutinise "without pre-conception" whether its forec

EUR/GBP appreciates as the Euro finds support amid renewed optimism over potential US-China trade negotiations.US Treasury Secretary Bessent admitted that the existing US-China tariffs are unsustainable and must be lowered for meaningful negotiations.China prepares to lift sanctions on several MEPs,

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Fears of a US recession amid a trade war with China hit the USD hard.Beijing announced on Friday retaliatory levies of 125% on US imports. The US Dollar Index fell to a three-year low of 99.02, bearish bias intact. The US Dollar Index (DXY) bounced from a fresh three-year low of 99.02 achieved on Fr

The tariff conflict triggered by US President Trump and the resulting increase in risk aversion also put pressure on the Platinum and Palladium prices. Tariff turmoil hits Platinum and Palladium prices "The Platinum price fell to $900 per troy ounce at the start of the week, its lowest level in almo

Financial thriller in progress I had trouble turning off the show last night as going to bed during the price action after midnight felt like turning off the TV during a key scene in Margin Call, or putting down a financial thriller like The Reset halfway through, or shutting down the audio squawk o

The Pound Sterling rises to near 1.2850 against the US Dollar as investors expect the US-China trade war to lead the US to a recession.US President Trump increased reciprocal tariffs on China to 104% against Beijing’s retaliation.Deutsche Bank expects the BoE to cut interest rates by 50 bps in May.

European Central Bank (ECB) policymaker Yannis Stournaras warned on Tuesday, “monetary policy is to be less restrictive in 2025.” “But it is possible that inflation rise might delay normalisation of monetary policy,” he added. Market reaction EUR/USD was last seen trading at 1.0926, up 0.15% on the

XAU/USD Gold dipped below $3000 and hit the lowest in three weeks in early Monday trading, in extension of pullback from new record high in past two days. Sharp selloff surprised markets as gold price should have risen further in situation of strong risk aversion and growing uncertainty, but heavy l

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