AUD/USD records a third week of gains, fueled by unexpected inflation data and hawkish expectations from the Reserve Bank of Australia. Mixed economic indicators from China add complexity to economic outlook.
Markets react to France’s election results and anticipate the UK’s General Election outcome. Dive into the technical analysis of the DAX and FTSE for strategic positioning ahead of key political events
The S&P 500 and Nasdaq surged to new record highs last week following cooler labor market data, bolstering expectations of a September Fed rate cut. US CPI and PPI data, Fed Chair’s testimony, and Q2 2024 earnings season in focus.
The AUD/USD soared to a six-month high last week, closing at .6748 (+1.21%), driven by robust Australian economic data, rising commodity prices, and contrasting expectations for US and Australian interest rates.
The assassination attempt on former President Trump and softer Chinese economic data have stirred market uncertainty, potentially impacting the AUD/USD exchange rate and the future performance of the Australian dollar.
European indices experience volatility amid UK inflation data and ECB meeting. Explore the market reactions, FTSE and DAX outlook, and what investors can anticipate.
