France May business confidence 97 vs 99 expected
Prior 99 (revised to 100) This is not a market moving indicator but it’s a bit of a disappointment. This article was written by Giuseppe Dellamotta at www.forexlive.com. Source link
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UK Public Sector Net Borrowing Highest Since 2021
UK public sector net borrowing in April was the highest in any month since April 2021, the Office for National Statistics reported Thursday. Public sector net borrowing rose by GBP 1.0 billion to GBP 20.2 billion in April. This was the highest borrowing since April 2021 and was also above economists’ forecast of GBP 18.0
US Deficit Jitters Roil Markets as Yields Surge, Dollar Sinks, Bitcoin Hits Record
The dominant driver in global markets at the moment is rising concern over the US fiscal deficit. 30-year yield surged toward 5.1% overnight, its highest level since October 2023. 10-year yield also breached the 4.6% mark for the first time in months. Equity markets responded accordingly, with major US indexes closing sharply lower. Gold has
Japan’s Mimura says Japan, US did not discuss FX levels at finance ministers’ meeting
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Japanese Yen stands firm near two-week top against USD on BoJ rate hike bets, safe-haven demand
The Japanese Yen attracted some dip-buyers following upbeat domestic data. BoJ rate hike bets and reviving safe-haven demand also lend support to the JPY. The prevalent USD selling bias further exerts downward pressure on USD/JPY. The Japanese Yen (JPY) retains its positive bias through the Asian session and trades near a two-week high touched against
USD/CAD extends the decline to near 1.3850 amid weaker US Dollar
USD/CAD trades in negative territory near 1.3855 in Thursday’s early Asian session. Worries about a ballooning US deficit weigh on the US Dollar. The advanced S&P Global Manufacturing and Services PMI reports will be closely watched later on Thursday. The USD/CAD pair extends its downside to around 1.3855 during the early Asian session on Thursday,
Stability in Manufacturing Sector: Judo Bank's May PMI Holds Steady at 51.7
Australia’s manufacturing sector appears to be experiencing a period of stability amid economic uncertainties, as evidenced by the latest data from Judo Bank. The Manufacturing Purchasing Managers’ Index (PMI), a key economic indicator, remained unchanged from April at 51.7 in May 2025. This steady performance marks a consistent pace of growth within the sector, avoiding
Singapore GDP Climbs 3.9% On Year In Q1
Singapore’s gross domestic product expanded 3.9 percent on year in the first quarter of 2025, the Ministry of Trade and Industry said on Thursday. That beat expectations for a gain of 3.8 percent after rising 5.0 percent in the three months prior. On a seasonally adjusted quarterly basis, GDP contracted 0.6 percent – but that
Leaders and Laggers – May 21 N.A. Session Close
Log in to today’s North American session recap – May 21, 2025Today’s session was characterized by sharp volatility across markets, driven by broad USD weakness and the U.S. 30-year yield reaching the 5% mark. The Dollar Index fell 0.4%, after dipping as much as 0.72%, fueling notable rallies in both Gold and Bitcoin. Among major
US Treasury confirm that Sec. Bessent met with Japan finance minister Kato
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Forex Today: It’s PMI-day!!!
The US Dollar (USD) maintained its weekly leg lower well in place, weakening to new two-week lows on the back of rising concerns over the US fiscal position in light of President Trump’s tax bill and worries over the performance of the US economy. Source link
Bitcoin Races towards New All-Time Highs – Crypto Update
BTC is less than $1,000 from its all-time highs! Bitcoin and other cryptos appreciated quite well since April 2025, from a rebound in risk assets. Fears from US tariffs were at their peak as President Trump started to put down the microphone and discuss with other foreign politicians. The US dollar as been lagging, giving
Tech slowdown persists: Consumer cyclical and healthcare sectors seize opportunity
Stock heatmap by FinViz.com Wed, 21 May 2025 14:46:03 GMT Sector Overview The US stock market experienced a nuanced day with mixed performances across various sectors. While the technology sector seems to be losing its previous momentum, evidenced by Microsoft (MSFT) declining by 0.44% and Oracle (ORCL) dropping by 0.62%, there is burgeoning resilience in
US Assets Remain Under Pressure; Sterling Gains Muted Despite Hot CPI
Dollar’s selloff moderated slightly during European session, but pressure on US assets remains firmly in place. DOW futures are down more than -300 points, while the 10-year Treasury yield has surged back above the 4.5% mark. Market sentiment continues to reflect unease over the US fiscal outlook and uncertainty surrounding the Trump administration’s trade stance.
Japan’s Bond Market Crisis: Global Implications Of The Yield Surge
Emerging markets are particularly vulnerable to this dynamic, as they have often been beneficiaries of Japanese capital seeking higher returns. A sudden withdrawal of this capital could trigger liquidity problems and asset price declines in these markets, potentially cascading into broader financial instability. Global bond markets could also face pressure as Japanese institutional investors, who