Today's economic calendar is light, with only US building permits and housing starts scheduled for release.
Today's economic calendar is light, with only US building permits and housing starts scheduled for release.
UK jobs data released today showed a surprise increase in wages, which boosted the odds of another 25 basis point rate hike by the Bank of England (BoE) to 90%.
This week is relatively quiet on news this week, with the major headline being the FOMC minutes being released on Wednesday.
US10Y are back above 4% and pulling the USD with it, unlike the rest of the market that is being left in its wake.
The FTSE 100 index continued to outperform other equity markets on Thursday, rising 0.3% to 7,240.4 points. The index is now up 1.6% for the week.
The British pound (GBP) is trading at the bottom of the pack against its major rivals on Monday, as investors continue to worry about the UK's economic outlook.
Equity futures are holding steady as markets prepare for more Q2 earnings to hit the wires.
Yesterday, the bond market experienced a significant surge in volatility, as indicated by the MOVE index, which measures bond market implied volatility.
In this article, we will delve into the significance of each data point and discuss how they could impact the foreign exchange (FX) markets.
With the quarter and month end coming to a close, expect some volatility as books are rebalanced.
Level up your trading activity - discover the INFINOX experience today.
Research & Insights
Our research will arm you with everything that you need to know to make the most of your financial trading opportunities.
Education
Curated especially for new traders. Our educational suite is an essential toolkit to getting started with your trading journey.