Financial Market News from tixee

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Markets await US inflation data, UK GDP & BoC

Market Updates
July 13, 2022

Gold fell 0.43% yesterday in its second straight day of losses on USD strength and as investors looked ahead to the release of US inflation data. The consumer price index (CPI) is expected to rise again in June to a new 40-year high. However, core inflation which excludes more volatile items such as food and fuel is expected to fall for a third straight month.

Growth hit the DAX, RBNZ rate decision due later

Market Updates
July 12, 2022

The DAX closed 1.4% lower in the previous session as the Nord Stream 1 pipeline was switched off for annual maintenance work, but concerns grow over whether the Russian gas supply will e switched back on after the planned ten-day period. If not, Germany could be forced the start rationing gas supply to industry which would hurt demand for German assets such as the DAX.

China COVID and US inflation fears return

Market Updates
July 11, 2022

AUD/USD gained 0.6% in the previous week after the RBA hiked interest rates by 50 basis points taking the rate to 1.35%. This was the first time in history that the central bank has raised rates by 50 basis points at consecutive meetings.

Recession fears ease, US jobs data in focus

Market Updates
July 8, 2022

Dow Jones => The index rises to a 10-day high BTC/USD => The crypto rises to 22k EUR/CAD…

Attention turns to ECB minutes & US payroll data

Market Updates
July 7, 2022

EUR/USD => The pair rises to 1.02 FTSE => The index rises towards 7200 Gold => The commodity rises…

All eyes on Fed & ECB minutes

Market Updates
July 6, 2022

S&P500 => The index falls towards 3800 Oil => The commodity steadies around $100 EUR/GBP => The pair falls…

Risk sentiment rises, RBA hikes rates

Market Updates
July 5, 2022

AUD/USD => The pair slips towards 0.6850 BTC/USD => The crypto rises over 20k EU Stoxx 50 => The…

The week starts in a cautious mood, EZ PPI inflation due

Market Updates
July 4, 2022

DAX => The index rises towards 13000 USD/CAD => The pair rises towards 1.29 AUD/USD => The pair holds…

Recession fears dominate ahead of Eurozone inflation

Market Updates
July 1, 2022

Bitcoin is falling for a sixth straight day. The cryptocurrency trades 11% lower this week and trades 40% lower this quarter in its largest quarterly drop in over a decade.