Global markets stumbled into December with a fresh wave of risk aversion, as a renewed plunge in cryptocurrencies and a sharper hawkish tone from the Bank of Japan (BOJ) rattled sentiment. With the Federal Reserve’s Dec. 9 – 10 meeting and the BOJ’s Dec. 19 policy decision now directly in sight, investors are scaling back risk until the world’s […]

Global markets opened December on a defensive footing as traders reduced risk exposure ahead of a high stakes data week that could reset expectations for the Federal Reserve’s December meeting and the rate path heading into 2026. Despite the caution, markets continue to firmly price in a quarter point Fed rate cut next week, keeping policy easing as

A cooling malfunction at a key CME data center forced a halt in trading across its major exchanges, including the CBOT, NYMEX, and COMEX. The disruption also spilled into EBS, a primary venue for institutional FX trading, further tightening liquidity conditions during a session already expected to be thin. With one of the world’s largest derivatives marketplaces offline, traders

Treasuries held firm for a second session, supported by rising confidence that US monetary policy is headed toward easing. Momentum strengthened after reports that Kevin Hassett, the White House National Economic Council Director and a vocal advocate for lower rates, has emerged as the frontrunner to replace Jerome Powell as Fed Chair  a shift that markets

Markets entered the week with renewed conviction that the Federal Reserve is preparing to ease policy in December, driving a fresh wave of optimism across risk assets. A series of supportive remarks from key Fed officials  including Governor Christopher Waller, New York Fed President John Williams, and San Francisco Fed President Mary Daly  reinforced the growing view that policymakers

Traders kicked off the week by rebuilding expectations for a December Federal Reserve rate cut, helping stabilize sentiment after last week’s turbulence. Renewed optimism came after New York Fed President John Williams  one of the most influential voices at the central bank  signaled that policymakers still have room to ease in the near term. His remarks were

Market sentiment turned defensive on Thursday as traders reassessed the likelihood of a December rate cut following a fresh round of cautious commentary from Federal Reserve officials. The long delayed September employment report finally arrived and while it showed a pick up in job growth, the slight rise in the unemployment rate underscored a labor

The dollar is extending its strength after logging its biggest single day gain since late September, supported by shifting expectations around the Federal Reserve’s near-term policy path. US Treasuries were steady overnight, stabilizing after a mild pullback as traders further unwound bets on a December rate cut. With visibility on the labor market still limited,

Investor focus is firmly locked on the delayed September US employment report, due Thursday  a release that will likely reset expectations for the Federal Reserve’s next policy move. With the data backlog finally clearing, this week’s jobs numbers are expected to play a decisive role in shaping rate cut probabilities heading into year end. For now,

After several weeks of silence from Washington, investors are finally about to receive the economic signals they’ve been waiting for. With US government agencies back online, a full slate of key indicators  including fresh labour-market readings  will set the tone for global markets this week. For traders, this data release cycle is not just routine, it