The US dollar regained ground in Thursday’s session after retreating sharply the day before, as market volatility subsided following President Trump’s attempt to defuse speculation about the premature removal of Federal Reserve Chair Jerome Powell. While the President’s comments restored some calm to financial markets, the broader risk surrounding central bank independence remains firmly in […]

US inflation data for June has prompted market participants to scale back expectations of multiple interest rate cuts by the Federal Reserve in 2025. Although a September rate reduction is still on the table, its likelihood has been meaningfully downgraded. Strong labor market data earlier this month already tempered expectations, but with signs now emerging

Markets enter the new week navigating a delicate equilibrium between renewed geopolitical tension, persistent political pressure on the US Federal Reserve, and the highly anticipated release of June’s US Consumer Price Index (CPI) data. President Donald Trump’s latest 100% tariff threat on Russia, coupled with escalating criticism of Fed Chair Jerome Powell, has intensified uncertainty

Financial markets began the week on a cautious note following President Donald Trump’s announcement of new 30% tariffs on imports from the European Union (EU) and Mexico. The policy development adds another layer of complexity to a trade landscape already destabilised by previous levies on a wide spectrum of US trading partners, including Canada, Brazil,

Trade tensions escalated sharply following the formal announcement by President Donald Trump of a 50% tariff on copper imports, effective August 1. The move reinforces the administration’s protectionist trajectory and further unsettles global markets. Price action in commodity and currency markets indicates investors are beginning to internalise the broader inflationary and policy implications of Trump’s

Global financial markets entered a renewed phase of caution following US President Donald Trump’s announcement of a higher than anticipated 50% tariff on metal imports, with additional levies targeting copper and pharmaceuticals reportedly under consideration. The abrupt escalation in trade policy has added to investor uncertainty, particularly given the lack of policy coherence and the

Global markets began the week on a firmer footing after President Donald Trump temporarily deferred the implementation of newly announced tariffs, signalling an openness to further negotiations. The delay, alongside ongoing bilateral trade talks, has eased short term uncertainty, allowing risk sentiment to improve moderately. The US dollar weakened slightly, while the euro advanced amid

Financial markets opened the week on a cautious note, marked by renewed trade tensions and policy uncertainty. The US dollar firmed against major peers as President Donald Trump reiterated his hardline stance on trade, announcing that tariff letters will be issued as early as today. His threat to impose an additional levy on nations aligning

Markets are navigating a mixed set of signals as President Donald Trump intensifies trade threats ahead of a critical July 9 deadline, while stronger than expected labour market data in the US has tempered expectations for immediate monetary easing. The US financial markets are closed for the Independence Day holiday, resulting in lighter trading conditions.

Financial markets are on high alert ahead of the release of the June US Nonfarm Payrolls (NFP) report, with investors weighing the implications of potential labour market softening for the trajectory of Federal Reserve (Fed) policy. The data is set to be pivotal for the near-term direction of the US dollar and broader risk sentiment,