Author: FX

India holds rates as expected but flags growth risks from US tariffs Source link

U.S. crude oil prices are chillin’ near a key support zone! Will this lead to the Black Crack turning higher in the next trading sessions? WTI Crude Oil 4-hour Chart by TradingView In case you missed it, crude oil’s been under pressure lately. Worries about global growth, fresh OPEC+ production coming online by September, and U.S. efforts to push Russia toward a peace deal with Ukraine have all chipped away at prices over the past few days. The dollar hasn’t had much luck either. Soft U.S. data and growing Fed rate cut expectations have kept the Greenback on the back…

New Zealand’s unemployment rate climbed to 5.2% in the June 2025 quarter, up from 5.1% in the previous quarter, as the labor market continues to show signs of gradual cooling amid broader economic headwinds. The latest data from Statistics New Zealand showed a 0.1% quarter-on-quarter decline in hiring as expected, while the previous reading was downgraded to show a flat figure from the earlier 0.1% uptick. Key Points from the June 2025 Quarter Report Unemployment rises modestly: The seasonally adjusted unemployment rate increased to 5.2% from 5.1%, with the number of unemployed people reaching 158,000 Employment rate declines: The employment…

Market expectations are running high for the U.K. central bank to cut interest rates this week, so will they deliver? And are policymakers about to hint at further easing ahead? Here’s what to look out for when trading the August BOE decision. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to MarketMilk™ Plus More! Source link

A bit of calm was seen in the financial markets early Tuesday, before volatility once again picked up around the release of the U.S. ISM services PMI and another round of remarks from Trump. Although the EU agreed to delay its countermeasures against the US, Trump warned that the region could face much higher tariffs unless they reach a deal soon, bringing global trade jitters back in play. Here are headlines you may have missed in the last trading sessions! Headlines: New Zealand ANZ Commodity Prices m/m for July: -1.8% (-2.4% previous) Australia ANZ Job Advertisements m/m for July: -1.0%…

The U.S. Department of Justice has charged two Chinese nationals with illegally exporting tens of millions of dollars’ worth of advanced AI chips, including Nvidia’s H100 processors, to China between October 2022 and July 2025.via a company called ALX Solutions out of California, founded shortly after U.S. export controls on high-end semiconductors took effectthe firm allegedly circumvented U.S. restrictions by funneling shipments through Singapore and Malaysia, common transshipment hubs, before final delivery to China.The chips in question include Nvidia’s H100 GPUs, which are tightly restricted under U.S. export rules due to their role in powering artificial intelligence systems.The case comes…

The Average of ATR (Average True Range) MT4 Indicator is a custom tool used to measure volatility in a smoother, more stable way than the standard ATR. Instead of reacting to every sharp move in the market, it averages the ATR values over a selected period. This helps reduce the noise and gives traders a better view of long-term volatility trends. It’s especially helpful for swing traders or those who want to fine-tune their position sizing based on consistent market activity. Why It Matters for Traders Many indicators only show part of the picture. The standard ATR can be jumpy,…

Via a UBS Global Wealth Management note.UBS points to policy easing as a major tailwind, forecasting that the Federal Reserve will resume rate cuts at its September meeting, with a total of 100 basis points of cuts expected by early 2026. “Rate cuts have typically been supportive for stock markets during non-recession periods,” the note added. “And a likely weaker US dollar as a result of lower rates should offer a further tailwind.”Says investors should brace for short-term volatility but remain confident in the broader equity rally:“While we still expect near-term volatility as the impact of US tariffs feeds through…

GBPUSD has traded choppily today, with an Asian session high near 1.3302 and an early European low at 1.32587—a modest 44-pip range, well below the one-month average of around 91 pips. The latest move higher has extended the day’s range to 54 pips, still leaving room for expansion.If upside momentum holds—and buyers remain in control—the next target is yesterday’s high at 1.33308, just under the falling 200-hour moving average at 1.3334. Above that, the 100-day moving average at 1.33455 comes into play.Technically, buyers gained confidence after today’s session lows held near the falling 100-hour moving average (blue line). That successful…

The US ISM Services PMI missed consensus in July.The US Dollar clings to its daily gains on Tuesday.Data from the Institute for Supply Management (ISM) showed the Services PMI receded to 50.1 in July, down from 50.8 in the previous month and falling behind analysts’ forecasts of 51.5. Meanwhile, the Prices Paid Index—which tracks inflation—advanced to 69.9 from 67.5, the Employment Index ticked lower to 46.4 from 47.2, and the New Orders Index deflated to 50.3, from 51.3.Market reactionThe Greenback maintains its upbeat performance on Tuesday, motivating the US Dollar Index (DXY) to add to Monday´s bounce and trade at…