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NFP Shock: The Market Impact and What Comes Next Breaking Down the NFP Data The U.S. economy added 254K jobs in September 2024, a sharp increase from the revised 159K in August and significantly surpassing the forecast of 140K. This marks the strongest job growth in six months, well above the average monthly gain of … Read more

Bank of England’s Pill Talks Rate Cuts: What Does It Mean for GBP? BoE’s Stance on Rate Cuts Bank of England’s Chief Economist, Huw Pill, recently signaled potential rate cuts but cautioned against moving too quickly. His comments align with Governor Bailey’s earlier hints at sequential rate cuts in response to falling inflation. However, Pill’s … Read more

Nonfarm Payrolls & Geopolitical Risks: Today’s Market Impact and Trading Strategies Geopolitical Tensions Geopolitical risk remains **LIVE** as we monitor developments between Israel and Iran. Headlines around potential Israeli retaliation can lead to sudden market shifts, causing spikes in safe-haven assets such as USD, CHF, JPY, gold, and oil. The current environment urges caution against … Read more

Swiss Franc: Navigating Choppy Waters Amid Mixed Signals The Swiss franc is currently navigating through a sea of mixed signals, making it a challenging environment for traders. Recent economic data out of Switzerland adds complexity to the situation, as the country’s annual inflation rate decelerated to 0.8% in September 2024, down from 1.1% in August. … Read more

Dollar’s Uncertain Path: Eyes on ADP Jobs Print The U.S. dollar finds itself at a critical juncture, holding at a key support level as market participants assess its next move. Recent data releases have provided mixed signals, contributing to uncertainty about the dollar’s direction. The upcoming ADP jobs report could be the tipping point that … Read more

Oil Market Volatility: What’s Driving the Surge? The oil market is experiencing a new wave of volatility driven by a combination of geopolitical fears and supply concerns. This complex environment is creating uncertainty and sudden market movements, keeping traders on their toes. Here’s a ook at the current factors affecting oil prices and what to … Read more

PCE Data Impact: Euro/Dollar & Gold – What to Watch For The U.S. Personal Consumption Expenditures (PCE) data release today which is important due to its potential to shift the Federal Reserve’s stance on interest rates. The PCE data is the Fed’s preferred inflation measure, so any surprises here could significantly impact the market dynamics … Read more

Copper’s Flag Breakout: China Stimulus Impact Copper prices are on a strong upward trajectory, breaking out after China’s recent stimulus measures were unveiled at the Politburo meeting on September 26. The Politburo’s detailed plan aims to inject much-needed liquidity and fiscal support into the Chinese economy, which has directly influenced the bullish sentiment in the … Read more

SNB’s 25bps Cut: A Subtle Move, Intervention Hints Create Uncertainty The Swiss National Bank (SNB) cut its policy rate by 25 basis points to 1.00%, a move that aligned with most market expectations. This decision initially strengthened the Swiss franc (CHF), as markets had priced in a 40% implied probability of a larger 50bps cut. … Read more

China Stimulus Fuels Copper Rally, But Long-Term Risks Linger China’s recent stimulus measures have injected fresh momentum into global commodities, especially copper. As the world’s largest consumer of copper, accounting for more than 50% of global demand, China’s economic health is critical to the outlook for this industrial metal. The latest stimulus package — including … Read more